NE Man Gets Probation in Bankruptcy Fraud Case

Posted 10 months ago

By Scott Carlson

dept.-of-justice(AP) — An eastern Nebraska man has been sentenced to five years of probation and ordered to pay more than $18,000 in restitution after pleading guilty to a federal charge of bankruptcy fraud.

The U.S. Attorney’s Office says U.S. District Court Judge John Gerrard sentenced 57-year-old Ross Boydston, of Creston, on Monday.

In March, Boydston pleaded guilty to bankruptcy fraud after being accused of selling livestock that had been pledged as collateral to American Mortgage Company without notifying the company of the sales and without remitting the proceeds to AMC. He also lied about the sales after filing for bankruptcy.

Besides probation, Boydston must pay restitution of $18,044.