Construction Co. Owner Gets 10 Years in Prison
The owner of a large construction management company has been sentenced to 10 years in prison after underpaying his company’s payroll taxes by nearly $3 million over a 10-year period.
Lucky Mata, 47, of West Palm Beach, Fla., and owner of Kodiak Construction and Management, was convicted of multiple charges relating to his evasion of federal payroll taxes. Kodiak underpaid its federal payroll taxes by nearly $3 million between 1994 and 2005, during which time it paid its workers nearly $18 million in cash payments.
Check cashers posing as subcontractors helped Mata perpetrate the scheme. Mata caused the check cashers to lie to banks about the final destination of the cash after it left the bank, and then caused multiple false federal payroll tax returns to be filed with the IRS. The total scheme involved more than $18 million in Kodiak wages over a ten-year period.
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Tags: , IRS Cases, Kodiak Construction
