AG James and State Police Superintendent Corlett Announce Conviction in Billion-Dollar Money Laundering Scheme

Posted to Applied Web NY on Fri, 08/28/2020 - 16:11

NEW YORK – New York Attorney General Letitia James and New York State Police Superintendent Keith M. Corlett announced the felony conviction this week of Michael T. Mann (50, of Northville) for laundering over one billion dollars in stolen funds from employers, employees, financial institutions, and financing companies between 2016 and 2019. On a daily basis, Mann diverted millions of dollars in payroll funds he held on behalf of client-employers to pay their employees paychecks and taxes. Thousands of employees in New York and across the country were left in financial distress in the Fall of 2019, when Mann’s scheme came to light and his payroll accounts were frozen.

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