Edwardsville contractor convicted of misrepresentation in bankruptcy case

OST ST. LOUIS, Illinois — An Edwardsville contractor was convicted of making false statements in a 2018 bankruptcy filing.

Kevin Kahrig, 49, was sentenced to 14 months in prison, a $50,000 fine and two years of supervised release.

According to court documents, Kahrig admitted to transferring nearly $300,000 in cash
checks to Catharine Kahrig, his girlfriend and wife, in 2016 and then closed the bank accounts the next year. Kevin hid those cash transfers and many of the closed accounts in bankruptcy court files.

“In order to avoid paying his debts, Kevin Kahrig tried to defraud his creditors by using the
bankruptcy proceedings,” said David Nanz, the FBI Springfield Field Office special agent in charge.
“Because this type of cheating can compromise the integrity of a program designed to honestly help
For individuals with legitimate financial crises, the FBI assumes our responsibility to initiate bankruptcy
cheating very seriously. This sentence serves as a reminder of the consequences involved
financial crime.”

Investigators say Kevin also sold a boat prior to filing for bankruptcy and gave Catharine $395,000 he received from the sale. While Kevin disclosed the boat sale to the bankruptcy court, he lied about it
amount he had received and did not disclose that he had given the proceeds to Catharine.

“People who hide assets and willfully provide false information in bankruptcy filings
defrauding their creditors and embarrassing the federal court system,” said US Attorney Rachelle Aud
Crow. “It is a serious offense to abuse the bankruptcy system and discredit everyone
this process will be held accountable.”

https://fox2now.com/news/illinois/edwardsville-contractor-sentenced-over-false-statements-in-bankruptcy-case/ Edwardsville contractor convicted of misrepresentation in bankruptcy case

Sarah Y. Kim

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