Word: secords
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...Walsh's results, through little fault of his own, are meager. He has spent some $18.5 million, and still employs 17 full-time attorneys and a staff of 51. Yet unlike Watergate, in which 25 individuals went to prison, no one, not even Iran-contra's private contractors Richard Secord and Albert Hakim and the celebrated Lieut. Colonel Oliver North, has served time. In many ways Watergate, a political burglary that mushroomed into a massive cover-up, was less serious than the deliberate defiance of a congressional law, signed by Reagan, and the undermining of a publicly proclaimed policy...
Less than a week before he was scheduled to face trial on felony charges relating to his activities in the Iran-contra scandal, Richard Secord copped a plea. The retired Air Force Major General admitted that he had lied to congressional investigators when he denied knowing that $13,800 from the Iran arms-sales deal went to pay for a security system at Oliver North's home...
...wanted to prevent further criticism of Colonel North and myself," he explained to a judge. "There had already been a fire storm in the press. I was trying to shield both of us." Though Secord won dismissal of eleven other counts lodged by independent counsel Lawrence Walsh in exchange for the plea bargain, he could be sentenced to a $250,000 fine and five years in prison...
INDICTED. Richard Secord, 56, former Air Force major general who was Oliver North's chief intermediary in selling weapons to Iran and diverting the profits to the contras; on nine counts of lying to and obstructing congressional investigating committees; in Washington. Each charge upon conviction carries a maximum sentence of five years' imprisonment and $250,000 in fines. Secord was convicted in a Virginia court of drunk driving. He was given a suspended 30-day jail sentence and ordered to pay a $200 fine...
...most clear-cut example was North's conviction for accepting an illegal gratuity -- a $13,800 home-security system -- from retired Air Force Major General Richard Secord, quartermaster of the Iranian arms sales. North admitted forging two letters in an attempt to prove that he had offered to pay for the system...