Bankruptcy fraud suspect taken into custody

MARQUETTE — An Ishpeming man accused of bankruptcy fraud and the concealment of assets was taken into custody Wednesday afternoon during a bond hearing in U.S. District Court.

David Vernier, who at one time was involved with Oasis Fuels Incorporated, was remanded into federal custody by Judge Timothy Greeley. During the hearing, Judge Greeley addressed the defendant about his concerns with the financial affidavit he submitted to the court.

Greeley referenced a warehouse and a few vehicles that were not listed on the affidavit. Vernier faces two charges in relation to a $145 million check-kiting scheme that he was involved in with his daughter, Brooke, back in 2012.

Brooke (Vernier) Ferns is currently serving an 18-month prison sentence for her role in the matter. No future court date has been set at this time for the elder Vernier.