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Bogus tax return in fraud case draws probation

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Ronald Simons will avoid jail time despite knowingly submitting a false 2006 tax return for embattled broker-dealer David Smith and his wife, Lynn. The 58-year-old accountant from Vestal was ordered to serve a year on probation and pay a fine of $5,000 fine when he was sentenced in U.S. District Court on Friday. In November, he admitted to one count of delivering and disclosing a false income tax return, after agreeing to testify in the ...

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