U.S. Attorney's Office for the District of Western Virginia issued the following announcement on March 8
An Abingdon man, who concealed bank accounts from a federal bankruptcy court during his Chapter 11 bankruptcy proceedings, pleaded guilty last week to one count of bankruptcy fraud.
Ronald Eugene Lefler, 67, of Abingdon, VA, is scheduled to be sentenced in May and faces up to five years in prison.
According to court documents, on September 20, 2015, Lefler filed for Chapter 11 bankruptcy in the Western District of Virginia and testified to the court that he had deposited all of his income into a debtor-in-possession bank account, a requirement under the bankruptcy proceedings.
Lefler admitted to making a false report to the bankruptcy court when, at the time of that testimony, he knew he had deposited large sums of money into his Eastman Credit Union business account and used that money to fund lifestyle expenses, including large withdrawals at the Harrah’s Cherokee Casino Resort in North Carolina.
U.S. Attorney Christopher R. Kavanaugh of the Western District of Virginia made the announcement.
Assistant U.S. Attorney Daniel J. Murphy is prosecuting the case.
Original source can be found here.
Alerts Sign-up