Payroll company owner gets 6 years for defrauding clients in Missouri


Getty Images

ST. LOUIS (AP) – An Indiana payroll company owner has been sentenced to six years in federal prison and ordered to pay back nearly $9 million for a scheme that defrauded clients.

David L. Downey of Indianapolis pleaded guilty in August to federal charges. He was sentenced Tuesday in U.S. District Court in St. Louis.

Clients from Missouri, Indiana, and Kentucky were victims of his scheme.

Federal prosecutors say Downey stole money from clients of his company, Time Payroll, from 2013 to 2017.

Downey has already repaid some of the $9.4 million taken from clients but still owes them $8.8 million.

FOX 2 Newsletters

Sign up for a newsletter from FOX 2 to get updates about news and weather. We offer daily headlines, breaking news, severe weather, and forecast emails.


Latest News

More News