CENTRAL ISLIP, NY – On December 18, Judge Leonard D. Wexler today, at the Federal District Court in Central Islip, NY sentenced Chris Orsaris to 85 months imprisonment.
Orsaris, the former general manager of Major Automotive Companies, Inc, in Queens, New York was arrested in April 2010 for fraud in connection with an insurance claim on a $850,000 boat and embezzlement from Major. He pled guilty December 2012 to laundering money from a series of schemes designed to take money from Major and avoid paying taxes.
The Court found the defendant, together with others, had taken and laundered over $15 million dollars to support his extravagant lifestyle and sentenced him to 85 months imprisonment, 3 years supervised release.
The defendant was ordered to forfeit the proceeds from his apartment at Trump World Tower, the proceeds of his condominium in Miami, Florida, and his interest in Major Ford, as well as additional bank accounts and an additional $750,000. He was also ordered to pay $13, 831,288 to Major Automotive Companies, Inc., $506,124.25 to the Insurance company for the false insurance claim concerning his boat and $2.7 million to the Internal Revenue Service.