November 23, 2016

Former Pike Man sentenced for false bankruptcy declarations

SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Daniel Wise, 55, formerly of Tafton and currently residing in New York City, was sentenced in United States District Court to two years’ probation and 100 hours’ community service, for making false declarations in bankruptcy proceedings.   Wise was also ordered to pay a $30,000 fine.

Wise filed three Chapter 13 bankruptcy petitions in the Middle District of Pennsylvania between August 14 and November 21, 2012.  An indictment returned on October 14, 2015, alleged that Wise intentionally failed to reveal his ownership of a $2.4 million promissory note and that he was actively engaged in litigation over the note in New York.  Under bankruptcy law, he was required to make those disclosures in his bankruptcy petitions.  

On July 13, 2016, Wise pleaded guilty, admitting that he made false declarations in connection with the bankruptcy petition filed on November 21, 2012.  He further admitted to making false sworn declarations during a January 14, 2013, creditors’ meeting.  Wise’s bankruptcy petitions were eventually dismissed on March 13, 2013.

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