- Associated Press - Wednesday, June 24, 2015

BURLINGTON, Vt. (AP) - A Vermont man who filed for bankruptcy protection last year has pleaded guilty to fraud by trying to hide the ownership of a second home in Quebec worth nearly $340,000.

The U.S. Attorney’s office says 61-year-old Peter Foy of Alburgh never disclosed the ownership or the rental income from the home. Court records show the five-bedroom home has generated rental income of $22,500 in 2013 and $20,300 in 2014.

Foy pleaded guilty in federal court Monday under a plea agreement that would reflect a lower sentence. He’s scheduled to be sentenced on Oct. 13.

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