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Bankruptcy Leads to Death
Friday, 18 June 2010

June 18--  A Toombs County farmer has died after being sentenced to federal prison for bankruptcy fraud.

Toombs County Coroner Ron Hall confirms Jack M. Williamson, Jr. of Rackettown Road died Thursday evening at the Medical College of Georgia Medical Center in Augusta.

The U.S. Attorney's office says Williamson was sentenced Monday for concealing property in a bankruptcy case.  Judge Avant Edenfield sentenced Williamson to 22 months confinement, three years of supervised release and ordered him to make restitution of $134,050.18.

He was allowed to return home on bond to get his affairs in order prior to reporting to prison.  Authorities say he apparently drank poison when he got home and was rushed to Meadows Regional Medical Center and later flown to Augusta.

According to federal prosecutors, Williamson filed for bankruptcy in the Southern District of Georgia in July, 2007.  He entered a guilty plea this past March after evidence showed he made false statements regarding his income and assets on his bankruptcy papers which were signed under oath.  The government said he attempted to defraud both the bankruptcy court and his creditors in order to pocket sizeable sums of money.

 
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