A 32-year-old Brockton man faces massive prison time after admitting in federal court that he ran a scheme to launder more than $1.2 million in stolen government funds through a fake business setup.
Gino Rosario Tyler Alexander Allegra pleaded guilty in Boston federal court to four counts of theft of government funds, four counts of bank fraud, and three counts of money laundering. U.S. District Court Chief Judge Denise J. Casper has scheduled his sentencing hearing for August 6, 2026. Allegra has been held in custody since he was hit with a superseding indictment back in September 2025.
According to court records, the scheme targeted regular U.S. Treasury checks that had been mailed out as legitimate tax refunds to everyday citizens and businesses across the country. After the checks were stolen, Allegra intercepted them and altered the payee lines.
Instead of the actual taxpayers getting their refunds, Allegra changed the names to World Advance, Inc. (WAI), a Massachusetts-based shell corporation he controlled that had zero actual business operations.
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Allegra then deposited the altered tax checks into WAI accounts. To cover his tracks and bury the money trail, he used the stolen cash to buy separate bank checks made out to other shell companies. Federal investigators found that he also took in and laundered extra bank checks that other co-conspirators had bought using different stolen Treasury checks.
The statutory penalties for Allegra’s crimes are severe. The theft of government funds charges carry a maximum sentence of 10 years in prison, three years of supervised release, and a $250,000 fine. The bank fraud counts are the most serious, carrying up to 30 years behind bars, five years of supervised release, and a $1 million fine.
Additionally, the money laundering charges carry up to 20 years in prison, three years of supervised release, and a $500,000 fine. Ultimately, a federal district court judge will determine the exact final sentence using the U.S. Sentencing Guidelines.
The case was announced by a joint team of federal officials, including U.S. Attorney Foley; Thomas Demeo of the IRS Criminal Investigation Boston Field Office; Michael Carpenter of the Treasury Inspector General for Tax Administration; and Jason Buckley of the U.S. Postal Inspection Service’s Boston Division. Assistant U.S. Attorney Seth Kosto, who heads the Securities, Financial and Cyber Frauds Unit, is handling the prosecution.
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