I don't know the US laws. Here, in the event of
Post# of 36537
Here, in the event of fraudulent bankruptcy, as in fact with GNBT, the perpetrator is punishable by 3 to 10 years in prison, and obviously with a ban on holding positions in other companies. This JM, candidly, immediately returned to do damage to another company, without paying for the scam perpetrated against hundreds of people.
For him, the penalties provided for by the Chinese legal system would have to be applied.