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Wyoming Couple Indicted on Bankruptcy Fraud Charges

Submitted by jhartgen@abi.org on

A federal grand jury on Monday indicted a Casper, Wyo., couple on charges of bankruptcy fraud, the Casper Star Tribune reported today. The IRS alleged James Edward Knight II and Ashley Elizabeth Knight lied on an application for chapter 7 bankruptcy in an attempt to avoid paying back taxes, at least some of which were related to the couple’s failed business, Ikon Welding. The IRS said that although the two claimed in bankruptcy court in September 2015 that they owned no businesses and had no bank accounts, Ashley Knight had used a bank account for a company called Superior Fabrication in late 2014. James Knight claimed ownership of Superior Fabrication on a job application in March 2015, IRS investigators said.