LAFAYETTE, Ind. — Grand jurors indicted the former Offer Zone owner of 17 fees ranging from corrupt enterprise impact and theft to tax evasion and revenue laundering.
Menashi Cohen, 68, of Indianapolis, was arrested Monday on a warrant dependent on the grand jury’s indictments.
The indictments accuse Cohen of getting house stolen from area retailers and then reselling the items at the Offer Zone at 100 South Creasy Lane, Treasure on Pallets at 2834 Previous U.S. 231, and CD Land.
He utilised the cash to start other organization ventures, according to the indictments.
The crimes stretch again to 2017.
The investigation included regional police, FBI and Indiana Department of Profits brokers.
Grand jurors billed Cohen with 4 counts of theft, four counts of cash laundering and 4 counts of tax evasion.
Additionally, grand jurors indicted Cohen on charges of conspiracy to dedicate theft, corrupt business impact, failure to remit taxes and failure to maintain information.
Cohen also is charged with perjury for allegedly lying to grand jurors about his ex-wife’s revenue in 2017 and 2018. Cohen’s alleged perjury was on March 1 and April 14.
Police raided Cohen’s local businesses in March 2021, closing down his organization and confiscating his inventory.
Prosecutors afterwards submitted a civil lawsuit to acquire penalties for what prosecutors think are ill-gotten gains. That lawsuit is pending.
Tippecanoe County Jail data reveal that Cohen remains incarcerated Wednesday afternoon in lieu of bond.
Arrive at Ron Wilkins at [email protected] Comply with on Twitter: @RonWilkins2.
This article at first appeared on Lafayette Journal & Courier: Lafayette grand jurors indict business proprietor of money laundering