TribLIVE

| News


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

North Huntingdon businessman accused of hiding assets in bankruptcy

Daily Photo Galleries

Monday, Jan. 27, 2014, 2:00 p.m.
 

A North Huntingdon businessman failed to list a Fayette County chalet, 75 of the 102 firearms he owned and a 1932 Ford hot rod when he filed for bankruptcy in 2010, according to a federal indictment unsealed Friday.

A federal grand jury last Tuesday indicted Michael J. Free, 62, on four counts of bankruptcy fraud and one count each of concealing assets and making false oaths and claims.

There was no phone listing for Free and no attorney listed in court documents.

Westmoreland County deputy sheriffs seized the guns in 2012 after a federal bankruptcy judge cited Free, the owner of Electra Lighting and Electric Co., with civil contempt for hiding and selling his assets.

The indictment says he failed to account for more than $350,000 he made from selling assets. He also hid his ownership of four snowmobiles, a lawn tractor, miscellaneous tools and a flatbed trailer, prosecutors say.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. Student arrested at Shaler High School in round up of 35 Allegheny County drug dealers
  2. New movie studio coming to McKees Rocks
  3. Woman taken into custody for fatal stabbing of male companion in Duquesne
  4. Ex-judge in Philadelphia charged with bribery, conspiracy in sting case
  5. Steelers’ defense on pace for fewest sacks in 16-game season
  6. Starkey: Century mark beckons for Ben
  7. Harlem Wizards will take to the court against Connellsville All Stars
  8. Flyers continue mastery of Penguins at Consol
  9. Cops: Washington County surplus store sold stolen items
  10. WPIAL, coaches are still looking to schedule Week 9 rivalry games
  11. World’s 1st carbon capture power plant switches on in Canada
Subscribe today! Click here for our subscription offers.