Florida Man Arrested in Workers Comp Scheme

A Jacksonville, Florida man was taken into custody recently for his alleged role in a workers comp scheme. According to a statement from the office of Chief Financial Officer Jeff Atwater, 49-year-old David Rodriguez-Socarras cashed nearly $3 million in payroll checks through a "shell " company in order to avoid paying payroll taxes and workers comp premiums. (WCxKit)
The bureau of Worker's Compensation Compliance served a stop work order on his business, HMV Construction Incorporated, and discovered 57 certificates of insurance had been issued to companies statewide.
Atwater's office said shell companies are frequently created for money service businesses, such as check cashing stores, to cash payroll checks without paying the taxes and premiums. "Unlawful acts, such as these, hurt honest business owners, our state's economy and Floridians who bear the cost of these crimes," said Atwater. (WCxKit)
Socarras faces felony charges including application fraud, workers comp fraud, criminal use of personal identification information, fraudulent application for a Florida driver's license or ID card and possession of a fraudulent Florida driver's license or ID card. If found guilty, Socarras could be looking at 20 years in prison.


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, printing/publishing, pharmaceuticals, retail, hospitality and manufacturing. See www.LowerWC.com for more information.  Contact:  Info@ReduceYourWorkersComp.com or 860-553-6604.

 

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