Middle Georgia daycare CEO faces $1 million fine and 30 years in prison on fraud charges

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The Federal Building by William A Bootle and the US Courthouse in Macon, where Cody Richard Griggers, former Wilkinson County Sheriff’s Deputy, pleaded guilty to possession of an unregistered firearm. According to an FBI affidavit, Griggers texted members of an extremist group bragged about hitting a black man in his care and threatened to arrest black Georgians and charge them with crimes to prevent them from voting.

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The CEO of a Warner Robins-based daycare company pleaded guilty to financial fraud earlier this month following an investigation by the FBI and IRS.

Ilene Farley, 62, of Stone Mountain, was CEO of Tender Years Learning Corporation, a daycare that operated 17 locations statewide, including seven in Macon and Warner Robins. As President and CEO, Farley was responsible for managing the company’s financial affairs.

Farley now faces a maximum sentence of 30 years in prison and a $1 million fine, according to a Justice Department press release.

Beginning in 2018, Farley engaged in a “check-kiting” program, a method of check fraud that uses the time between presenting a check and receiving funds “to hijack funds that are not present in a check or other bank account.” use”. to the DOJ. She sent more than $75 million in unfunded amounts to banks throughout the program.

One of the banks she used, Bank of America, discovered the scam in July 2019 and shut down her accounts, according to US Attorney’s Office spokeswoman Melissa Hodges. Bank of America lost more than $500,000.

“Ilene Farley believed she had found a shortcut to put money in her pocket, and now she’s going to pay for her criminal behavior,” FBI Agent Charge Keri Farley said in the release.

The DOJ said Farley also failed to pay the IRS’s “trust fund taxes” on the company’s employees, which include Social Security, health insurance, and federal income taxes; more than $844,000 withheld from their employees’ paychecks.

“Employers have a legal duty and responsibility to withhold income taxes from their employees’ payslips; Failure to do so will have adverse repercussions on the U.S. government and employees,” said IRS Agent James E. Dorsey.

Farley’s sentencing is scheduled for February 1.

Mary Helene Hall is a journalism and women’s and gender studies student at Mercer University who is working with the Telegraph this semester.

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