A Bethesda, Md., woman pleaded guilty to a bankruptcy scam involving insurance fraud and concealing assets.
Diana J. Stout, 56, faces five years in prison when sentenced in February, according to federal prosecutors.
The charges are related to Stout filing for Chapter 7 bankruptcy. In 2010, she forged a contractor’s signature on and cashed insurance claim checks intended for repairs to a Hagerstown, Md., home following water damage.
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She also concealed assets, including stocks, cars and an $85,000 Cartier diamond bracelet.
Stout’s former boyfriend accused her of misappropriating $1 million of his money.