WALTON, NY – A Delaware County man who was already facing accusations of running a Ponzi scheme is now also charged with tax evasion.
New York State Attorney General Letitia James announced the arrest of 60 year-old Carl Carro of Walton for allegedly failing to pay more than $75,000 in taxes over the past 6 years.
According to the A.G.’s office, Carro did not file returns from 2017 to 2019 and filed a false return in 2020.
Carro is also charged with another man of defrauding investors out of millions of dollars, spending money on personal expenses including $120,000 on their pets.
In January 2021, Carro and 72 year-old James Doyle of White Plains were charged with money laundering, grand larceny and fraud.
The A.G. says Carro and Doyle were the directors of 2 headhunting companies, Endeavor Management Solutions and Endeavor Consultancy.
The men allegedly promised investors a 10% to 20% return on their investments and to find them seats on corporate boards of directors.
The A.G. says more than 50 people from across the state and country were defrauded between September 2012 and 2020.