Federal authorities say that five Florida men are accused of a money laundering conspiracy against Xerox.
The U.S. Attorney’s office says that Robert Lee Fisher; Bryan Day; Jason Haynes; Kyle Haynes; and David Haynes, all of Daytona Beach also face charges that include mail and wire fraud.
Prosecutors say that Fisher owned a company that was an authorized reseller of Xerox equipment.
It’s alleged that from 2008 to 2013, Fisher sold more than 60 printers to sham companies, and that Haynes and Day, using those bogus businesses, along with Fisher, ordered about $25 million worth of toner from Xerox, which they never used for legitimate business purposes.
Authorities say that Haynes and day illegally sold the toner to someone in Miami for about $9.4 million, and the men who are accused of crimes split the proceeds.
Under Fisher’s contract with Xerox, people who bought Xerox printers could order toner, but rather than pay Xerox for the toner, they would pay Xerox based on the number of prints made with the toner.
The toner actually belonged to Xerox until it was used by the owners of the printers, and the printer owners were not allowed to sell the toner.
The U.S. Attorney’s office says that Haynes and Day falsely reported to Xerox that their companies made more than 61 million prints during the scheme, when in fact, their companies made few, if any prints with their Xerox printers.
The defendants will have a a court appearance on Friday.
