In 2013, businessman Steven Zinnel, 50, was charged with 15 counts of bankruptcy, fraud, and money laundering for hiding assets during his 1999 divorce. He reportedly hid the assets to avoid paying alimony and child support.
On Tuesday, March 4 Zinnel was sentenced to more than 17 years in prison. Additionally, he was ordered to pay a fine of $500,000.
Zinnel’s fraudulent activity was first discovered when he asked the Federal Bureau of Investigation to investigate his ex-wife. After looking into records, federal agents discovered that Zinnel placed some of his properties under other people’s names before filing for bankruptcy in 2005. He then allegedly laundered money back to himself.
Divorce, custody agreements, asset division, and legal separations can all be complicated matters, logistically and emotionally. The attorneys at Fischer & Van Thiel, LLP, assist San Diego couples. To learn about how our legal team can help you, call today.