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Arkansas Developer Could Face 40 Years Imprisonment for Bankruptcy Fraud

Brandon Barber recently pled guilty to several charges including money laundering and bankruptcy fraud. He reportedly changed his plea to guilty from not guilty when appearing in court this week for a hearing. While other people were involved in what investigators are calling a real estate scheme, Barber plead guilty to one count of bankruptcy [...]

By |2018-11-09T18:27:49+00:00August 13th, 2013|Bankruptcy Fraud|Comments Off on Arkansas Developer Could Face 40 Years Imprisonment for Bankruptcy Fraud

California Business Man Convicted of 15 Counts of Bankruptcy Fraud

A California business man and an attorney were recently convicted in a multimillion dollar bankruptcy fraud and money laundering scheme that carried on for a number of years. Steven Zinnel, 49, of Gold River and attorney Derian Eidson, 49, of Yorba Linda, will both be sentenced later this year their roles in the scheme that [...]

By |2018-11-14T16:44:27+00:00July 26th, 2013|Bankruptcy Fraud|Comments Off on California Business Man Convicted of 15 Counts of Bankruptcy Fraud

Michigan Man Could Face 20 Years in Prison as He Admits Hiding Assets in Bankruptcy

A Michigan man may face more than 20 years in federal prison after pleading guilty recently to charges related to money laundering and bankruptcy fraud. Adrian Hassan Tageddine, 42, of Dearborn Heights, admitted to authorities he hid assets including cash and luxury vehicles when he filed for bankruptcy in 1999. Internal Revenue Service (IRS) agents [...]

By |2018-11-12T22:39:05+00:00May 17th, 2013|Bankruptcy Fraud|Comments Off on Michigan Man Could Face 20 Years in Prison as He Admits Hiding Assets in Bankruptcy

False Bankruptcy Filings Used by Hundreds of Drivers to Avoid Impound Fees

Chicago area drivers who tried to avoid paying impound fees for their vehicles allegedly participated in a bazaar scheme that included filing false bankruptcy petitions. Local and state investigators found a significant number of "pro-se" bankruptcy filings (individuals who filed without an attorney) after the U.S. Trustee's Office identified over 1,000 filings were completed. Most [...]

By |2018-11-16T22:52:44+00:00May 13th, 2013|Bankruptcy Fraud|Comments Off on False Bankruptcy Filings Used by Hundreds of Drivers to Avoid Impound Fees

Idaho Man Who Concealed Asset Sentenced for Bankruptcy Fraud

Christopher Brandon Craner, 32, of Buhl, Idaho was sentenced to two years' probation for concealing an asset in his bankruptcy case, which included personal interest from a boat. Part of Craner's sentence includes a two month home detention with a $400 fine. His sentence comes after being charged with bankruptcy fraud-asset concealment. Craner filed for [...]

By |2018-11-16T23:02:08+00:00May 6th, 2013|Bankruptcy Fraud|Comments Off on Idaho Man Who Concealed Asset Sentenced for Bankruptcy Fraud

Illinois Man Sentenced to Probation for Bankruptcy Fraud

A Tamaroa, Illinois man was recently sentenced to three years' probation for concealing assets when he filed bankruptcy in 2009. David E. Woodside, 37, pled guilty to the charge after he waived an indictment by a federal jury back in December 2012. The United States Attorney who worked on the case, Stephen R. Wigginton, says [...]

By |2018-11-14T17:28:10+00:00May 2nd, 2013|Bankruptcy Fraud|Comments Off on Illinois Man Sentenced to Probation for Bankruptcy Fraud

3 Simple Ways to Avoid Bankruptcy Fraud

If you're getting ready to file for bankruptcy, you can save yourself from sabotaging your case by being honest.  Bankruptcy fraud is a serious federal offense with over 100,000 people committing the crime each year.  According to the Internal Revenue Service (IRS), this translates to nearly 10 percent of bankruptcy filings done annually, having some [...]

By |2018-11-14T19:54:32+00:00March 14th, 2013|Bankruptcy Fraud|Comments Off on 3 Simple Ways to Avoid Bankruptcy Fraud

Investment Advisor Pleads Guilty to Defrauding Investors and Committing Bankruptcy Fraud

Former investment advisor Joseph Randall Medcalf, 56, of Fresno, CA pled guilty this week to three counts of mail fraud and one count of bankruptcy fraud.  The counts stem from an investment scheme Medcalf ran for several years defrauding investors out of millions through offered investment "opportunities." When Medcalf pled guilty he admitted he carried [...]

By |2018-11-16T22:40:29+00:00March 7th, 2013|Bankruptcy Fraud|Comments Off on Investment Advisor Pleads Guilty to Defrauding Investors and Committing Bankruptcy Fraud

What Happens When a Bankruptcy Trustee Suspects Fraud?

When a Bankruptcy Trustee Suspects Fraud Bankruptcy fraud is a serious offense that could carry a hefty fine and years of imprisonment. Because the bankruptcy code is intertwined with federal regulations any fraud committed is considered a serious matter.  A bankruptcy trustee who suspects fraud is obligated to bring the matter before the court, but with sufficient [...]

By |2017-12-13T01:57:37+00:00October 22nd, 2012|Bankruptcy Fraud|Comments Off on What Happens When a Bankruptcy Trustee Suspects Fraud?

Maryland Minister Sentenced 2 Years in Prison for Bankruptcy Obstruction

Maryland pastor and televangelist Robert J. Freeman, 56, was sentenced to 27 months in prison for obstructing bankruptcy court proceedings.  The pastor, also known as "Dr. Shine," was known for living a luxurious lifestyle that included owning expensive vehicles and a mansion valued over $1 million.  Funds were used from his church along with fraudulently [...]

By |2018-11-12T22:50:08+00:00August 1st, 2012|Bankruptcy Fraud|Comments Off on Maryland Minister Sentenced 2 Years in Prison for Bankruptcy Obstruction