GREENWOOD, Ind. — Greenwood resident, Troy Sissom, 52, has been charged with fraud and preparing a false tax return, by U.S. Attorney Josh Minkler. Sissom was employed as a project manager by F.A. Wilhelm Construction Company.
In 2003, Sissom established a company called LTEE Source and rented a commercial mailbox through UPS. From 2003-2015, he created false invoices and submitted them to the F.A. Wilhelm Construction Company accounting department for payment.
The loss to the F.A. Wilhelm Construction Company is estimated to be $2.7 million, and the loss to the IRS was estimated to be $381,000.
“Internal theft costs all consumers through higher prices on goods and services,” said Minkler. “Fraud, tax evasion, and other white collar crimes, are offenses which ultimately take money out of the pockets of hard working Hoosiers and such crimes will be aggressively prosecuted by this office.”
The case was investigated by the IRS and the United States Postal Inspection Service.
If convicted, Sissom could face restitution, and up to 20 years in prison.