A 36-year-old New York City restoration contractor is looking at multiple charges in a case of workers’ compensation fraud in an investigation initiated by the New York State Insurance Fund.
The defendant is charged with three counts each of insurance fraud, falsifying business records, and criminal possession of a forged instrument – all felonies – following his arrest on May 3.
Authorities say a NYSIF policyholder the individual as a sub-contractor to do work for them. Investigators from NYSIF’s Division of Confidential Investigations said the man allegedly submitted three fraudulent certificates of insurance, listing American International Group as the workers’ comp insurance provider for his company, Superior Drywall and Acoustics Ceilings. (workersxzcompxzkit)
The alleged fraudulent certificates left NYSIF’s policyholder liable for approximately $6,622 in unpaid workers’ comp premium, investigators said.
Author Robert Elliott, executive vice president, Amaxx Risks Solutions, Inc. has worked successfully for 20 years with many industries to reduce Workers’ Compensation costs, including airlines, healthcare, manufacturing, printing/publishing, pharmaceuticals, retail, hospitality and manufacturing. He can be contacted at: Robert_Elliott@ReduceYourWorkersComp.com or 860-553-6604.
Podcast/Webcast: Occupational Health Strategies Click Here: http://www.workerscompkit.com/gallagher/podcast/Occupational_Health_Strategies/index.php
WC Calculator: http://www.reduceyourworkerscomp.com/calculator.php
Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers’ comp issues.
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