The owner of Angel M.E. Construction Corp. is accused of concealing more than $2 million in labor costs that he collected from other contractors, the Florida Department of Financial Services reported. Credit: HappyLensesi/Adobe Stock The owner of Angel M.E. Construction Corp. is accused of concealing more than $2 million in labor costs that he collected from other contractors, the Florida Department of Financial Services reported. Credit: HappyLensesi/Adobe Stock

A Miami-Dade contractor was arrested on Jan. 23, 2024, for workers' compensation premium fraud and grand theft, both felony charges, for allegedly underreporting payroll as part of a premium avoidance scheme, according to the Florida Department of Financial Services.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Workers' Comp