Three men have been arrested in connection with a money laundering scheme that moved $100 million in concealed payments to undocumented workers, authorities said.
Authorities said the investigation determined that companies along the East Coast had used MAIA Consulting to conceal payments made to undocumented construction workers since early 2015. Up to $100 million was laundered through the scheme, which involved MAIA cashing checks written to “shell” construction companies, according to the prosecutor’s office. Those companies existed for the sole purpose of concealing payments, allowing the companies to skirt tax obligations and labor regulations, authorities said.
Three men have been arrested in connection with a money laundering scheme that moved $100 million in concealed payments to undocumented workers, authorities said.
Authorities said the investigation determined that companies along the East Coast had used MAIA Consulting to conceal payments made to undocumented construction workers since early 2015. Up to $100 million was laundered through the scheme, which involved MAIA cashing checks written to “shell” construction companies, according to the prosecutor’s office. Those companies existed for the sole purpose of concealing payments, allowing the companies to skirt tax obligations and labor regulations, authorities said.