Prosecutors seek 22 years in prison for Mann in $101M payroll fraud | The Daily Gazette
SECTIONS
When credibility matters
ALBANY Prosecutors are asking a federal judge to send Michael T. Mann to prison for 22 years when the perpetrator of one of the biggest financial fraud schemes in Capital Region history comes before him for sentencing Wednesday.
Mann’s defense attorney, by contrast, is asking the judge to depart from guidelines that call for 21.5 to 26.5 years in prison, and instead sentence the Edinburgh resident to only a few years behind bars, with recommendation for a minimum-security facility.
For about six years, Mann and his companies maintained a Ponzi scheme through lies, fraud and check kiting, with the sums snowballing to the point that he was moving around millions of dollars a day when Bank of America and then Pioneer Bank froze his accounts in late August and early September 2019.
New-york
United-states
Saratoga-county
America
Michael-koenig
Lawrence-kahn
Michaelt-mann
Pioneer-bank
Saratoga-county-court
Us-attorney-office
Us-district-court
Capital-region