Garrard County men accused of running $14.6M tax fraud scheme
LEXINGTON, Ky. (WDKY) - Two Garrard County men are accused of being involved in a multi-million dollar tax fraud scheme involving staffing companies.
A federal grand jury indicted Clarence Michel, Jr., 47, and Warren Griffin II, 49, after alleging the two failed to pay $14.6 million in payroll taxes. The money was owed by many staffing companies they operated from 2012 to 2016.
The indictment says the duo tried to hide the tax fraud by changing the names of the companies under the names of various owners. They are also accused of aiding and assisting in preparing false personal tax returns.
Both face charges of up to eight years in prison and a $500,000 fine.