A Rogersville area business owner is facing dozens of charges related to an alleged $4 million scheme to defraud customers and hide income from taxes.
The U.S. Attorney for the Western District of Missouri charged Michael David Dismer, 51, with a 28-count indictment that was under seal on August 22. The indictment was unsealed today after Dismer’s arrest and initial court appearance.
The indictment charges Dismer with 18 counts of wire fraud, five counts of tax evasion, four counts of failure to file a tax return, and one count of making false statements to federal law enforcement agents.
Dismer has operated a number of businesses in the region including Worldwide Construction, Inc., and Lakeland Marine Builders, LLC. The businesses built large boats, barges and tugboats for customers around the world.
The indictment alleges Dismer engaged in a fraud scheme involving 22 customers between 2013 and 2018. The indictment claims Dismer signed contracts with customers and accepted deposits for the purchases which he claimed would be used for boat construction but were diverted to other purposes.
The indictment claims Dismer spent the funds on “jewelry, lingerie and other clothing, salon services, flowers, firearms, airline and event tickets, a Hawaiian vacation for himself and six young women, private school and university tuition, furniture, improvements to his personal residence, and the purchase of real property.”
Dismer allegedly gave 14 customers inoperable or unseaworthy vessels and 7 others received nothing in return for their deposits.
Dismer is also accused of not filing federal income tax returns from 2013 to 2016, hiding hundreds of thousands of dollars in gross income. He also allegedly attempted to evade paying employment taxes for his companies between 1993 through 2002 and 2004 through 2007.