ABINGDON, Va. (AP) — The U.S. Department of Justice says a Virginia man who hid his ownership interest in a waste management company and didn’t report his employment and income from that business on a bankruptcy filing has pleaded guilty to bankruptcy fraud.
The U.S. Attorney’s Office for the Western District of Virginia says in a news release that David Bryan Stanley of Clintwood pleaded guilty Wednesday.
According to court documents, Stanley filed for Chapter 7 bankruptcy after testifying he was unemployed and had no income. Prosecutors say Stanley knew he had an ownership interest in and received income from a roll-off waste container business he established in 2016.
Stanley faces a maximum of five years in prison at sentencing in June.