Illinois couple admits bankruptcy fraud


Share
Posted Online: Dec. 11, 2012, 8:51 am
Comment on this story | Print this story | Email this story

BENTON, Ill. (AP) A southeastern Illinois couple face up to five years in prison now that they've admitted fraudulently hiding a nearly $112,000 legal settlement from a bankruptcy trustee.

Thomas Grogan and Debra Grogan of Lawrenceville pleaded guilty Friday to fraudulently concealing assets from a U.S. trustee during their 2009 bankruptcy case.

Prosecutors say the couple filed for bankruptcy, seeking relief from their more than $24,000 in debts to various creditors.

But the couple admits they repeatedly failed to disclose that Thomas Grogan expected to get about $112,000 in a settlement from a class-action lawsuit involving the painkiller Vioxx.

The Grogans also face up to a $250,000 fine when sentenced April 12.














 



Local events heading








  Today is Monday, July 28, the 209th day of 2014. There are 156 days left in the year.

1864 -- 150 years ago: Port Byron passengers and mails will be transported by the Sterling and Rock Island railroad.
1889 -- 125 years ago: The congregation of the First Methodist church worshiped in Harper's theater, where construction work is being done at the church site.
1914 -- 100 years ago: Three-eye baseball for Moline was assured the Danville Franchise will be transferred to the Plow city.
1939 -- 75 years ago: Roseville Methodist Church is observing its 100th anniversary.
1964 -- 50 years ago: The last remaining unfinished portion of Interstate 80 between the Quad-Cities and Joliet will be opened to traffic by Aug 12.
1989 -- 25 years ago: Of all the highlights of the last 12 years, this is the greatest of all, said Dennis Hitchcock, producer director of Circa '21 Dinner Playhouse, as he torched the mortgage, clearing a $220,000 loan financing the downtown Rock Island theater's beginnings in 1977.




(More History)