The U.S. Attorney’s Office for the State of Minnesota says the owner and operator of Travel Troops, LLC cheated at least 36 travel agents nationwide of their primary income source.
07 Jul 2021
A travel agency owner has pleaded guilty to defrauding travel agents across the US out of more than half a million dollars in commission payments.
According to the US Department of Justice, court documents revealed 45-year-old Matthew Harold Schumacher pocketed more than approximately $484,000 ($646,358) in agent commissions using a host travel services scheme.
Schumacher was owner and operator of two Minnesota-based travel agencies which he used to provide host travel services to independent agents across the country for a monthly fee.
He claimed his business would fetch agents higher commission rates from suppliers than independent agents could get on their own, which Schumacher told them he would collect on behalf of the agents before distributing the money.
MGN Online Created: June 30, 2021 09:18 PM
(ABC 6 News) - A Waseca travel agency owner pleaded guilty today to a scheme to defraud travel agents out of more than $400,000 in commission payments, announced Acting U.S. Attorney W. Anders Folk.
According to court documents, Matthew Harold Schumacher, 45, was owner and operator of Travel Troops, LLC, and Vacation Agent Nation, LLP, which were host travel agencies based in Waseca, Minnesota. Through his businesses, Schumacher purported to provide host travel services to independent travel agents throughout the United States in exchange for a monthly fee. Schumacher represented that his host travel business was a reliable and profitable means for his fee-paying travel agents to receive higher commission rates from travel industry suppliers, such as airlines, resorts, and cruise companies, than if the individual travel agents booked their customers’ travel arrangements. Pursuant to service agreements that Schuma
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