Owner of Construction Companies Indicted on Fraud Charges

Prosecutors in New York announced that the owner of several concrete construction companies was indicted for multiple acts of suspected fraud, including allegedly underreporting the size of his staff. The Manhattan District Attorney's Office announced that Benedetto Cupo, 66, is charged with grand larceny, criminal tax fraud, falsifying business records and scheme to defraud. Cupo owns Eastland Assoc. Corp., Eastland Services Corp. and IMN Group Inc. Cupo allegedly reported that Eastland Assoc. Corp. had fewer than 10 employees when purchasing comp policies from New York State Insurance ...