April 29, 2011
PRESIDENT OF HOUSTON SECURITY COMPANY CHARGED WITH FAILURE TO ACCOUNT FOR MORE THAN A MILLION IN PAYROLL TAXES
(HOUSTON) - Michael Lee Benson, the president and sole shareholder of B.P. Security Investigations Inc., has been indicted for willfully failing to account for and pay over more than $1.4 million in payroll taxes withheld from employees of the security company, United States Attorney José Angel Moreno and Internal Revenue Service Criminal Investigations (IRS-CI) Special Agent-in-Charge Rodney E. Clarke announced today.
The eight-count indictment was returned by a Houston grand jury on April 27, 2011. Today, Benson surrendered to the United States Marshals Service at the United States Courthouse in Houston. He appeared before a U.S. Magistrate Judge in Houston this afternoon and has been ordered released on bond pending trial. The eight counts of the indictment accuse Benson of willful failure to account for and pay over at total of $1,404,263.31 in payroll taxes collected from company employees between April 30, 2005, and Jan. 31, 2007. According to allegations in the indictment, B.P. Security Investigations Inc. provided private security guard services.
Each of the eight counts alleged in the indictment carries a maximum penalty of five years imprisonment and a fine up to $10,000 upon conviction.
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