Newspaper article The Florida Times Union

Judge Acquits Woman in Club Fraud; the Wife Was Just Following Her Husband's Instructions, a Judge Says

Newspaper article The Florida Times Union

Judge Acquits Woman in Club Fraud; the Wife Was Just Following Her Husband's Instructions, a Judge Says

Article excerpt

Byline: TERESA STEPZINSKI

BRUNSWICK -- Barbara F. Archibald was acquitted on bankruptcy fraud charges Thursday by a judge who also ruled that a jury will determine the fate of her husband in the case.

Archibald and her husband, Peter G. Archibald, both of St. Simons Island, went on trial Wednesday on federal charges accusing them of lying and concealing the true value of a lucrative adult entertainment club near Atlanta.

The couple each had pleaded not guilty to federal charges of concealment of assets and making a false oath regarding the nightclub, Roosters Barnyard Inc., on their 2003 voluntary bankruptcy petition.

The charges each are punishable by up to five years in prison and a $250,000 fine.

Senior U.S. District Judge Anthony Alaimo, in a rare bench ruling, dismissed the charges against Barbara Archibald after testimony and evidence concluded in the trial, which has recessed until Monday.

"I grant her a judgment of acquittal . . . because she did everything at the command of her husband," Alaimo said.

The ruling came after her attorney, Jerry Ramsey, argued that there was no evidence that she intentionally concealed assets, nor that she actively participated in the bankruptcy case.

The judge then granted a request from jurors to recess the remainder of the trial for the Veteran's Day holiday and weekend.

The jury will hear closing statements from the attorneys, then begin deliberations on the charges against Peter Archibald beginning at 9 a.m. Monday.

Financial records presented by the government on Wednesday revealed that loan documents signed by both Archibalds listed the value of the nightclub, which features topless dancers, at up to $5 million.

But on the bankruptcy petition signed by the couple, the nightclub's value was listed as $2,000, according to the document. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.