Christopher Brandon Craner, 32, of Buhl, Idaho was sentenced to two years’ probation for concealing an asset in his bankruptcy case, which included personal interest from a boat. Part of Craner’s sentence includes a two month home detention with a $400 fine. His sentence comes after being charged with bankruptcy fraud-asset concealment.
Craner filed for Chapter 11 bankruptcy protection in March 2009. When you submit documentation to the bankruptcy court you are required to list all assets including awarded interest. His filing included a schedule of assets, in which Craner knowingly concealed personal interest related to a Ranger Boat Certificate that was awarded to him during the same month he filed his petition. Craner filed for protected on March 24 and the certificate was awarded to him on March 14.
Craner’s sentencing is part of a plea agreement that took place earlier this year. When he appeared in court in January, he admitted to concealing information about his assets from creditors and the bankruptcy trustee between March 2009 and May 2009 during bankruptcy proceedings.
He is known to be an avid hunter and professional fisherman, yet his felony conviction will prohibit him from using, possessing or owning a firearm. Because of a plea agreement he received a lesser sentence. Bankruptcy fraud carries a possible five year prison term and a maximum fine of $250,000. A three year supervised released is also possible. Craner’s case was investigated by the United States Trustee’s Office.