Pocklington to plead guilty in bankruptcy

Discussion in 'NHL General' started by truebluefan, May 25, 2010.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Former Edmonton Oilers owner Peter Pocklington has agreed to plead guilty to perjury in a bankruptcy fraud case, the U.S. attorney's office said.

    Pocklington, 68, acknowledged that he concealed two accounts at Palm Desert National Bank from a bankruptcy trustee and failed to disclose two storage units in Southern California, according to the plea agreement filed Friday in U.S. District Court.

    The plea bargain calls for probation, including six months of home detention that could force him to wear an electronic monitor.

    Hockey great Wayne Gretzky played on Oilers teams owned by Pocklington. The franchise won five titles in seven years before Pocklington sold it in 1998.


    http://sports.espn.go.com/nhl/news/story?id=5217013
     

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