Wisconsin Man Will Serve Prison Sentence for Lying During Bankruptcy

The moral of the story is, tell the truth. One Wisconsin man was not only deep in debt, but in deep trouble due to his lies. According to the FBI,  Edward W. Fedosky, 56, Madison, Wis., was  sentenced Friday, May 27, by U.S. District Judge Barbara B. Crabb to six months in prison for lying under oath at a bankruptcy hearing.
Fedosky pleaded guilty to this charge on March 15, 2011. On October 3, 2006, Fedosky filed a Chapter 7 bankruptcy petition, seeking to discharge just under $19,000 owed to various creditors.

Throughout the next 17 months, Fedosky repeatedly failed to provide requested documents to
the bankruptcy court and failed to appear at a number of scheduled hearings. Finally, on  March 24, 2009, Fedosky appeared at a scheduled meetng and falsely testified under oath about the tax return that he provided to the bankruptcy trustee.

After the bankruptcy trustee found out Fedosky had lied, Fedosky’s bankruptcy case was closed in November 2008, without an order discharging debts and no monetary loss to the government.

Posted in Bankruptcy petition , Chapter 7 Bankruptcy