Dr. Edgardo Colón Ledée and his sister, attorney Astrid Colón Ledée, were found guilty by a court in Puerto Rico this week of charges relating to bankruptcy fraud. Dr. Ledée was also found guilty of money laundering.
The charges stem from actions taken by Dr. Ledée and his sister following a 2003 bankruptcy filing by the doctor, including the transfer of a home worth $1.1 million to a corporation solely owned by Dr. Ledée, in an attempt to hide assets from the bankruptcy trustee and creditors.
Dr. Ledée and his sister were found guilty of eight counts of conspiracy to conceal assets and fraudulent transfers, fraudulent transfers, money laundering and concealment of assets from the bankruptcy trustee, creditors, and the United States Trustee.
Astrid Colón Ledée faces a maximum sentence of five years imprisonment and a maximum $250,000 fine, while Dr. Ledée faces up to 20 years in prison and $500,000 in fines.
Dr. Ledée’s Vitals profile lists him as a 2008 Patients’ Choice winner affiliated with Ashford Presbyterian Community Hospital in San Juan, Puerto Rico.
See what others are saying about Dr. Ledée by viewing his profile.