Alan Landsman (ex-Poison The Well/Until The End, etc.) has been sentenced to between 30 months and 72 months in prison for being a co-conspirator in a company that committed mail fraud. The $50 million scheme was “designed to ship unwanted and vastly over-priced light bulbs and cleaning supplies to thousands of businesses and non-profit organizations.”
The company, which was called Midway, was led by a man named Eric Epstein and they would essentially cold-call their victims to get information from people in billing departments. They would then use the info to fraudulently ship items that were invoiced at inflated prices.
Midway also used various shell entities, such as Standard Industries LLC, where Landsman was working as Vice President. The former musician’s sentence will reportedly start on December 5 at Edgefield Satellite Prison Camp. He is expected to be released in early 2020.
U.S. attorney Robert K. Hur commented on the situation:
“Eric Epstein and his co-conspirators preyed on churches, schools, homeless shelters, and businesses to steal more than $50 million through a sophisticated scheme that involved sham sales of light bulbs and cleaning supplies.
Not only did he not pay taxes on much of the money, but Epstein used the ill-gotten gains to fund a lavish lifestyle including luxury vehicles, a million-dollar home, and extravagant jewelry.
Federal agents and prosecutors will pursue perpetrators of such fraud schemes to recover money stolen from the victims and from the United States Treasury.”
You can read more HERE.
[via The PRP]