US DOJ Press Release - April 14, 2004
United States Attorney Patrick L. Meehan today announced the return of a two-count Indictment* charging GEORGE ATIYEH with bankruptcy fraud and concealment of bankruptcy assets.
The Indictment charges that Quality Realty Construction, Inc. (“QRCI”), an
The Indictment alleges that once the bankruptcy was filed on February 7, 1997, these monthly payments to QRCI were the property of the bankruptcy estate and could not be disbursed without authorization from the Bankruptcy Court. The Indictment charges that Atiyeh fraudulently embezzled approximately $280,000 between February 1997 and August 2000 and fraudulently concealed the disbursements.
Atiyeh was convicted in September 2002 for operating an “offshore” gambling operation. He was sentenced to 15 months in prison. His appeal is currently pending in the Third Circuit.
The Express Times reports that Atiyeh was sentenced to 18 months Federal Imprisonment