March 11, 2016Capture

Yet another case of Fraud in Bankruptcy.

Woman selling those counterfeit handbags while in Bankruptcy – apparently felt that the $700,000 she earned did not have to be disclosed.    Wrong!

Not only was she charged with trafficking in counterfeit merchandise and money laundering but also Bankruptcy Fraud.

While this “business” was operating in her home, the debtor filed for Chapter 7 bankruptcy and did not disclose the income from her high end designer handbag business.   The Debtor operated this business out of her home.

I cannot stress enough when you come to the Federal Government for debt relief, honesty is the only policy.