Bankruptcy Debtor Charged with Fraud
BOISE – Christopher Brandon Craner, 32, of Buhl, Idaho was indicted yesterday by a federal grand jury in Boise on two counts of bankruptcy fraud, U.S. Attorney Wendy J. Olson announced.
Count one of the indictment alleges that on March 24, 2009, Craner concealed assets valued at $22,500. Count two alleges that he made a false oath in matters related to a bankruptcy proceeding. The government is seeking forfeiture of the proceeds derived from the alleged scheme to defraud.
The charge of Bankruptcy Fraud–Asset Concealment and Bankruptcy Fraud–False Oath are each punishable by up to five years in prison, a maximum fine of $250,000, and up to three years of supervised release.
This case was investigated by the Office of the United States Trustee.
An indictment is a means of charging a person with criminal activity. It is not evidence. The person is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
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