A former Pikeville business owner has been sentenced in federal court for bankruptcy fraud. 64-year-old Barry E. Sanders, the former owner and CEO of Trailblazers, Inc., an auto and truck parts supply business formerly located in Pikeville and Lexington, was sentenced to 18 months in federal prison. Sanders had previously admitted in U.S. District Court that, while Trailblazers, Inc. was in the process of contemplating bankruptcy in the summer of 2013, he transferred $315,000.00 from the business to his personal banking accounts, using four cashier’s checks. Sanders then knowingly concealed the receipt of those funds, by failing to report the cash transfers on Trailblazer’s corporate bankruptcy filings as required by federal bankruptcy law. Under federal law, Sanders must serve 85 percent of his prison sentence. Sanders will be under the supervision of the U.S. Probation Office for three years following his release.