Jackson Man Sentenced to Prison for Bankruptcy Fraud
JACKSON, MS—William David Dickson, aka Butch Dickson, 59, of Jackson, was sentenced on Thursday, December 10, 2015, by U.S. District Court Judge Tom S. Lee, to 57 months in federal prison followed by three years of supervised release for the fraudulent receipt of over $9 million and concealment of a bank account containing funds belonging to the bankruptcy estate of Community Home Financial Services, Inc., announced U.S. Attorney Gregory K. Davis, Acting U.S. Trustee Henry G. Hobbs, Jr. of Region 5, and FBI Special Agent in Charge Donald Alway.
Dickson placed Community Home Financial Services, Inc. in bankruptcy on May 23, 2012 in the Southern District of Mississippi. Dickson devised a scheme and artifice to defraud the bankruptcy court and the Chapter 11 trustee by fraudulently causing funds of the debtor’s bankruptcy estate to be transferred to multiple accounts outside of the country.
The Chapter 11 Trustee, Kristina M. Johnson, along with the U.S. Trustee’s Jackson, MS office referred this matter to the U.S. Attorney’s office. The investigation was conducted by the FBI, with assistance from the Chapter 11 Trustee. The case was prosecuted by Assistant U.S. Attorney Scott Gilbert.