Florida’s Chief Financial Officer Jeff Atwater announced the recent arrest of the owner of Chuy Construction Inc. after a fraud investigation revealed that he allegedly operated a shell construction company for the sole purposes of selling the company’s workers’ compensation certificate. The Department of Financial Services’ Bureau of Insurance Fraud received a tip from the Florida Carpenter’s Union. As a result of the scam, Chuy Construction’s insurance company was defrauded of more than $160,000 between August 2014 and May 2015. The owner has been charged with two counts of workers’ compensation fraud (failure to secure coverage, false document as proof of coverage, false or misleading statements to diminish/avoid premiums, conceal payroll, application fraud, and scheme to defraud), as well as one count grand theft. If convicted, he faces a maximum of 30 years in prison.
Read more via Atwater’s office here.