News and Press Releases

Tamaroa Man Pleads Guilty to Bankruptcy Fraud

FOR IMMEDIATE RELEASE
December 10, 2012

David E. Woodside, 37, of Tamaroa, Illinois, pled guilty Friday in United States District Court in Benton to a one count information charging him with fraudulently concealing assets from the United States Trustee during the pendency of his 2009 bankruptcy case in the United States Bankruptcy Court, announced Stephen R. Wigginton, United States Attorney for the Southern District of Illinois. The information alleged that Woodside, who had filed a bankruptcy petition in which he was seeking to discharge $49,446.00 in debts he owed to various creditors, repeatedly failed to disclose on his petition or to the Trustee that he expected to receive a settlement of $10,667.18 from a class action lawsuit. Woodside was a class member related to a 2003 train derailment near his residence in Tamaroa.

Woodside faces up to 5 years imprisonment, a $250,000 fine, and a term of supervised to follow his incarceration of up to 3 years. Sentencing was set for April 12, 2013, at the United States District Courthouse in Benton.

The case was investigated by the Federal Bureau of Investigation with the assistance of the Office of the United States Trustee.

The case is being prosecuted by Assistant United States Attorney James M. Cutchin.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Return to Top

USAO Homepage
USAO Briefing Room
Stay Connected: Visit us on Twitter
Victim Witness

Click here for information in multiple victim cases.

Project Safe Neighborhoods

Our nation-wide commitment to reducing gun crime in America.

Law Enforcement Coordinating Committee

Training and seminars for Federal, State, and Local Law Enforcement Agencies.

Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.