Attorney Charged with Conspiracy to Commit Money Laundering - Co-Conspirator Charged with Lying to Grand Jury
James L. Santelle, United States Attorney for the Eastern District of Wisconsin, announced today that the grand jury returned a two-count indictment charging attorney Walter W. Stern, III (65) of Kenosha, with conspiracy to commit money laundering in violation of Title 18, United States Code, Section 1956(h), and Norma Leonard-Allen (64), also of Kenosha, with lying to the grand jury in violation of Title 18, United States Code, Section 1623.
According to the indictment, Stern conspired with Leonard-Allen to engage in financial transactions that were designed to conceal and disguise a $95,000 marital settlement agreement that she failed to disclose in her 2005 bankruptcy. Leonard-Allen is charged with lying to the grand jury investigating the bankruptcy offenses. Leonard-Allen previously pleaded guilty to two counts of bankruptcy fraud in United States v. Leonard-Allen, Case No. 09-CR-190. The Federal Bureau of Investigation conducted both investigations.
An indictment is only a charging document and is not evidence of guilt. The defendants are presumed innocent and are entitled to a fair trial at which the United States must prove guilt beyond a reasonable doubt.
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