MADISON, Wis. (U.S. DEPARTMENT OF JUSTICE NEWS RELEASE) -- Cynthia Barlow, 55, Barron, Wis., is charged with concealing from creditors and the United States trustee property belonging to a bankruptcy estate of a debtor. The indictment alleges that in December 2008, she concealed $18,977 in U.S. currency.
The indictment also charges her with making a material false declaration in a bankruptcy proceeding, by stating that she had only $100 cash on hand, and fraudulently omitting a $12,000 transfer of U.S. currency to relatives and a $3,650 payment to a creditor. She is also charged with falsely testifying under oath in a bankruptcy proceeding on February 3, 2009, about the concealed currency and the transfer of currency to relatives.
If convicted, Barlow faces a maximum penalty of five years in federal prison on each count. The charges against her are the result of an investigation by the Federal Bureau of Investigation. The prosecution of this case has been assigned to Assistant U.S. Attorney Meredith P. Duchemin.