News Topic: BankruptcyFraudResourceCenter

According to this Wisconsin State Journal article, Ismail Beciri was charged in the Western District of Wisconsin with four counts of structuring financial transactions to avoid federal reporting requirements after a federal agents searched his home for ... Read full article

According to this news report , Calisto Tanzi, the founder of Italian food manufacturer Parmalat was sentenced earlier this month in Milan to serve ten years in prison for his criminal role in the firm's well-publicized collapse.  Tanzi was convicted ... Read full article

William H. Spencer and Paul Boghosian were convicted on numerous federal charges relating to their fraudulent conduct in proposing a reorganization plan in the 2003 Hawaiian Airlines bankruptcy case.  Spencer was convicted following a two-week jury trial ... Read full article

Does a false declaration made knowingly and fraudulenly in a bankruptcy case need to be "material" to constitute a bankruptcy crime?  The statute prohibiting such statements (18 U.S.C. ... Read full article

According to this AP story, Italian financial police have said that they have arrested fashion designer Gai Mattiolo on charges of fraudulent bankruptcy in Rome.  The charges relate to Mattiolo's allegedly siphoning funds from his fashion house ... Read full article

In a previous post ( here ) we commented that the Judicial Conference of the United States had certified to the House of Representatives that impeachment proceedings may be warranted against U.S. District Judge G. Thomas Porteus (E.D. ... Read full article

Updating a case we reported on earlier ( here ) Moty Rosenkrantz a/k/a Michael Rosenkrantz, the owner of B&W Motor Cars, pled guilty to structuring banking transactions to avoid reporting requirements and making a false oath in a bankruptcy case.  The ... Read full article

According to this news report, Juan Tenorio and Charlene Tenorio each were sentenced to terms of probation after a jury in the District of Guam convicted them of concealing nearly $75,000 in income from their engineering firm during their 2002 bankruptcy ... Read full article

Now that debtors must produce copies of their tax returns in bankruptcy cases as part of the bankruptcy laws' already numerous disclosure requirements it was only a matter of time before we began to see some criminal cases built on debtors' ... Read full article

Anthony Dehaney, whose conviction in a multi-million dollar mortgage fraud scheme we previously reported on here , was sentenced today in the Southern District of Florida to eight years in prison.  Dehaney pleaded guilty to conspiracy, mail fraud and ... Read full article

Eunice Roper-Allen, of the Allen Funeral Home, who was indicted last month in the Central District of Illinois, has entered a not guilty plea to charges that she concealed assets in her bankruptcy case and defrauded a funeral home client by falsifying a ... Read full article

Tammy Beecher and Wyatt Beecher, a Pennsylvania couple, were each sentenced to fifteen days in prison by U.S. Magistrate Judge J. Andrew Smyser in the Middle District of Pennsylvania for contempt of court for untruthful conduct in their joint bankruptcy ... Read full article

The trial of Louis Rivas on a multitude of bankruptcy and non-bankruptcy criminal charges arising from the collapse of his foreign curency exchange firm, The Forex Project (discussed in this post ), has been re-scheduled to July 20, 2009. ... Read full article

Sonia Alburez was charged last week with four counts of bankruptcy fraud for allegedly filing fraudulent bankruptcy petitions in the Northern District of California.  ... Read full article

The Deloitte Forensic Center and its Reorganization Services Group has produced the findings of a report that studied the correlation between bankruptcy and fraud.  The primary question examined was whether the increased scrutiny that follows a ... Read full article

As expected, Joey Diekemper has reached a plea agreement with the government and pleaded guilty to conspiracy to commit bankruptcy fraud in Illinois bankruptcy fraud case with ties to a double homocide of two potential witnesses.  Diekemper entered a ... Read full article