A playboy used-car dealer who looted his Queens employer out of millions to fund a filthy rich lifestyle was smacked with a seven-year prison term in Central Islip federal court Wednesday.
Luxury-loving Chris Orsaris spent his cash on everything from a Trump World Tower apartment to a mansion in Southampton. He has already served nearly four years of the sentence after his 2010 arrest and faces an additional three behind bars.
Orsaris – who fashioned himself as an opulent thug and surrounded himself with flashy hoodlums – inflated commission paperwork from the Major World Automotive dealers while he served as a general manager there, papers state.
Chris Orsaris worked at the Major World Automotive dealers and inflated commission paperwork to finance his extravagant purchases.Ellis Kaplan
Showing boundless greed, the 41-year-old fraudster once bought an $860,000 boat called “B Low Me” – and later claimed that it was stolen so he could collect on an insurance claim.
Court papers further reveal that Orsaris plunked down wads of cash to pay for a $5.5 million Trump World Tower apartment, a $3 million Hamptons home, and a $2 million Miami condo.
Judge Leonard Wexler ordered Orsaris to forfeit those prized properties – and to fork over $13.8 million to his former employer.
In addition, Orsaris owes $2.7 million in back taxes to the IRS and another $500,000 to an insurance company for the bogus boat claim.
Orsaris’ high powered attorneys from the firm of Benjamin Brafman unsuccessfully argued that he be given time served for his crimes. “He has done things wrong, he has admitted to them, and he has done his best to make this situation right,” they wrote in a court filing.
Orsaris even had former City Council Speaker Peter Vallone – a former Major World client – write a letter to the court to vouch for his character.
“He had an excellent reputation in my community and attended meetings of various civic and charitable groups where I was present and was always helpful and courteous,” Vallone wrote in March.
But Wexler cited the scope of the massive scam in opting not to spring Orsaris.