New York Paralegal Blog

Kenneth G. Reidenbach was charged today by superseding indictment with bankruptcy fraud, concealing assets during a bankruptcy proceeding, and embezzling from a bankruptcy estate, announced United States Attorney Zane David Memeger. According to the superseding indictment, Reidenbach, an attorney in Lancaster, represented an individual in a bankruptcy proceeding. Reidenbach counseled the client to place nearly $40,000 in real estate proceeds into a law firm account controlled by Reidenbach and then concealed those proceeds from the bankruptcy court. The indictment also alleges that Reidenbach falsely represented that he had agreed to receive only $1,500 for representing the client in the bankruptcy proceeding. The original indictment, filed December 9, 2010, charged Reidenbach and co-defendant Herbert P. Henderson, another attorney in Lancaster, with conspiracy to commit bankruptcy fraud and concealing assets in bankruptcy by concealing more than $51,000 of clients’ real estate sales...

Daniel McMullen, Special Agent in Charge (SAC) of the Jackson Field Office of the Federal Bureau of Investigation (FBI), and Special Agent in Charge (SAC) Scott Dennis, U.S. Small Business Administration, Office of Inspector General - Southern Region (SBA-OIG), joined in announcing the following arrests: VICTOR PLANETTA, age 57, and EILEEN PLANETTA, age 53, residents of Slidell, Louisiana, were arrested by Special Agents of the FBI, with assistance from officers of the Slidell, LA Police Department, at approximately 6:00 p.m., on April 26, 2011, pursuant to arrest warrants issued by the United States District Court for the Southern District of Mississippi. Following their arrests, the PLANETTAs were transported to Mississippi and held in the Stone County, MS Jail, pending their initial court appearance. The PLANETTAs were indicted by a grand jury in the Southern District of Mississippi on charges that they conspired to defraud the U.S. Small Business Administration (SBA) by making ...

Yesterday in federal court in Minneapolis, a 38-year-old Shoreview woman pleaded guilty to embezzling approximately $400,000 from her employer during a two-year period. Kimberly Dana Swenson pleaded guilty to one count of mail fraud. Swenson, who was charged on March 11, 2011, entered her plea before United States District Court Judge David S. Doty. In her plea agreement, Swenson admitted that from 2008 through 2010, she embezzled the money from Allianz Life Insurance Co., where she worked as a client services specialist from 2002 through 2010. Swenson made false and misleading statements and representations in order to obtain the money. For her crime, Swenson faces a potential maximum penalty of 20 years in prison. Judge Doty will determine her sentence at a future hearing, yet to be scheduled. This case is the result of an investigation by the Federal Bureau of Investigation. It is being prosecuted by Assistant U.S. Attorney Joe Dixon.

CINCINNATI — The third-party administrator to 56 employee benefit plans — most covered by the Employee Retirement Income Security Act — located throughout Ohio and several other states pleaded guilty to one count of embezzlement of $1 million in assets from 12 retirement plans. The additional locations of the plans are Beth Park and Ford City, Pa.; South Plainfield, N.J.; Waltham, Mass.; Anderson, Ind.; Saco, Maine; and Orange Beach, Ala.