FBI agents raided the luxury lakeside home of mysterious payroll company boss Michael Mann late on Monday following the collapse of his company which cost tens of thousands of people their paychecks.
Half a dozen law enforcement vehicles descended on the house in the tiny town of Edinburg, New York, around 4.30 pm. The agents stayed for about an hour.
Camera flashes could be seen coming from the second story of a massive, half-completed extension to the house which is inside Adirondack Park.
But it is not believed that any arrests were made and it is unclear what investigators removed from the home. The FBI’s Albany office, which is leading the investigation, did not immediately return calls.
The luxury lakeside home (above) of mysterious payroll company boss Michael Mann in Edinburg, New York. The posh, custom-made home is located in Adirondack Park
DailyMail.com was the only media on site at the time of the raid.
Mann, 49, is the elusive president of ValueWise, the parent company of MyPayrollHR, which closed its doors on September 5, leaving people all over the country without their bi-monthly paychecks.
Even now, after massive publicity about the case, no news organization has been able to turn up a photograph of either Mann or his wife, Kim, 48.
Over the weekend the couple strung a rope across the top of the hill leading down to their home and placed buckets across the driveway to deter visitors.
An investigator (above) is seen outside Mann's home late Monday. Half a dozen law enforcement vehicles descended on the house in the tiny town of Edinburg, New York, around 4.30 pm
Camera flashes could be seen coming from the second story of a massive, half-completed extension to the house(above) which is inside Adirondack Park
When DailyMail.com knocked on the door of the home, Kim Mann refused to open it and said her husband would not speak. ‘I’m calling 911. Bye,’ she added.
Michael and Kim Mann moved full-time to the home on the banks of the Great Sacandaga Lake about 18 months ago, after selling their house close to his offices in upstate Clifton Park, New York. The move increased his commute from 15 minutes to nearly an hour.
The custom-made home lists on Zillow for $500,000, a fortune for the remote exclusive area where it was built. It has an unusual design with three wings spreading out from a ‘great room.’ A massive 500-foot triangular deck gives million-dollar views across the lake.
Mann started building the extension for a double garage with a 960 sq. ft. bedroom and bathroom above in September last year. The permit for completion expires next week.
‘He called me in a panic on September 6, saying he might have to sell and I would soon understand why,’ Edinburg’s Building Superintendent Terry Anthony told DailyMail.com. ‘I told him I don’t watch the news.
‘He wanted to know what would happen to the permit if he sold. I told him it applies to the property not the owner.’
An unidentified woman is seen outside the home. Agents spent about an hour at the residence during the raid on Monday. The elusive Michael Mann and his wife Kim have not been photographed since the collpase of ValueWise
Agents spent about an hour at the home on Monday. It is not believed that any arrests were made and it is unclear what investigators removed from the home
Attempts to speak to a dozen workers at the now-shuttered company have not proved fruitful.
The father of one of the now-unemployed workers said his son was told at lunchtime on Thursday, September 5 not to return in the afternoon and to go to the office the following day to retrieve any personal items.
There was no hint that the company was in trouble until September 5 when workers at some 4,000 companies nationwide