Former Edmonton Oilers owner Peter Pocklington was arrested by FBI agents in his California home yesterday morning after he allegedly concealed assets when he filed for bankruptcy court.
The office of the United States Attorney alleges that Pocklington said in his bankruptcy petition that his assets totalled around $2,900, including $300 worth of clothing.
Pocklington, 67, filed for personal bankruptcy in August 2008 for debts worth roughly $19.6 million US.
In a news release, the office says the petition raised “suspicions” that Pocklington was not disclosing all of his assets.
