Online Staff Report
A former Rockford physician, who goes by several names, was indicted in federal court Tuesday on multiple charges of fraud.
Authorities say Lynn Y. Zoiopoulos, 58, filed a fraudulent petition for bankruptcy in 2009 and failed to disclose her interest in the estate of her deceased grandmother. She also falsely completed a Statement of Financial Affairs to hide interest in various other property, prosecutors allege.
According to the indictment, Zoiopoulos defrauded her grandmother’s estate by misappropriating hundreds of thousands of dollars for her own benefit. Zoiopoulos allegedly hid the embezzled money from the U.S. Bankruptcy Court and falsely claimed the funds were owned by her sister. Zoiopoulos is also accused of sending fraudulent checks through the U.S. Mail.
Zoiopoulos has been charged with three counts of mail fraud and two counts of making false statements in a bankruptcy case. If convicted, she faces more than 50 years in prison and fines fines of more than $250,000.
Prosecutors say Zoiopoulos is also known as Lynn Shelton-Zoiopoulos, Lynn Y. Shelton, Lynn Yenko, Lynn Yenko Zoiopoulos, Lynn Yenko Shelton-Zoiopoulos, and Lynn Zoiopoulos. She now lives in Chicago.