Daniel Apostolopoulos and Soula Apostolopoulos, a married couple who once lived in Barrington Hills, Illinois, a northwest suburb of Chicago, were recently indicted by a federal grand jury in Rockford, Illinois, on separate counts of making false statements in a bankruptcy case.
According to eNewsParkForest
, the indictment alleges that Daniel and Soula each filed a Chapter 7 bankruptcy petition and “fraudulently failed to disclose financial interests”.
The indictment states that in October 2009, Mr. Apostolopoulos filed a Chapter 7 bankruptcy petition, and made false statements on a bankruptcy schedule and a Statement of Financial Affairs
, both of which were filed under penalty of perjury. The indictment alleged that he intentionally concealed his interest in a checking account, a Chicago restaurant and Wisconsin property. It is also alleged that Mr. Apostolopoulos did not disclose his relationships with his father-in-law and sister-in-law, to whom he had transferred a Volvo
and a Mercedes
automobile within two years of filing, as well as concealing his prior ownership in other financial accounts.
The indictment also alleges that in March 2010, Soula Apostolopoulos filed a Chapter 7 bankruptcy petition, and made false statements on her Statement of Financial Affairs
, filed under penalty of perjury. According to the indictment, Mrs. Apostolopoulos fraudulently concealed income she received from her interest in a Chicago restaurant that she had previously purchased with her husband, as well as her interest in Wisconsin property and in financial accounts during the year preceding the filing of her bankruptcy.
The news reports states, “Providing material false statements or documents under penalty of perjury in a bankruptcy case carries a maximum penalty of 5 years in prison, a fine of up to $250,000, or twice the gross gain or gross loss resulting from that offense, whichever is greater. The judge may also impose a sentence of probation of one to five years, and a term of supervised release of up to three years. If convicted, the Court must impose a reasonable sentence under the advisory United States Sentencing Guidelines.”
The indictment was announced by a United States Attorney for the Northern District of Illinois
and a Special Agent-in-Charge of the Chicago Office of Federal Bureau of Investigation
Bankruptcy fraud is a federal crime. The attorneys at Client First Bankruptcy
take their obligation seriously. Our attorneys approach each case with care and precision and we request relevant documentation to be able to protect its clients from allegations like these. Don’t go to less experienced or less careful attorneys who try to sell you on ‘fast relief’ or ‘speedy filings’. Haste often leads to bigger problems than those that caused the client to seek representation in the first place.
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attorneys are among the most knowledgeable consumer bankruptcy attorneys in the country, representing thousands of clients in consumer bankruptcy cases. Call us toll-free at 800-383-6004 Monday thru Friday from 8:30 a.m.-6:00 p.m. Central Time. You can also log onto our easy-to-navigate, interactive website at www.clientfirstbankruptcy.com
24/7 for timely and accurate information on filing your Chapter 7 or Chapter 13 bankruptcy.
The attorneys at Client First Bankruptcy
remind everyone that a criminal indictment contains only charges and is not evidence of guilt. Each defendant is presumed innocent and is entitled to a fair trial at which the government has the burden of proving guilt of each defendant beyond a reasonable doubt.