Former prosecutor is accused of hiding million-dollar home purchases from bankruptcy court
A former Maricopa County, Arizona, prosecutor is accused in a federal indictment of hiding his purchase of million dollar homes and a Maserati as he sought bankruptcy protection.
Scott Maasen, now a criminal defense lawyer in Scottsdale, was indicted on charges including conspiracy and fraudulent transfer of property, the Associated Press reports. The Arizona Republic reports on the allegations against Maasen, a former student body president at Arizona State University.
Maasen is accused of hiding the assets with the help of his father, David Maasen, and his girlfriend, Heather Holm, who face conspiracy and other charges in the alleged scheme.
Prosecutors allege Scott Maasen bought a $1.1 million home and put it in his father’s name shortly before filing bankruptcy in 2009. They also allege he purchased another $1.2 million home in 2012 that he also transferred to his father.
Maasen is also accused of using law firm funds to lease a Maserati in his father’s name, and using funds from his law firm and Holm to lease a summer condo in San Diego. He is also accused of using his father’s credit cards to buy a $90,000 engagement ring for Holm.