Apr 3, 2014 6:46 AM by AP
ALEXANDRIA, La. (AP) -
A 38-year-old Natchitoches man has been sentenced to 15 months in prison for bankruptcy fraud.
At a hearing Wednesday, U.S. District Judge Dee D. Drell handed down the sentence against Wesley A. Pace, who was also ordered to serve three years of supervised release and complete 300 hours of community service.
According to a news release from U.S. Attorney Stephanie A. Finley's office, Pace filed for bankruptcy in March 2008. In his court filings, Pace didn't declare his ownership of mineral rights to a parcel of land in Natchitoches Parish. A month later, he sold the mineral rights for $95,000 without notifying the bankruptcy trustee or providing the money to the trustee as required by federal law.
Pace pleaded guilty in the case Nov. 14.
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