Comerica President and CEO to Chair United Way's Annual Campaign dmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dmagazine.com Daily Mail and Mail on Sunday newspapers.
On Monday, U.S. Attorney Sandra J. Stewart announced the sentencing of a man who was charged with mail fraud after he lied to multiple victims and stole nearly $190,000.
Troy man sentenced in federal court for Mail Fraud wtvy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtvy.com Daily Mail and Mail on Sunday newspapers.
A California man pleaded guilty yesterday to employment tax fraud.
According to court documents, Michael Todd Lucas, CEO of i3 Brands Inc., controlled a number of inventory software development businesses from 2008 through 2017, including i3 Brands Inc., Trademotion Inc. (formerly known as Trademotion LLC), Intelligentz Automotive Corporation, and Intelligentz Corporation. Lucas had significant control over the finances of these companies and had a legal duty to account for and pay employment taxes to the IRS. Lucas caused these entities to withhold taxes from employees paychecks, but he did not fully pay the withheld taxes to the IRS. Rather, Lucas caused the businesses to spend thousands of dollars for his personal benefit. In total, from 2008 to 2017, Lucas entities failed to pay over more than $4.9 million in payroll taxes, penalties, and interest.