Tustin Man Gets Year on Tax Charges

RIVERSIDE —  A Tustin man who pleaded guilty to bank fraud and filing false income tax returns has been sentenced to a year and a day in federal prison followed by three years of probation.

Richard H. Bond, 59, owner of Boundless Enterprises Inc., which operates as Coast Landscape, also was ordered to pay more than $100,000 in back taxes, plus interest, penalties and a $250 fine.

Bond had pleaded guilty last October to understating his personal income for 1990 and his corporate income for 1991 by roughly $300,000 and overstating his and his company’s income by $100,000 to $200,000 on loan applications at American Savings Bank in Irvine and Dana Niguel Bank in Dana Point. Bond was sentenced recently by U.S. District Judge Robert J. Timlin in Riverside.