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Former attorney gets probation, fine in Ramapo bond fraud casePosted: Updated:
The former Ramapo town assistant attorney and head of the Ramapo Local Development Corporation has avoided jail time for his role in the town’s bond fraud case.
Aaron Troodler faced a judge at the Federal Court in White Plains this morning and received 18 months’ probation and a $20,000 fine.
Troodler pleaded guilty to helping former Ramapo Town Supervisor Christopher St. Lawrence defraud investors to help finance a baseball stadium in Pomona. He testified against St. Lawrence , helping to send him to prison.
The indictment against him and St. Lawrence alleged that they cooked the town's books to make it look as if Ramapo's town finances were better than they really were. Troodler said that he knew he was breaking the law, but that he was following the directions of St. Lawrence.
Troodler and St. Lawrence had been charged with security fraud, wire fraud and conspiracy in connection to the sale of municipal bonds used to finance the construction of the stadium. Troodler pleaded guilty to two counts, security fraud and conspiracy to commit wire fraud and security fraud.