Kalihi man charged in bankruptcy fraud case - Hawaii News Now - KGMB and KHNL

Kalihi man charged in bankruptcy fraud case

HONOLULU (HawaiiNewsNow) – A 68-year-old Kalihi resident has been accused of trying to conceal his assets and is charged with one count of bankruptcy fraud.

Gil Constantino, of Kalihi, was investigated by the Honolulu FBI for violating Statute 18 U.S.C. Section 152. According to the FBI, Constantino hid $143,203 in cash and annuities that could have been used to pay his creditors after he filed for bankruptcy. The concealment was discovered by a U.S. Bankruptcy Trustee.

 "In a compassionate nation that allows debtors relief through the bankruptcy process, it is a crime to hide significant assets while seeking that relief," said Special Agent Tom Simon. "The Honolulu FBI stands ready to investigate allegations of money hidden away by individuals seeking bankruptcy relief.  Attempts to cheat the system in that manner are not taken lightly."

FBI officials say that Constantino was not arrested. Instead, he has agreed to turn himself in to the FBI on April 16, 2012 to be fingerprinted and photographed prior to his arraignment before U.S. District Court Judge Michael Seabright.

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