California Man Confessed to Organizing Bankruptcy Fraud Scheme.
Tap to Call - (877) 250-8242

California man convicted of organizing bankruptcy scam

By May 13, 2011

Share this article

SHARE

A man who confessed to bankruptcy fraud was sentenced to two years in prison.

A man who confessed to conducting a bankruptcy fraud business has been sentenced to more than two years in prison.

A California man has been sentenced to more than two years in prison after pleading guilty to federal bankruptcy fraud charges in February, according to the Sacramento Business Journal.

Charles Jamison, a 30-year-old man from Citrus Heights, was arrested after pushing a plan called "Stop Now" to unknowing customers, which supposedly used bankruptcy to delay foreclosures pending on their homes. The newspaper reported that court documents say Jamison used a fake identity during his business dealings, and falsely promised homeowners that he could help them suspend a trustee sale and save their homes for a fee.

The source said Jamison was investigated by the Federal Bureau of Investigation before being apprehended by authorities.

Bankruptcy fraud is a serious crime that is a key area of focus for the Internal Revenue Service, according to the agency's website. The IRS reports that those convicted of bankruptcy fraud during fiscal year 2010 were sentenced to an average of 31 months in prison.


Back to Newspaper Home


Tap to Call - (877) 250-8242

Disclaimer: The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or should be formed by use of the site. The attorney listings on the site are paid attorney advertisements. Your access of/to and use of this site is subject to additional Supplemental Terms.