Ex-Kentucky basketball star Farmer files for bankruptcy

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LEXINGTON, Ky. (AP) – Former state agriculture commissioner and University of Kentucky basketball star Richie Farmer, who went to prison for violating state ethics and campaign finance laws, has filed for bankruptcy.

Farmer filed a Chapter 7 petition May 4 in U.S. Bankruptcy Court for the Eastern District of Kentucky.

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The Lexington Herald-Leader (http://bit.ly/272OshS) reports Farmer indicated he is unemployed and living on $194 in monthly food stamps. The petition also noted that his parents give him an estimated $400 each month.

The petition listed assets of about $24,000, most of it in his state pension, and liabilities of about $386,000.

Farmer left a federal prison in West Virginia in December after serving a 27-month sentence for misappropriating government resources while in office, including having state workers build a basketball court at his house.


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Information from: Lexington Herald-Leader, http://www.kentucky.com

 

Copyright 2016 The Associated Press.