Grimy Times has learned that a disgraced bankruptcy attorney has been sentenced to 34 months in prison for collecting filing fees from clients without informing the bankruptcy court.
Glay H. Collier II, 53, of Benton, La., was sentenced by U.S. District Judge Robert G. James on one count of bankruptcy fraud. He was also sentenced to three years of supervised release and ordered to pay $69,063.05 restitution.
According to evidence presented at the November 10, 2015 guilty plea, Collier filed records into the bankruptcy court stating that he would accept “No Look” fees as payment for his services. The “No Look” fee caps attorney’s fees in bankruptcy proceedings to $2,800. In excess of that limit, Collier charged up to $281 in filing fees to some clients, which he did not disclose to the court.
Between March 2010 and November 2013, Collier filed 983 Chapter 13 bankruptcy cases in Monroe, and during the same time period, he filed 2,160 Chapter 13 bankruptcy cases in Shreveport. In approximately 479 of these cases, Collier fraudulently collected and attempted to collect filing fees.
The FBI and the U.S. Trustee’s Office, Region 5, conducted the investigation. Assistant U.S. Attorney Cytheria D. Jernigan prosecuted the case.
The scope of Collier’s scheme is staggering. Over the course of three years, he filed nearly 3,000 bankruptcy cases in two cities. His greed and dishonesty have led to a significant financial loss for his victims, and it is only fitting that he is being held accountable.
Collier’s sentencing serves as a reminder that those who abuse their power and position for personal gain will be brought to justice. The people of Louisiana can rest assured that their government is working tirelessly to protect them from those who would seek to exploit and deceive them.
Related Federal Cases
- Hot Springs Man Gets 27 Months for PPP & UI Fraud · Arkansas
- Bastrop Tax Preparer Admits to $104K Fraud · Louisiana
- Shreveport Lawyer Admits to $1M Bankruptcy Scam · Texas
- Mail Carrier Gets Over Nine Years for Tax Fraud Scheme · Alabama
- Gadsden Brothers Bankroll Fraud Scheme, Face Decades in Prison · Mississippi
Key Facts
- State: Louisiana
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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