Saturday, September 21, 2013

Former Edmonton Oilers owner Peter Pocklington, sentenced to six months in jail

Some said that former Edmonton Oilers owner Peter Pocklington should have been thrown in jail for trading Wayne Gretzky to the Los Angeles Kings once upon a time. Those people are getting their wish, even if it is 25 years later and for a completely different reason.

Pocklington will begin a jail sentence on December 9 for violating his probation on a previous perjury conviction related to a bankruptcy fraud case. He has been sentenced to six months in jail, followed by six months of house arrest and two more years of probation

The assistant U.S district attorney who prosecuted the case had asked for nine months in prison, while Pocklington sought to avoid jail altogether so he could continue to care for his wife of 40 years, who has serious heart problems.

According to court documents obtained by CTV News, in 2011 and 2012, Pocklington was ordered to disclose his monthly income to a probation officer -- but he didn't share details about all the money he was making.

Investigators found Pocklington had millions of dollars worth in unreported income over both of those years -- money that was kept in the bank accounts of resource companies he was involved with.

Pocklington bought part ownership of the Oilers in 1976 and the team won five Stanley Cups in the 1980s. He sold the team in 1998.

That means that the dealmakers in the famous Gretzky trade, Pocklington and former Kings owner Bruce McNall will both have spent some time behind bars.

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