Illinois Lawyer Found Guilty of Bankruptcy Fraud

(Resource: iStock) Rockford, IL-(ENEWSPF)- An Illinois attorney whose follow provided bankruptcy law has been identified responsible of

(Resource: iStock)

Rockford, IL-(ENEWSPF)- An Illinois attorney whose follow provided bankruptcy law has been identified responsible of bankruptcy fraud costs adhering to a two-7 days jury trial in federal courtroom in Rockford. 

KEVIN O. JOHNSON, also acknowledged as “K.O. Johnson,” 55, of Sycamore, Unwell., was convicted Friday on four counts of individual bankruptcy fraud, just one count of making a bogus entry in a doc in a bankruptcy proceeding, one particular rely of withholding documents from the Individual bankruptcy Trustee, and one count of concealment of assets consisting of account receivables belonging to the personal bankruptcy estate.  The costs linked to Johnson’s Chapter 7 bankruptcy continuing initiated on Dec. 31, 2011.

Sentencing is established for Nov. 22, 2021, at 11:00 a.m.  Each and every cost carries a highest sentence of five years in federal jail and a wonderful of up to $250,000 or twice the gross acquire or gross decline ensuing from the offense, whichever is bigger.  The genuine sentence will be established by the U.S. District Court, guided by the U.S. sentencing guidelines.

The responsible verdict was introduced by John R. Lausch, Jr., United States Legal professional for the Northern District of Illinois and Emmerson Buie, Jr., Special Agent-in-Charge of the Chicago Field Business office of the FBI.  The govt is represented by Assistant U.S. Lawyers Matthew Schneider, Michael Like, and Michael Beckman.

This is a release from the United States Office of Justice.

About the Northern District of Illinois

Trials of corrupt former governors of Illinois, Chicago officers who rigged town employing, people today who supported overseas terrorism, worldwide drug smugglers, bosses of Chicago’s violent drug-trafficking street gangs, company executives who cheated community shareholders, and organized criminal offense bosses who have been dependable for infamous murders ― these are amid the modern, thriving prosecutions that distinguish the United States Attorney’s Business office for the Northern District of Illinois.

Whilst earning a name built above decades for battling organized criminal offense and aggressively prosecuting community corruption, the federal prosecutor’s business in Chicago continues to uphold that tradition, even as its best priorities now also include anti-terrorism, violent criminal offense affiliated with narcotics and avenue gangs, well being treatment fraud and cybercrime. And considerable initiatives are focused to supplying guidance and restitution to victims of crime.