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Man gets probation for bankruptcy-related fraud

Published: Tuesday, April 16, 2013 7:35 a.m. CDT

BENTON — A three-year probation sentence has been handed a southern Illinois man who admitted to concealing from a bankruptcy trustee a more than $10,000 payment from a train derailment settlement.

Thirty-seven-year-old David Woodside of Tamaroa pleaded guilty in December to one count of fraudulently concealing assets from a U.S. trustee in his 2009 bankruptcy case.

Prosecutors say Woodside was seeking relief from $49,000 he owed to creditors when he repeatedly failed to disclose he was to get the settlement from a class-action lawsuit.

That payout was related to a 2003 train derailment in the center of his 1,000-resident town about 65 miles southeast of St. Louis. No one was injured.

As part of his sentence, Woodside also must serve 30 hours of community service.

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