The operator of two Plainville, Connecticut-based building corporations has been sentenced to 20 months in federal jail for money laundering soon after pleading responsible to deducting $three.four million of sham pension administrative costs from his employees’ paychecks and diverting the money for his have use via two shell corporations. The fraud affected 300 employees of Ferguson Electric powered and Ferguson Mechanical.
Amongst 2013 and 2017, Lee Ferguson requested that concerning $one.sixty five and $three.fifteen be deducted from staff paychecks for just about every hour labored. The resources were being then routed via two other corporations he proven and
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