U.S. Attorney for the Middle District of Florida: Honduran Nationals Sentenced in Multi-Million Dollar Wire and Tax Fraud Scheme
Chief United States District Court Judge
According to court documents, Santos-Calix and Santos-Santos established a shell company that purported to be involved in the construction industry. They obtained a workers' compensation insurance policy in the name of the shell company to cover a minimal payroll for a few purported employees, then "rented" the workers' compensation insurance to work crews who had obtained subcontracts with construction contractors on projects in various
As part of the scheme, the contractors issued payroll checks for the workers' wages to the shell companies and Santos-Calix and Santos-Santos cashed these checks, then distributed the cash to the work crews after deducting their fee, which was typically about 6% of the payroll. During the scheme, both defendants cashed payroll checks totaling approximately
The scheme also facilitated the avoidance of the higher cost of obtaining adequate workers' compensation insurance for the numerous workers on the work crews to whom Santos-Calix and Santos-Santos "rented" the workers' compensation insurance. The two policies that the defendants purchased and then "rented" out was for an estimated payroll of
"Through their illegal workers compensation payroll and insurance fraud scheme, these individuals sought to defraud the
"Through their actions, these defendants attempted to create an environment that favored cheaters," said IRS-CI Acting Special Agent in Charge
This case was investigated by Homeland Security Investigations (HSI), the
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Original text here: https://www.justice.gov/usao-mdfl/pr/honduran-nationals-sentenced-multi-million-dollar-wire-and-tax-fraud-scheme
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