Shreveport Businessman Convicted of Bankruptcy Fraud

Shreveport, Louisiana, September 30, 2025

News Summary

Harold L. Rosbottom, Jr. and Ashley Kisla have been convicted of conducting bankruptcy fraud to conceal nearly $2 million from creditors. A federal jury found them guilty on multiple charges related to the fraudulent activities, with significant sentencing expected. The case highlights the serious consequences of dishonest practices in bankruptcy proceedings.

Shreveport – Harold L. Rosbottom, Jr., a 55-year-old businessman from Shreveport, Louisiana, has been convicted of bankruptcy fraud alongside his co-conspirator, Ashley Kisla, 44, from Coushatta, La. The convictions were handed down by a federal jury late last night after five days of testimony and the review of hundreds of documents.

Rosbottom and Kisla were found guilty of conspiring to conceal nearly $2 million from Rosbottom’s creditors during his bankruptcy proceeding. The jury convicted Rosbottom on several counts, including one count of Conspiracy to Commit Bankruptcy Fraud, one count of Illegal Transfer of Assets, three counts of Concealment of Assets, two counts of Giving a False Oath and Account, and one count of Conspiracy to Commit Money Laundering.

Rosbottom now faces a maximum penalty of 20 years in prison for the conspiracy to commit money laundering. For each of the other counts, he could receive up to five years in prison and a fine of $250,000. Similarly, Kisla was convicted of one count of conspiracy to commit bankruptcy fraud, one count of giving a false oath, and one count of conspiracy to commit money laundering. She also faces a maximum 20-year sentence for the money laundering charge and up to five years and a $250,000 fine for the other counts.

After the jury’s verdict was announced, U.S. District Court Judge Donald Walter ordered both defendants to be taken into custody until their sentencing. Sentencing for Rosbottom and Kisla is scheduled for January 3, 2013, at 10:00 am.

U.S. Attorney Stephanie Finley praised the efforts of law enforcement agencies, such as the FBI and the U.S. Trustee’s Office, as well as the prosecutors involved in holding Rosbottom and Kisla accountable for their actions. This case underscores the serious consequences of misusing bankruptcy as a means to evade debt while attempting to maintain an affluent lifestyle.

Background of the Case

The charges against Rosbottom and Kisla shed light on the potential pitfalls of bankruptcy fraud, a serious crime that not only affects creditors but also undermines the integrity of the judicial system. The case serves as a reminder that concealing assets and providing false information during bankruptcy proceedings can lead to significant legal repercussions.

Bankruptcy allows individuals and businesses to restructure and relieve debts, but it must be approached with honesty and integrity. Misrepresentation or concealment of assets is viewed severely within the legal framework, and those found guilty can expect harsh penalties.

Key Charges against Rosbottom and Kisla

• Harold L. Rosbottom, Jr.:
  • Conspiracy to Commit Bankruptcy Fraud
  • Illegal Transfer of Assets
  • Concealment of Assets (3 counts)
  • Giving a False Oath and Account (2 counts)
  • Conspiracy to Commit Money Laundering
• Ashley Kisla:
  • Conspiracy to Commit Bankruptcy Fraud
  • Giving a False Oath
  • Conspiracy to Commit Money Laundering

Potential Sentences

• Rosbottom:
  • Maximum 20 years for Money Laundering
  • Up to 5 years + $250,000 fine for other counts
• Kisla:
  • Maximum 20 years for Money Laundering
  • Up to 5 years + $250,000 fine for other counts

Frequently Asked Questions

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Additional Resources

• Eastern Progress: Doing Better Business – Publishers Clearing House Bankruptcy
• Google Search: bankruptcy fraud
• Hot New Hip Hop: 50 Cent & Floyd Mayweather Rumors
• Wikipedia: Bankruptcy
• Eastern Progress: Wisconsin Man Convicted of Bankruptcy Fraud
• Google Scholar: bankruptcy fraud
• Shreveport Times: Local Attorney Sentenced
• Encyclopedia Britannica: Bankruptcy
• KPEL 965: Bossier Covid Relief Fraud Sentencing
• Google News: financial crime

Author: STAFF HERE SHREVEPORT WRITER

The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.