A Randolph businesswoman has found herself on the wrong side of the law, as she's been handed down a sentence of 18 months in prison by U.S. District Court Judge Richard G. Stearns. Lilian Giang, 56, has also been tasked to follow up her prison time with two years of supervised release and to make heavy restitution, a hefty sum of $845,382, as reported by the U.S. Attorney's Office.
The legal woes for Giang stem from her operation of Able Temp Agency, a business primarily concerned with providing temporary staffing solutions. She was convicted back in April of this year after a three-day jury trial, where it was found she committed four counts of failing to collect and to properly hand over taxes, in addition to one count of mail fraud. Giang stood accused of orchestrating a tax evasion scheme from 2015 up through 2019, where she was discovered to blatantly avoid to pay over $800,000 in due payroll taxes.
Giang's method included depositing client payments into Able's bank accounts, which she controlled, and then paying employees off the books. This action concealed more than $3.2 million in payroll, which inevitably led to her downfall. On top of that, Giang was also found guilty of having falsified worker numbers to obtain better rates on worker's compensation insurance, further digging her into the fraud hole.
The sentencing was the result of collaborative efforts, which included Acting United States Attorney Joshua S. Levy and Harry Chavis, Jr., the IRS Criminal Investigation's Special Agent in Charge of the Boston Field Office. Their announcement also mentioned that valuable assistance was provided by the Insurance Fraud Bureau of Massachusetts. Tasked with prosecuting the case were Assistant U.S. Attorneys Christopher J. Markham and Kristen A. Kearney from the Securities, Financial & Cyber Fraud Unit, who worked to succesfully bring to justice the fraudulent activities of Giang.
