U.S. Department of Justice
Executive Office for United States Trustees
|
USTP Press Release
For Immediate Release
March 6, 1998
CHAPTER 7 DEBTOR SENTENCED FOR CONCEALING
$50,348 IN FUNDS FROM DIVORCE SETTLEMENT
Chapter 7 debtor Kathleen A. Roy of Allentown, Pa., was
sentenced February 20 after pleading guilty to concealing
from the bankruptcy trustee $50,348 in funds from her divorce
settlement.
District Judge Franklin S. Van Antwerpen of the Eastern
District of Pennsylvania sentenced Roy to four months incarceration,
four months home confinement, and three years supervised
release; the judge also ordered Roy to pay restitution of
$300 per month for the three years of her supervised release.
Roy was charged under 18 USC 152(1) with concealing $50,348
that she received, within 90 days pre-petition, as a settlement
in her divorce proceeding. Roy failed to disclose the existence
of the funds in her bankruptcy schedules. She further attempted
to conceal the funds from the bankruptcy trustee by stating
that she used most of them to pay a pre-existing debt to
her grandmother. The bankruptcy trustee interviewed the
grandmother, who denied that the debt existed or that she
had received the funds. Roy still has not satisfactorily
accounted for the funds.
The bankruptcy trustee referred the matter to the Philadelphia
office of the United States Trustee, which referred it to
Michael R. Stiles, United States Attorney for the Eastern
District of Pennsylvania, for prosecution.
The restitution will be paid to creditors listed on Roy's
bankruptcy schedules. Van Antwerpen determined that Roy
could not pay full restitution. Additionally, in light of
Roy's financial circumstances, the judge deemed it inappropriate
to impose a criminal fine.
Contact:
Public Information Officer
Executive Office for United States Trustees
(202) 305-7411
|
|