GRAND RAPIDS, Mich. (WOOD) — Two brothers have been sentenced for hiding a $100,000 pulling tractor and other assets from a bankruptcy trustee.
On Wednesday, Andrew and Robert Trowbridge of South Haven were sentenced for conspiring to conceal assets from the Stamp Farms bankruptcy trustee. Robert also made a fraudulent claim. U.S. District Judge Robert Holmes Bell sentenced each brother to one year of probation, a $10,000 fine and 200 hours of community service.
According to a news release from U.S. Attorney Patrick Miles’ office, the brothers hid a $100,000 high-performance pulling tractor from the Stamp Farms bankruptcy trustee and lied it about during bankruptcy proceedings.
Robert also made a fraudulent claim for around $50,000 in crop insurance, and accepted payment of more than $22,000 that was concealed from the bankruptcy trustee, the release said.
The brothers did return the tractor, and Robert repaid some of the assets he hid. They told the judge that Michael Stamp, the former co-owner of Stamp Farms, asked them to commit the crimes.
Five former Stamp Farms employees have been convicted of federal felonies.
The U.S. Attorney’s Office is continuing to investigate Stamp Farms. Anyone with information of crimes committed by Stamp Farms or its employee is asked to call the U.S. Attorney’s Office at 616.456.2404.