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SECORD GETS TWO YEARS' PROBATION

Iran-contra arms middleman Richard Secord was sentenced today to two years of probation for falsely telling congressional investigators he was unaware any money in the affair had benefited Oliver L. North.

Secord, who paid for North's $13,800 home security system from proceeds of the Iran-contra affair, told a federal judge he would regret the statement "for the rest of my life."

Secord could have faced up to five years in prison and a $250,000 fine, but U.S. District Court Judge Aubrey Robinson said it was his judgment that there has already "been punishment in this case."

A retired Air Force major general, Secord was enlisted by then-White House aide North to airlift weapons and other supplies to the Nicaraguan rebels and assist the Reagan administration's secret arms shipments to Iran.

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