Man admits hiding settlement in bankruptcy case


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Posted Online: Dec. 11, 2012, 8:51 am
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BENTON, Ill. (AP) A southern Illinois man admits he illegally kept a bankruptcy trustee from knowing he was to get more than $10,000 from a train derailment settlement.

David Woodside of Tamaroa pleaded guilty Friday to one count of fraudulently concealing assets from a U.S. trustee in his 2009 bankruptcy case.

Prosecutors say Woodside was seeking relief from more than $49,000 he owed to creditors when he repeatedly failed to disclose he was to get the settlement from a class-action lawsuit.

That payout was related to a 2003 train derailment in the center of his town of about 1,000 people about 65 miles southeast of St. Louis. No one was injured.

Woodside is to be sentenced April 12.














 



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  Today is Tuesday, July 29, the 210th day of 2014. There are 155 days left in the year.

1864 -- 150 years ago: Col. H.F. Sickless informs us that there will be new organization of troops in this state under the call for more men.
1889 -- 125 years ago: James Normoyle arrived home after graduating from West Point with honors in the class of 1889. He was to report to Fort Brady, Mich., as second lieutenant in the 23rd Infantry.
1914 -- 100 years ago: Austria Hungary declared war on Serbia. Germany and Austria refused an invitation of Sir Edward Grey to join Great Britain at a mediation conference.
1939 -- 75 years ago: Dr. William Mayo, the last of the three famous Mayo brother surgeons, died at the age of 78.
1964 -- 50 years ago: One of the biggest horse shows of the season was held yesterday at Hillandale Arena on Knoxville Road under the sponsorship of the Illowa Horsemen's Club.
1989 -- 25 years ago: Davenport is like a gigantic carnival this weekend with the Bix Arts Fest taking over 12 square blocks of the downtown area. A festive atmosphere prevailed Friday as thousands of people turned out to sample what the Arts Fest has to offer.








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