Kansas Real Estate Developer Acquitted of More Than 100 Counts of Ba...

A federal jury in Topeka acquitted local real estate developer Kent Lindemuth of 103 counts of bankruptcy fraud, one count of perjury and six counts of money laundering in one of the biggest bankruptcy fraud cases of the year.  The indictment was announced here.  The charges arose primarily from allegations that Lindemuth failed to disclose more than 100 firearms purchased during the pendency of his chapter 11 case.  Additional bankruptcy fraud counts alleged he failed to disclose the purchase of 2 Ford Mustangs, concealed a bank account, and gave false testimony at a meeting of creditors.