Five Florida men have been arrested on charges they scammed Xerox Corp. out of $25 million.
Robert Lee Fisher, Bryan Day, Jason Haynes, Kyle Haynes, and David Haynes, all of Daytona Beach, are charged by criminal complaint with mail and wire fraud, conspiracy to commit mail and wire fraud, and money laundering conspiracy, according to the U.S. Attorney’s Office.
The defendants face a maximum penalty of 20 years in prison and a $250,000 fine.
Fisher owned RBM Imaging Inc., which was an authorized reseller of Xerox office equipment. The other defendants own Haynes Brothers Furniture in Volusia County, Fla., and two sham companies, HDH Graphics LLC and Aldar Securities, which were used to defraud Xerox in Webster.
Under Fisher’s contract with Xerox, purchasers of Xerox printers who ordered supplies, such as toner would pay Xerox for the toner based on the number of prints made with the toner and the buyer could not sell the toner.
Between 2008 through 2013, Fisher sold more than 60 printers to the sham companies, HDH and Aldar. Then the Haynes brothers and Day, using the sham companies, and with the assistance of Fisher, ordered some $25 million worth of the toner from Xerox, which they never used.
They falsely reported to Xerox that their companies made more than 61 million prints, but they actually made very few.
Instead, they illegally sold the toner to someone in Miami for some $9.4 million.
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