(WWJ) An Oakland County man has pleaded guilty to embezzling over $1.2 million from the United States Postal Service from federal construction contracts.
According to the U.S. Attorney's Office, an investigation by the USPS Office of Inspector General found that 59-year-old Michael Rymar of Rochester Hills concocted a fraudulent scheme to that spanned three years.
From 2015 to 2018, federal prosecutors say USPS engineers awarded Rymar's company, Horizons Materials & Management LLC, with over $5 million in contracts for repairs on USPS buildings in Michigan and New York. But the documentation Rymar provided contained false and fraudulent statements, oftentimes dramatically and falsely overstating the amount he paid subcontractors to complete the repairs, according to an indictment by a federal grand jury in March of this year.
The feds said Rymar also falsely inflated the amount he paid his own employees and the cost of materials on USPS jobs.
Rynmar could spend up to ten years in prison and be fined up to $250,000 when sentenced.
The government also is seeking restitution of the stolen funds.
