A Macon, Georgia doctor was indicted earlier this month on multiple bankruptcy fraud counts. Dr. George Robert Vito, a former podiatrist who practiced in the Macon area, was indicted on 4 counts of bankruptcy fraud that included making false statements in court and falsifying documents pertaining to his filing.
When Vito filed Chapter 7 bankruptcy protection it was alleged he made false statements while under oath. He allegedly left out information pertaining to financial affairs such as multiple corporation ownerships, control and financial interests. Another bankruptcy fraud count stems from him filing an amendment to his statement of financial affairs schedule; he purposely left out certain parts of information about his income, assets, jewelry, corporations, furniture and other property.
Other alleged bankruptcy counts pertaining to Vito’s case includes making a false oath regarding his bankruptcy petition and supporting documents. He knowingly and fraudulently provided this information claiming it was true and correct when it was not. Further bankruptcy fraud charges are in part from the creditors meeting, in which he provided false testimony regarding details related to his bankruptcy petition.
Vito is scheduled to reappear in court regarding the bankruptcy accusations at a later date. If convicted, he faces a $250,000 fine along with a mandatory $100 assessment fee. For each bankruptcy fraud count, Vito faces the maximum penalty of up to five years in prison. The Federal Bureau of Investigation (FBI) and the United States Bankruptcy Trustee also assisted in investigation efforts.