Otto Biltres, Wire Fraud and Identity Theft, Florida 2013

Tarpon Springs Man Sentenced to 10 Years for Wire Fraud and Identity Theft

A Tarpon Springs man has been sentenced to 10 years and one month in federal prison for his role in a false invoice scheme that cost an Ohio-based factoring company over $2.7 million. Otto Biltres, 42, pleaded guilty to wire fraud and identity theft on November 25, 2013.

According to court documents, Biltres, the owner of Biltres Staffing of Tampa Bay, LLC, submitted a series of false and fraudulent invoices to TempPay Inc. over a three-year period. The invoices purportedly related to four companies to which Biltres was supplying temporary employees, but in truth, Biltres’s company had no business relationship with those entities.

To create the illusion that the bogus invoices were genuine, Biltres opened post office boxes, bank accounts, email accounts, and websites in the names of the purported client companies. He gradually increased the amounts of the fraudulent invoices over time and used proceeds obtained through later fraudulent invoices to repay earlier fraudulent invoices.

When the scheme was detected, TempPay suffered a loss in excess of $2.7 million. The court also entered a money judgment in the amount of $2.7 million, the proceeds of the charged criminal conduct.

The case was investigated by the Federal Bureau of Investigation and prosecuted by Assistant United States Attorney Bob Mosakowski.

Tarpon Springs, Florida – U.S. District Judge Steven D. Merryday sentenced Otto Biltres to 10 years and one month in federal prison for wire fraud and identity theft. The sentence was handed down on an exact date that was not provided within the source content. The court also entered a money judgment in the amount of $2.7 million, the proceeds of the charged criminal conduct.

Biltres pleaded guilty on November 25, 2013. The defendant’s company, Biltres Staffing of Tampa Bay, LLC, submitted false and fraudulent invoices to TempPay Inc. over a three-year period, resulting in a loss in excess of $2.7 million.

The exact date of the sentencing was not provided within the source content. However, it is known that the defendant pleaded guilty on November 25, 2013, and was sentenced to 10 years and one month in federal prison for wire fraud and identity theft.

MORE FEDERAL CRIME NEWS

White Collar Crime

Sinclair Tulsa Refining, Water Pollution, OK 2007

Dec 12, 2006

White Collar Crime

Costilla-De La Cruz, Wire Fraud, Colorado 2022

Jan 15, 2022

White Collar Crime

FDIC Execs Embroiled in Banking Scandal, Washington D.C. 2023

Feb 24, 2026

White Collar Crime

Lara Acebedo, Bank Fraud, Delaware 2019

Jan 15, 2019