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Money can't buy happiness, but it can buy bacon
On August 9th, 1988, Wayne Gretzky, Mike Krushelnyski & Marty McSorley were traded to the LA Kings for Jimmy Carson, Martin Gelinas, and 1st round selections in 1989, 1991, and 1993. Oh, almost forgot the $15 million that Peter Pocklington received as well. Speaking of Peter Puck:
Former Edmonton Oilers owner Peter Pocklington is scheduled to be sentenced for perjury in California Monday.
He is expected to be sentenced to six months of home confinement for making false statements in his bankruptcy proceedings. Pocklington pleaded guilty to perjury on May 27.
He admitted to committing perjury when he filed for bankruptcy in August 2008, claiming almost $19.6 million in debts and $2,900 in assets. He actually had control over two bank accounts and two storage units.
He had been arrested in March 2009 on two charges of bankruptcy fraud.
In a plea agreement with U.S. authorities, he agreed to pay back taxes and to turn over all his assets as ordered by a bankruptcy court.
Bankruptcy proceedings are expected to begin once the criminal case is over.
Pocklington owes the Alberta government $13 million from a 1988 loan to his former meat-packing company, Gainers. If his bankruptcy is approved, the province will likely get nothing back.
Read more: Former Edmonton Oilers owner to be sentenced
Former Edmonton Oilers owner Peter Pocklington is scheduled to be sentenced for perjury in California Monday.
He is expected to be sentenced to six months of home confinement for making false statements in his bankruptcy proceedings. Pocklington pleaded guilty to perjury on May 27.
He admitted to committing perjury when he filed for bankruptcy in August 2008, claiming almost $19.6 million in debts and $2,900 in assets. He actually had control over two bank accounts and two storage units.
He had been arrested in March 2009 on two charges of bankruptcy fraud.
In a plea agreement with U.S. authorities, he agreed to pay back taxes and to turn over all his assets as ordered by a bankruptcy court.
Bankruptcy proceedings are expected to begin once the criminal case is over.
Pocklington owes the Alberta government $13 million from a 1988 loan to his former meat-packing company, Gainers. If his bankruptcy is approved, the province will likely get nothing back.
Read more: Former Edmonton Oilers owner to be sentenced