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Scales of justice

A Casper couple pleaded guilty in federal court this week to committing bankruptcy fraud.

James E. Knight II pleaded guilty Tuesday to a single count of tax evasion, and Ashley E. Knight pleaded guilty Monday to two counts of laundering monetary instruments.

In exchange for James Knight’s plea, prosecutors agreed to dismiss two other charges: concealment of bankruptcy assets and making a false statement under oath.

Prosecutors also dismissed 12 additional charges against Ashley Knight.

The charges alleged that the couple lied on a bankruptcy application in an attempt to avoid paying back taxes, at least some of which were related to the couple’s failed business, Ikon Welding.

The IRS said that although the two claimed in bankruptcy court in September 2015 that they owned no businesses and had no bank accounts, Ashley Knight had used a bank account for a company called Superior Fabrication in late 2014, according to court documents. James Knight claimed ownership of Superior Fabrication on a job application in March 2015, IRS investigators said.

Both Knights remained free on bond at the time of sentencing. They are set to be sentenced in June.

Follow crime reporter Shane Sanderson on Twitter @shanersanderson

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Crime and Courts Reporter

Shane Sanderson is a Star-Tribune reporter who primarily covers criminal justice. Sanderson is a proud University of Missouri graduate. Lately, he’s been reading Cormac McCarthy and cooking Italian food. He writes about his own life in his free time.

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