Federal prosecutors say a former upstate New York man has been sentenced to more than two years in prison and will be required to make restitution for bankruptcy fraud, the Associated Press reported today. Authorities say that Kennedy J. Hyde was convicted by a federal jury in April, found guilty of filing for bankruptcy protection in 2008 while concealing $50,000 from the court in an Ohio bank. Prosecutors also say that Hyde claimed in his bankruptcy petition to reside in Oneonta, N.Y., when he actually lived in Ohio. U.S. District Court Judge Norman Mordue sentenced Hyde to 27 months, with the court deferring the precise restitution amount until gathering more information.
