JACKSON, Miss. (WJTV) – A federal jury convicted a Canton man for false statements before a court.
According to court documents, William “Bill” Byrd McHenry, Jr., provided false statements on November 18, 2021, during a judgment debtor examination.
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Prosecutors said the examination, which was taken by the Receiver for Arthur Lamar Adams and Madison Timber Properties, LLC, was to determine the assets he had available to satisfy at least part of a $3,473,320 judgment that had been entered against him. The judgment was to be used to satisfy, at least partially, investors who had lost money in the Madison Timber Properties multi-state Ponzi scheme involving more than $100 million and hundreds of victims spanning a number of years.
During a judgment debtor examination, prosecutors said McHenry was asked directly about certain assets and whether he had sold them during the pendency of his own personal bankruptcy, which he filed after the $3,473,320 judgment. They said he falsely denied selling any such assets…