Former Edwardsville Resident/Area Building Contractor Pleads Guilty To Bankruptcy Fraud
EAST ST. LOUIS - A former resident of Edwardsville pled guilty on Friday, October 28, 2022, to making a series of false statements during his 2018 bankruptcy case in the U.S. Bankruptcy Court for the Southern District of Illinois. According to court documents, Kevin Kahrig, 49, a former building contractor in the area, concealed assets from his creditors by transferring those assets to his girlfriend-turned-spouse, Catharine Kahrig, prior to filing bankruptcy. As part of his plea, Kahrig admitted that he transferred $277,850 in cash and checks to Catharine Kahrig in 2016, then closed all his bank accounts the next year. Kahrig hid those cash transfers and many of the closed accounts in his later filings with the bankruptcy court. Also in the court documents, it says next, Kahrig took his name off a lakefront home he co-owned with Catharine Kahrig and hid this transfer from the bankruptcy court. Kahrig also sold his boat before bankruptcy. He gave the $395,000 he got from the boat
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