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Virginia Man Pleads Guilty to Bankruptcy Fraud

Submitted by ckanon@abi.org on
The U.S. Department of Justice says a Virginia man who hid his ownership interest in a waste management company and didn’t report his employment and income from that business on a bankruptcy filing has pleaded guilty to bankruptcy fraud, the Associated Press reported. The U.S. Attorney’s Office for the Western District of Virginia says in a news release that David Bryan Stanley of Clintwood pleaded guilty. According to court documents, Stanley filed for chapter 7 after testifying he was unemployed and had no income. Prosecutors say Stanley knew he had an ownership interest in and received income from a roll-off waste container business he established in 2016. Stanley faces a maximum of five years in prison at sentencing in June.
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