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June 02, 1995| Times Staff and Wire Reports

Kevin Maxwell Accused of Lying to Banks: British prosecutor Alan Suckling said the youngest son of Robert Maxwell repeatedly lied to creditors in 1991 in a desperate attempt to prevent the collapse of his father's corporate empire. Suckling, speaking on the second day of the criminal trial of Kevin Maxwell, his brother Ian, and Larry Trachtenberg and Robert Bunn, two former directors of several Robert Maxwell companies, said Robert and Kevin Maxwell, as a last resort, dishonestly used pension fund assets to try to plug the gap in the Maxwell empire's finances. The brothers, Trachtenberg and Bunn are charged with conspiring to defraud pensioners.

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