Man accused of asset fraud

A 68-year-old Kalihi man was charged Thursday with concealing more than $140,000 in assets despite filing for bankruptcy, according to the FBI in Honolulu.

Gil Constantino faces one count of bankruptcy fraud and will turn himself in on April 16 prior to his arraignment before U.S. District Judge Michael Seabright, the FBI said.

Constantino filed for bankruptcy in January 2011 but hid $141,203 in cash and annuities that could have been used to pay his creditors, an FBI release said.

A U.S. bankruptcy trustee discovered the alleged concealment and notified the FBI.

"In a compassionate nation that allows debtors relief through the bankruptcy process, it is a crime to hide significant assets while seeking that relief," said FBI Special Agent Tom Simon in the news release.

5 indicted in cockfighting ring

Four men and a woman have been indicted on federal charges of operating an illegal cockfighting ring in Waianae.

Hawaii News Now reported that authorities had been documenting the alleged gambling ring from January 2009 through July 2011 at Lloyd and Nitta Marshall’s home on Puuhulu Road.

According to the 25-count indictment, $150,000 was found at the home and $240,000 was seized from the Marshalls’ bank account.

Officials say the couple were the alleged organizers. Bryan Castro is the alleged ticket salesman. Patrick Roque and Jerry Perreira are the alleged matchmakers and game officials.

The defendants could not be reached for comment Friday. Trial is scheduled to begin May 30.