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Feds question fraudster’s post-plea money handling

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SAN FRANCISCO — Federal prosecutors have recommended a stiffer sentence for confessed East Wenatchee securities swindler Jasper “Jay” Knabb, saying he’s “been evasive about the fluidity between his and his current wife Laura Valaas’s finances.” Since striking his plea agreement, in which prosecutors agreed to recommend a sentence of 78 months in prison, Knabb’s been accused of dodging payment for electrical work performed for his wife’s ski-accessories business, and of auctioning high-dollar material goods through an eBay under Valaas’s name.

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