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BOISE -- The embattled former Canyon County Prosecuting Attorney John T. Bujak has been found not guilty on all federal charges stemming from a 2010 bankruptcy filing.

Back in January 2014, Bujak was indicted by a federal grand jury on charges of bankruptcy fraud, concealment of assets, making a false statement under oath, money laundering, and two counts of obstruction of justice.

Bujak was accused of concealing his and his wife's ownership in a woman's Rolex watch by failing to report the expensive asset to a federal bankruptcy trustee while under oath.

Bujak was then believed to have sold the Rolex watch to a jewelry store in Florida for a profit of $25,000, afterward concealing the proceeds from the bankruptcy trustee and his creditors by cashing a check at a local MoneyTree store and pocketing the cash.

Furthermore, Bujak was then accused of making false statements to the trustee regarding the watch.

The indictment also accused Bujak of trying to convince his former wife to make false statements about the watch to the bankruptcy trustee.

All told, the charges included bankruptcy fraud, concealment of assets, and making a false statement under oath which are punishable by up to five years in prison each. The charge of money laundering is punishable by up to 20 years in prison and/or a fine of up to $50,000. Obstruction of justice is punishable by up to 10 years in prison and a maximum fine of $250,000 and up to three years of supervised release.

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