Our Videos

December 10, 08

NEWS / Oklahoma Residents Convicted of Bankruptcy Fraud, Money Laundering

S heldon J. Sperling, United States Attorney for the Eastern District of Oklahoma, announced today that JOEL T. STRINGFELLOW, age 55, and TERRY L. STRINGFELLOW, age 52, both of Calera, Oklahoma, were found guilty by a federal jury on Friday.

“The STRINGFELLOWS faced charges in a trial that began with testimony on December 1, 2008,” stated U.S. Attorney Sheldon J. Sperling. “After a five day trial, the jury found the defendants guilty of Money Laundering and Bankruptcy Fraud, in violation of Title 18, U.S.C. §§ 1957 and 2; Title 18, U.S.C. §§ 152(5) & (7) and 2; and Title 18, U.S.C. § 152(3) .”

“The defendants were charged in a twelve count indictment relating to bankruptcies filed in 2003 by Sioux Redi-Mix, Inc. and Sioux Aggregates, Inc. JOEL STRINGFELLOW fraudulently transferred the companies’ assets in anticipation of the bankruptcies, fraudulently receiving the corporations’ assets while they were in bankruptcy and money laundering. TERRY STRINGFELLOW was convicted for making false declarations under penalty of perjury in the bankruptcy cases. The defendants are husband and wife, ” noted U.S. Attorney Sperling.

“Charges arose from an investigation by the Federal Bureau of Investigation, Internal Revenue Service, and the United States Trustee Program, a component of the U.S. Department of Justice which acts in the public interest to promote the efficiency and to protect and preserve the integrity of the bankruptcy system, ” recalled U.S. Attorney Sperling.

“The Honorable Frank H. Seay, District Judge in the United States District Court for the Eastern District of Oklahoma, presided over the trial. The Court ordered the completion of a presentence report. Sentencing will be scheduled following its completion. The defendants are free on bond pending sentencing.”

“Special Assistant United States Attorney David Newman and Assistant United States Attorney Gay Guthrie represented the United States.”


Tags: corporation,


AnnaMaria Realbuto
Thank you for all your assistance and efficiency...
Read More »
Kateryna Melnychenko
Thanks a lot Anton!...
Read More »
Rani Payne
Thank you so much! I’m sure I will be in touch again with something else that will need to be apost...
Read More »
Serge Bauer Law
Thank you again for your help with this case!...
Read More »


How do I change my name on my passport?
Read More »
What is K-1 Fiance (e) visa, and how does it work?
Read More »
How do I get a marriage license?
Read More »
Does a home study preparer conducting home studies of American citizens residing abroad in Convention cases have to be authorized to conduct home studies in the United States and/or in the country whe
Read More »


February 23, 24
Navalny’s death certificate reportedly states natural causes
Read More »
February 19, 24
Birth Certificate Woes: DC Family's Struggle Highlights Home Birth Challenges
Read More »
February 14, 24
Coroner Charged with Theft and Fraud, Faces Removal Amidst Controversy Over Death Certificates
Read More »
February 10, 24
Hungarian president under fire over pardon of man with child sex abuse-related criminal record
Read More »