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FAX: 316-269-6420
July 22, 2008
WICHITA MAN GOES TO FEDERAL PRISON FOR LYING TO BANKRUPTCY COURT
WICHITA, KAN. - Nazer Ali Haidar, 48, Wichita, was sentenced Monday to 33 months in federal prison for bankruptcy fraud.
Haidar, who from 1996 to 2002 operated a business called MNJ Used Cars, was convicted in a jury trial on two counts of bankruptcy fraud. Evidence presented at trial showed he made false statements inflating his income when he applied in 2000 and 2001 for credit cards. On Sept. 23, 2002, he filed a Chapter 7 bankruptcy. In his bankruptcy filing, he made false statements concealing that:
- He had money in a checking account at Commerce Bank.
- He had closed his business checking account at Commerce Bank shortly before the bankruptcy.
- He had transferred $6,000 to his spouse.
- He had transferred $8,500 to his brother.
Evidence alo showed that from Aug. 1, 2001, through Aug. 30, 2002, he used credit cards to purchase airline tickets, jewelry, cash advances and other items to increase his total liability in excess of $125,000. In his bankruptcy filing he claimed total assets of $5,100 and total liabilities of $211,278. He used 38 credit cards to charge most of the debt.
U.S. Attorney commended the U.S. Trustee and the Federal Bureau
of Investigation for their work on the case.