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Guilty Plea Entered in Bankruptcy Fraud Case

Submitted by ckanon@abi.org on
A man from Clintwood has pleaded guilty to committing bankruptcy fraud, CBS19 News reported. David Bryan “Pokey” Stanley was accused of concealing his ownership interest in a waste management company and did not properly report his employment and income from that business on a chapter 7 filing. Court documents show that in June 2020, Stanley filed for chapter 7 with the U.S Bankruptcy Court for the Western District of Virginia. At that time, he gave false testimony under oath that he was unemployed and had no income. However, prosecutors say that at the time of his filing for bankruptcy, Stanley knew had an ownership interest in and received income from a roll-off waste container business he had established in 2016. That business is Interstate Waste Management, LLC. Stanley faces up to five years in prison when he is sentenced in June.
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