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Bankruptcy Fraud

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CALIFORNIA | LOCAL
March 1, 1996 | PAUL ELIAS
A federal grand jury indicted a Thousand Oaks woman Thursday along with 34 Southern California residents snared in a nationwide bankruptcy fraud sweep dubbed Operation Total Disclosure, the U.S. attorney announced. Joy Fiumerodo, 47, is charged with making a false statement in a bankruptcy filing by using a false Social Security number and a false address, officials said. The indictment alleges that Fiumerodo claimed to live in Tarzana and used a bogus Social Security number.
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SPORTS
April 3, 2014 | By Houston Mitchell
Former baseball All-Star Lenny Dykstra has sued Los Angeles County and its sheriff's office, alleging “abusive violence” from Sheriff's Department employees. According to the suit, filed Wednesday, the abuse occurred in April 2012, while Dykstra was in jail for grand theft auto and providing a false financial statement. Dykstra alleges that his head was slammed against a wall, knocking out several teeth. He was then allegedly beaten by sheriff's employees until he was “barely breathing.
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CALIFORNIA | LOCAL
July 14, 1989 | JAMES BATES, Times Staff Writer
An international businessman who allegedly sold videotape manufacturing equipment and magnetic tape for nearly $16 million to China while concealing the deal from his creditors and a U.S. Bankruptcy Court judge was indicted Thursday by a federal grand jury.
CALIFORNIA | LOCAL
April 3, 2014 | By Cindy Chang
Former baseball star Lenny Dykstra has filed a lawsuit against Los Angeles County sheriff's deputies, alleging they beat him and covered up the incident.  Since his retirement from baseball, Dykstra has served prison time for auto theft , bankruptcy fraud and exposing himself to women . The lawsuit accuses six deputies of punching and kicking Dykstra and slamming his head against the wall in his cell at Men's Central Jail on...
CALIFORNIA | LOCAL
June 28, 2012 | By Richard Winton, Los Angeles Times
Former New York Mets star and self-styled financial guru Lenny Dykstra, already sentenced to three years in state prison for a car scam, has agreed to a plea deal on federal bankruptcy fraud charges after allegedly  looting his mansion of valuables as he struggled to battle numerous creditors. Dykstra, who helped the New York Mets win the 1986 World Series and later became a celebrity stock picker before his finances dissolved in chaos in 2009, has racked up a score of charges in recent years.
CALIFORNIA | LOCAL
December 3, 2012 | By Richard Winton and Andrew Blankstein, Los Angeles Times
Already serving a three-year state prison sentence for auto theft, former New York Mets star Lenny Dykstra was sentenced to an additional 61/2 months on Monday for federal bankruptcy fraud. Dykstra, who helped the Mets win the 1986 World Series, had pleaded guilty to looting his mansion of valuables before creditors could liquidate them. The defendant, who reportedly scuffled with Los Angeles County sheriff's deputies in April, has racked up numerous criminal charges since his financial empire began to crumble in 2009.
CALIFORNIA | LOCAL
September 25, 2001 | From Times Staff Reports
Randy Jackson, a member of the singing Jackson family, pleaded guilty Monday to bankruptcy fraud by failing to list a $21,000 sport utility vehicle in a 1996 bankruptcy filing. Asked to list all of his "automobiles, trucks, trailers and other vehicles," the 39-year-old Jackson admitted ownership of a 1989 LaForza, but failed to mention a 1995 Chevrolet Suburban.
CALIFORNIA | LOCAL
November 19, 1994 | IRA E. STOLL
A Somis accountant who prosecutors said leased two Maseratis, a Jaguar convertible and a Lincoln Town Car just months before filing for bankruptcy was convicted this week on nine counts of bankruptcy fraud and tax evasion. Special Assistant U.S. Atty. Steven Jay Katzman said Wednesday that Robert P. Dubin, 52, was convicted of failing to report more than $1 million he had allegedly embezzled from a client, Arrow Highway Steel, on his income tax returns.
