Rocky River Man Reportedly Laundered $100,000

ROCKY RIVER, OH — Mark Dulik, 31, of Rocky River, has been charged with laundering more than $100,000 from investors and using the money for personal expenses, law enforcement officials said in a statement.

Dulik owned Rework, Inc., which claimed to provide cloud-based software services. Using the company's name and mission, Dulik attempted to convince others to invest money into the company. Much of the money provided to Rework eventually wound up in Dulik's pockets, helping him pay for a "lavish" lifestyle, the U.S. Attorney's office said. (Subscribe to the Patch Lakewood newsletter for local news and updates.)

The Internal Revenue Service (IRS) launched an investigation into Dulik and Rework. The agency determined that investor money was being used to make interest payments to old investors. That meant the company was operating like a Ponzi scheme, with a flow of new investors creating the illusion of a profitable company.

As the company grew, Dulik allegedly reaped about $101,500 of investors' money through the Rework business account. He would also falsely report that new investments were actually returns on earlier investments, derived from profits of Rework.

The IRS led the investigation into Dulik.

Photo from Shutterstock