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Iowa: Convicted exec owes $14.1M in taxes, fines

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IOWA CITY, Iowa (AP) — Russ Wasendorf Sr. duped customers, regulators and his colleagues as he pulled off a 20-year, $100 million fraud at his Iowa-based brokerage. The state's tax collectors say he and his ex-wife also duped them, and that the former couple owes Iowa more than $14.1 million in unpaid taxes, interest and penalties. The Iowa Department of Revenue filed an assessment in November...

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