Rogersville Business Owner Indicted for $4 Million Fraud Scheme, Failure to Pay Taxes
SPRINGFIELD, Mo. – A Rogersville, Missouri business owner has been indicted by a federal grand jury for a $4 million scheme to defraud his customers and his failure to pay federal income and employment taxes.
Michael David Dismer, 51, was charged in a 28-count indictment returned under seal by a federal grand jury in Springfield, Missouri, on Thursday, Aug. 22. That indictment was unsealed and made public today upon Dismer’s arrest and initial court appearance.
Dismer has operated at least eight different businesses (most recently, Worldwide Construction, Inc., and Lakeland Marine Builders, LLC, at Stockton, Missouri) that built large boats, barges, and tugboats for customers around the world since 1993. The federal indictment alleges that Dismer engaged in a $4 million scheme to defraud 22 customers of his boat-building businesses from 2013 to 2018.
According to the indictment, Dismer signed contracts with customers and solicited deposits from them. Although Dismer told customers he would use their deposits and payments to build the boats for which they contracted, the indictment says, Dismer instead used a substantial portion of the funds for purposes unrelated to the construction of the customers’ boats. Dismer allegedly spent those funds to purchase of jewelry, lingerie and other clothing, salon services, flowers, firearms, airline and event tickets, a Hawaiian vacation for himself and six young women, private school and university tuition, furniture, improvements to his personal residence, and the purchase of real property.
Read more: https://www.justice.gov/usao-wdmo/pr/rogersville-business-owner-indicted-4-million-fraud-scheme-failure-pay-taxes