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Justice News

Department of Justice
U.S. Attorney’s Office
Middle District of Pennsylvania

FOR IMMEDIATE RELEASE
Friday, August 16, 2019

Osceola Mills Man Charged With Concealing Over $380,000 In Cash From The Bankruptcy Trustee And Creditors

WILLIAMSPORT-  The United States Attorney’s Office for the Middle District of Pennsylvania announced that Andrew Lee Coleman, age 65, of Osceola Mills, Pennsylvania, was charged in a criminal information on August 13, 2019, for concealment of assets and false statements in bankruptcy proceedings.

According to United States Attorney David J. Freed, the indictment alleges that Coleman concealed over $380,000 in cash and a 1968 Camaro SS in connection with a bankruptcy action that he filed.  He is charged with concealing the assets in monthly reports and other statements filed with the trustee responsible for the debtor's property and from the creditors and the United States Trustee.

The criminal information also charges Coleman with one count of concealment of bankruptcy assets and 11 counts of making false declarations in connection with the bankruptcy action.       

The case was investigated by the Federal Bureau of Investigation and the Office of the United States Trustee for the Middle District of Pennsylvania.  Assistant U.S. Attorney George J. Rocktashel is prosecuting the case.

Criminal Informations are only allegations. All persons charged are presumed to be innocent unless and until found guilty in court.

A sentence following a finding of guilt is imposed by the Judge after consideration of the applicable federal sentencing statutes and the Federal Sentencing Guidelines.

The maximum penalty under federal law for this offense is five years of imprisonment, a term of supervised release following imprisonment, and a fine. Under the Federal Sentencing Guidelines, the Judge is also required to consider and weigh a number of factors, including the nature, circumstances and seriousness of the offense; the history and characteristics of the defendant; and the need to punish the defendant, protect the public and provide for the defendant's educational, vocational and medical needs. For these reasons, the statutory maximum penalty for the offense is not an accurate indicator of the potential sentence for a specific defendant.

 

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Topic(s): 
Financial Fraud
Updated August 16, 2019