ENTERTAINMENT
March 4, 2014 | By Nardine Saad
Teresa and Joe Giudice of "Real Housewives of New Jersey" fame pleaded guilty to federal fraud in U.S. District Court on Tuesday.  The stars of the lavish Bravo reality series reportedly took a plea deal and admitted to conspiracy to commit mail and wire fraud and three types of bankruptcy fraud, according to the Associated Press. They both face time in prison. Joe Giudice, whose real name is Giuseppe, also pleaded guilty to failing to file a tax return for 2004. The Italian citizen also admitted to not filing taxes on income of about $1 million between 2004 and 2008.
NATIONAL
March 4, 2014 | By Michael Muskal
Two stars of the reality television show “Real Housewives of New Jersey” face the reality of prison after pleading guilty on Tuesday to federal charges of committing a long-running financial fraud. Teresa and Giuseppe “Joe” Giudice entered their guilty pleas before U.S. District Judge Esther Salas in Newark, according to the U.S. attorney's office. Joe Giudice faces 37 to 46 months in prison while Teresa faces 21 to 27 months, though the defense is asking for probation for the actress.
BUSINESS
February 5, 2014 | By Stuart Pfeifer
FBI agents arrested the owners of a now-closed Southern California real estate investment firm on an indictment accusing them of using the business to run a Ponzi scheme that cost victims more than $110 million. John Packard, 63, of Long Beach and Michael Stewart, 66, of Phoenix were indicted on 11 counts of mail fraud, three counts of bank fraud and two counts of bankruptcy fraud. Both men were arrested Wednesday "without incident," the U.S. attorney's office in Los Angeles said.
BUSINESS
February 5, 2014 | By Stuart Pfeifer
FBI agents arrested the owners of a now-closed Southern California real estate investment firm for allegedly using the business to run a Ponzi scheme in which victims lost more than $110 million. John Packard, 63, of Long Beach and Michael Stewart, 66, of Phoenix were indicted in January by a federal grand jury on 11 counts of mail fraud, three counts of bank fraud and two counts of bankruptcy fraud. They are accused of using new investor money to make payments to early investors, while pulling out millions of dollars for themselves, as their company, Pacific Property Assets, headed to bankruptcy.
CALIFORNIA | LOCAL
March 26, 2013 | By Phil Willon, Los Angeles Times
The former lead developer of the oft-plagued San Bernardino International Airport was indicted for allegedly hatching a conspiracy to siphon $1.75 million from the public airport authority, prosecutors said Monday. Developer Scot Spencer and one of his alleged investors, Felice G. Luciano, falsified the lease of an aircraft to the Democratic National Committee in the plot to collect the money, according to an indictment. Spencer, 48, was arrested in Boca Raton, Fla., on Friday, and the San Bernardino County district attorney's office is seeking his extradition to California.
CALIFORNIA | LOCAL
March 25, 2013 | By Phil Willon
The San Bernardino County district attorney announced Monday that criminal charges have been filed related to an ongoing corruption investigation at the troubled San Bernardino International Airport. Details of the charges, and who was arrested, will not be released until late Monday morning. In September 2011, the FBI raided the San Bernardino International Airport Authority and Inland Valley Development Agency in San Bernardino, agencies accused of rampant mismanagement and questionable financial oversight in a recent county grand jury investigation.
BUSINESS
February 22, 2013 | By Alejandro Lazo
Federal prosecutors have accused a Northern California man of running a foreclosure rescue scheme in which he exploited bankruptcy laws to delay home seizures by lenders. Authorities have grown increasingly concerned about schemes aimed at homeowners in foreclosure because, they say, these types of scams can prevent borrowers from getting legitimate assistance with their foreclosures. A federal grand jury indicted Walter Bruce Harrell of Montara -- roughly 20 miles south of downtown San Francisco -- on charges of bankruptcy fraud and two counts of making false statements in bankruptcy court.
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