I agree with Brookie: the second one is better. It not only sounds fluent, but it sounds more sophisticated. One might hear a sentence like this is a courtroom. (are you watching police shows?)
For the second I also agree with Brookie that removing "away" helps the sentence. However, I'd like to suggest that these sentences written will be very different when spoken.
If I were to say the second one, I'd stress "don't" and 'reflect" and "the truth" somewhat equally, pausing slightly before don't, then before reflect, then before the truth. A lawyer would do this so that the jury remembers "don't reflect the truth."
Now the first one can also be very interesting when spoken. If I were to say it, I'd say it like this: "these allegations [slight pause] are faaaaaaaaaaaar awaaaaaaaaaay [slight pause] from the truth. Also dramatic.
However, written: the second sentence is the stronger of the two.
Hope this was interesting and helpful.