Sacco previously pleaded guilty on Oct. 26, 2012 to one count each of conspiracy to defraud the United States by impeding the Internal Revenue Service, money laundering, and tax evasion.
According to court documents, Sacco and others conspired to avoid the payment of federal employment taxes owed by Paysource for 2007 through 2009 and concealed from the IRS the legitimate tax liabilities the company owed. Sacco directed co-conspirators to prepare fraudulent IRS forms claiming that the wages paid by the company and the resulting tax liabilities were significantly lower than the wages the company actually paid.
Sacco lived in Huber Heights prior to moving to Orlando in 2010.
Paysource was a Dayton-based professional employer organization. Paysource provided services that enabled business owners to outsource the management of human resources, employee benefits, payroll and workers’ compensation and other services. It did this by hiring a client company’s employees, thus becoming their employer of record for tax and insurance purposes. This practice is known as co-employment.
After serving his prison term, Sacco must serve three years of supervised release. He was also ordered to pay $26,729,098.79 in restitution, jointly and severally with Charles Painter who was also charged in the scheme, to the Internal Revenue Service.