Stephen Martin Beddow - Page 10




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               Viewing the record as a whole, we are satisfied respondent             
          has met his burden of proving fraud in 1986 and 1987, and we                
          sustain respondent's determination.                                         
               To reflect the foregoing,                                              


                                             An appropriate order will                
                                        be issued, and decision will be               
                                        entered for respondent.                       

































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