Former Kittery woman pleads guilty to bankruptcy fraud charges

guiltyFrom the Portland Press Herald. To read the full story click here.

Former Kittery woman pleads guilty to bankruptcy fraud charges

Rana J. Clarizio, 46, who now lives in Oak Brook, Illinois, failed to disclose $70,000 worth of property and tried to conceal $125,000 more last year.

A former Kittery woman pleaded guilty Monday in U.S. District Court in Portland to two counts of bankruptcy fraud for failing to disclose $70,000 worth of property and trying to conceal $125,000 more last year.

Rana J. Clarizio, 46, who now lives in Oak Brook, Illinois, tried to hide or incorrectly report lavish purchases and gifts including a Mercedes-Benz sedan, a Rolex watch, jewelry, artwork and resort memberships when she filed for bankruptcy on March 21, 2014, in Maine, according to a prosecution document.

Clarizio then lied under oath on May 2, 2014, during a meeting with creditors that focused on her 2013 sale of a house in North Hampton, New Hampshire, for $400,000 one year and one day before filing for bankruptcy, Assistant U.S. Attorney Donald Clark said in the document.