Bujak indicted on various charges

On Your Side newsroom

Bujak indicted on various charges

By On Your Side newsroom. CREATED Jan 14, 2014

Former Canyon County Prosecutor John Bujak, 44, of Eagle has been indicted by a federal grand jury in Boise on charges of bankruptcy fraud, concealment of assets, making a false statement under oath, money laundering, and obstruction of justice, according to U.S. Attorney Wendy J. Olson.

An initial court date has not been set.

According to court documents, from November 1st, 2010 to September 21st, 2011, Bujak concealed from a bankruptcy trustee and creditors ownership of his then-wife’s Rolex watch on a statement of assets filed in a bankruptcy petition.

Bujak allegedly sold the women’s Rolex watch and a diamond ring to a jewelry store in Florida and received a check for $26,000 -- $25,000 of which was from the watch.

The indictment claims Bujak concealed the sale of the receipt from the United States trustee, the bankruptcy trustee, and creditors by cashing it at a MoneyTree in Caldwell, instead of depositing into his personal bank accounts or cashing at a bank.

When questioned, Bujak claimed that the watch was purchased as a gift for his mother-in-law, and they did not possess it when they filed it for bankruptcy. The indictment also alledges that Bujak attempted to persuade his then-wife to make false statements.

The charges of bankruptcy fraud, concealment of assets and making a false statement under oath are each punishable by up to five years in prison, a maximum fine of $250,000, and up to three years of supervised release.

The charge of money laundering is punishable by up to 20 years in prison and/or a fine of not more than $500,000, or twice the value of the property involved in the transaction, whichever is greater, and up to five years of supervised release, Olson said. Obstruction of justice is punishable by up to ten years in prison, a maximum fine of $250,000, and up to three years of supervised release.

Olson said the government is seeking forfeiture of proceeds of the unlawful activity and property involved in money laundering.