Man Sentenced to 2 Years Probation for Hiding $18K from Bankruptcy Court

GoLocalProv News Team

Man Sentenced to 2 Years Probation for Hiding $18K from Bankruptcy Court

Man sentenced to 2 years probation for hiding $18K from bankruptcy court
Marcus Collier, 47, was sentenced to two years probation for concealing $18,000 when petitioning the U.S. Bankruptcy Court for Bankruptcy protection.

The first six months of the probation are to be served with electronic monitoring and an overnight curfew.

Collier was also ordered to perform 100 hours of community service and to pay a fine of $4,000.

GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST

The Investigation

At the time of his guilty plea on April 27, 2018, Collier admitted to the Court that on March 18, 2016, knowing he was facing a garnishment of $18,000 in savings by a creditor, he purposefully withdrew the cash from his bank account, and filed a bankruptcy petition, failing to disclose the existence of the $18,000 in cash and thereby concealing those assets.

Enjoy this post? Share it with others.