CONCORD, N.H. – Joseph Broady, also known as Joseph Brodie, 68, of Merrimack, pled
guilty in federal district court to bankruptcy fraud, announced United States Attorney John P.
Kacavas.

On April 28, 2005, in the United States Bankruptcy Court for the District of New
Hampshire, Broady filed a voluntary petition under Chapter 7 of the Bankruptcy Code, seeking to
discharge approximately $335,000 in debt. Broady declared, under the penalty of perjury, that all of
the information he supplied in his bankruptcy petition was true and correct. However, Broady had
used two different spellings of his last name, Broady and Brodie, and he obtained two New
Hampshire driver's licenses, at different times, each using a different spelling of his last name.
Additionally, Broady obtained two different social security numbers, each using a different spelling
of his last name.

During his plea hearing, Broady admitted that when he filed for bankruptcy, he only
reported one of the names and social security numbers despite the requirement that he report all
names and social security numbers he had used. He also admitted that, although the petition
required him to disclose any businesses in which he had been an officer within the last six years, he
withheld information concerning a business of which he had been president.

Broady is scheduled to be sentenced on April 4, 2011. He faces a maximum prison sentence
of five years and up to a $250,000 fine.

The investigation was conducted by the FBI with assistance from the United States
Department of Justice, Office of U. S. Trustee. This case was prosecuted by Assistant U.S.
Attorney Arnold H. Huftalen.

 

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