Most of us have heard cocktail party talk about someone
who had a lot of assets but managed to file bankruptcy and keep all of their
stuff. Usually, the explanation has to do with exemptions and fully encumbered
property. However, every once in a while, someone tries to play fast and loose
A couple who filed bankruptcy in 2004 have been charged with
hiding assets and money laundering and income tax avoidance. But that may
only be part of their trouble. Federal agents have seized over 5 million
dollars in cash from their home in Colleyville, a DFW suburb.
"Larry Lake, a pharmacist...