Boulder doctor sentenced to prison for bankruptcy fraud

The Boulder doctor who pleaded guilty in August to bankruptcy fraud was sentenced in United States District Courtroom in Denver on Friday to 18 months in jail.

Cathleen Van Buskirk, 55, appeared in courtroom free on bond on Friday and should report to the Bureau of Prisons no later than April 19, in accordance with a information launch from the USA Lawyer’s Workplace.

Van Buskirk pleaded guilty to a single rely of bankruptcy fraud in August. Courtroom data show that Van Buskirk’s prosecutors agreed in a plea deal not to ask for more than 33 months in federal prison.

Van Buskirk was indicted last yr after prosecutors stated she “intentionally did not disclose certain belongings and took numerous steps to hide her interest in these hid belongings” in 2014 and 2015.

In line with the plea settlement, Van Buskirk went into debt after a failed actual estate funding in New Mexico. Prosecutors stated that whereas considering submitting for bankruptcy, Van Buskirk had her sister and an worker create corporations to which she moved money.

In complete, prosecutors consider Van Buskirk hid about $250,000 in belongings from the chapter trustee. The trustee was notified by Van Buskirk’s good friend of the opposite belongings, which prompted him to open the investigation.

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