Covington Man Sentenced for Making a False Declaration in Connection with a Bankruptcy

According to documents filed in federal court, on or about the 12th day of September 2017, in the Eastern District of Louisiana, KANG, knowingly and fraudulently made a material false declaration, certificate and verification under the penalty of perjury, as permitted under Section 1746 of Title 28, in and in relation to a case under Title 11, In re Pehn Kang, No.17-12431. KANG submitted a Schedules of Assets and Liabilities and a Statement of Financial Affairs, in which the defendant fraudulently answered questions.  Additionally, KANG failed to disclose gambling losses of approximately $40,000 to $60,000, an interest in two Capital One Bank accounts, and a $50,000 life insurance policy.

U.S. District Judge Greg G. Guidry sentenced KANG to probation for a term of 24 months.

The U.S. Attorney’s Office would also like to acknowledge the assistance of the Federal Bureau of Investigation and the Office of the U.S. Trustee for the Eastern District of Louisiana with this matter. The prosecution of this case is being handled by Assistant U.S. Attorney Brian M. Klebba, Chief of the Financial Crimes Unit.