Ex-Pepperell man jailed in bankruptcy case – Lowell Sun

BOSTON -- A former Pepperell man who used a snowmobile to flee to his native Canada to avoid criminal charges here will spend 18 months in federal prison and then face deportation hearings that could send him back to Canada once again.

Cyril Gordon Lunn, 69, was accused in 2004 of concealing $3 million to $4 million in assets during bankruptcy proceedings, and of making false statements under the penalty of perjury.

In March of 2005, Lunn rented a snowmobile in Maine and used it to flee across the border into Canada, where he remained a fugitive until his arrest and extradition back to the U.S. last year, according to the U.S. Attorney's Office.

In January, Lunn pleaded guilty to concealing assets from bankruptcy creditors and making false statements under the penalty of perjury in one of his bankruptcy cases.

Prosecutors say that from 1985 to 2001, Lunn owned the CY Realty Corporation, a construction and development business in Pepperell. From 1998 to September of 2001, Lunn transferred both personal and business assets, including $3 million to $4 million in cash, into Canada, according to prosecutors. Much of the cash was deposited into safe deposit boxes, according to prosecutors.

When Lunn filed bankruptcy for himself and CY Realty Corporation in 2001, he failed to disclose the transfers, and made false statements claiming he had closed all his safe deposit boxes, according to a press release from the U.

On Wednesday, U.S. District Court Judge Timothy Hillman sentenced Lunn to 18 months in federal prison and ordered him to pay $6,339 in restitution. Lunn will face deportation hearings once he is released from prison.

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Ex-Pepperell man jailed in bankruptcy case - Lowell Sun

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