Michael Guzman, 43, a former Sunbelt Rentals employee who hatched a scheme to defraud his company out of $4 million in construction equipment, has been sentenced to 4.5 years in prison. U.S. District Judge Kenneth D. Bell also ordered Guzman to pay $4.1 million in restitution.
Acting as a fleet operations manager for Sunbelt from June 2019 until May 2020, Guzman arranged for 398 company assets to be auctioned off through an online heavy construction equipment auction house, identified as Company B in an earlier release by the United States Attorney’s Office Western District of North Carolina.
Guzman then represented to Company B that the assets were owned by two shell companies he set up — Second Life Equipment and All Seasons Sales and Service — when they were actually Sunbelt’s assets. He used the name of “Eric Dixon” throughout the transactions and laundered the money through John Brown Acquisitions, a company Guzman set up.
After the theft,…