Developments

Real Estate Agent Sentenced to 6 Years Imprisonment in Scheme to Conceal Assets

01/07/20

Arvel "Ray" Henderson II, a real estate agent whose convictions we reported here, was sentenced today to six years of imprisonment and ordered to pay $37,589 in restitution for stealing public funds, concealing assets in his chapter 7 case, and bankruptcy fraud.  The sentence imposed will run concurrently to 30 month sentence previously imposed for money laundering.

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63 Year Old Debtor Sentenced to Probation for Lying About Ownership Interest in Oklahoma Property

12/31/19

Updating a case when wrote about here, Chief U.S. District Judge John E.

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Real Estate Agent Convicted of Concealing Accounts, Wire Transfers and Automobiles

11/23/19

Arvel "Ray" Henderson II, a real estate agent, was convicted this week of theft of public money, concealment of assets, and bankruptcy fraud in the Northern District of Ohio.  Henderson was registered as a Section 8 landlord with the Lucas County Metropolitan Housing Authority and received rents from the LCMHA in connection with certain properties.  He transferred one of the properties but continued to receive rents to which he was not entitled for three years, defrauding LCMHA of approximately $22,589.

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Florida Jury Convicts Defendant of Bankruptcy Fraud in Mortgage Rescue Scheme

06/28/19

Christopher Coburn was found guilty today of five counts of bankruptcy fraud and two counts of falsification of records in a bankruptcy proceeding arising from his involvement in a classic mortgage rescue scheme.  He faces a maximum penalty of 5 years’ imprisonment for each bankruptcy fraud count and up to 20 years in prison for each falsification of records count. His sentencing hearing has been scheduled for September 9, 2019.

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Attorney Michael Avennati Indicted on Charges of Filing False Operating Reports and Making a False Oath

04/11/19

A 36 count indictment filed today (April 10) charged high profile California attorney Michael Avennati with a host of charges related to bank fraud, tax fraud and bankruptcy fraud.  The indictment is available here.  According to the four bankruptcy fraud charges, Avennati, submitted, under penalty of perjury, monthly operating reports on behalf of a law firm Eagan Avennati a debtor and debtor in possession, that failed to report all of the firm’s accounts receivable

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Father and Daughter Convicted in Bankruptcy Fraud Scheme to Conceal Assets

09/27/18

A jury in the Northern District of California returned guilty verdicts against a father and daughter on several bankruptcy fraud related counts.

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Idaho Woman Sentenced to Probation for Concealing Inheritance in Bankruptcy Case

06/28/17

According to this press release, Rebecca Buell was sentenced today to three years probation and 150 hours of community service following a guilty plea to concealing assets in her chapter 7 bankruptcy case.  Buell failed to disclose to the trustee a $38,960.53 inheritance.  She was ordered to make restitution in that amount as part of the sentence.

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