WINDSOR, ON, Jan. 10, 2012 /CNW/ - On January 9, 2012, members of the Royal Canadian Mounted Police (RCMP) - Windsor Detachment charged a Windsor man with offences under the Bankruptcy and Insolvency Act and the Criminal Code. The charges relate to an alleged abuse of the bankruptcy process.
Amjad Al-Chikh, 49 years of age, of Windsor, Ontario, has been charged with 5 counts of False Statement in writing, contrary to the Criminal Code, and 8 counts under the Bankruptcy and Insolvency Act, including refusing to answer fully and truthfully all questions at an examination, failure to deliver all property under his possession and disposal of property obtained on credit.
Co-operation continues between the RCMP and the Office of the Superintendent of Bankruptcy to investigate allegations of breaches of the Bankruptcy and Insolvency Act. Bankruptcy is a legal process that allows a business or individual to be discharged of debts due to the inability to pay. Concealment of assets is the most common type of Bankruptcy fraud. The offence occurs when the debtor hides his or her assets during the declaration phase of the bankruptcy process.
Amjad Al-Chikh will appear in Windsor court on January 30, 2012.
For further information:
Cpl. Annette Bernardon
Windsor RCMP Detachment
519-948-5287 ext 255