Fraud of the Week
Premium Fraud – California
Amount – $2.5 million
The owner of an agricultural company and his daughter have been arraigned on multiple felony counts for underreporting payroll by $11 million dollars in order to reduce their insurance premium by $2.5 million. Between 2015 and 2019 the pair reported fabricated payroll reports. The discrepancy was discovered when the reports sent to the compensation fund were compared to the reports given to the Employee Development Department.

