A Macon, Georgia doctor was indicted earlier this month on multiple bankruptcy
fraud counts. Dr. George Robert Vito, a former podiatrist who practiced
in the Macon area, was indicted on 4 counts of bankruptcy fraud that included
making false statements in court and falsifying documents pertaining to
When Vito filed
Chapter 7 bankruptcy protection it was alleged he made false statements while under oath. He
allegedly left out information pertaining to financial affairs such as
multiple corporation ownerships, control and financial interests. Another
bankruptcy fraud count stems from him filing an amendment to his statement
of financial affairs schedule; he purposely left out certain parts of
information about his income, assets, jewelry, corporations, furniture
and other property.
Other alleged bankruptcy counts pertaining to Vito's case includes
making a false oath regarding his bankruptcy petition and supporting documents.
He knowingly and fraudulently provided this information claiming it was
true and correct when it was not. Further bankruptcy fraud charges are
in part from the creditors meeting, in which he provided false testimony
regarding details related to his bankruptcy petition.
Vito is scheduled to reappear in court regarding the
bankruptcy accusations at a later date. If convicted, he faces a $250,000 fine along
with a mandatory $100 assessment fee. For each bankruptcy fraud count,
Vito faces the maximum penalty of up to five years in prison. The Federal
Bureau of Investigation (FBI) and the United States Bankruptcy Trustee
also assisted in investigation efforts.