Cleveland man faces federal charges in bankruptcy case

Cleveland man faces federal charges in bankruptcy case

March 31st, 2011 by Staff Report in Local - Breaking News

A federal grand jury in Chattanooga has returned a single-count indictment against a Cleveland man for making a false statement in a bankruptcy matter.

The indictment alleges that around June 2010, John Daniel O'Neal, 64, submitted falsified documents in a bankruptcy matter with intent to influence his bankruptcy plan, according to a release from the U.S. Department of Justice.

O'Neal appeared before a U.S. magistrate judge on Wednesday and entered a plea of not guilty to the charges in the indictment. He was released pending trial, which has been set for June 7 in Chattanooga's U.S. District Court.

If convicted, O'Neal faces a term of maximum term of 20 years in prison, a $250,000 fine and up to three years of supervised release.