Florida regulators have announced the arrest of a North Carolina man who allegedly collected more than $2.7 million in workers’ compensation premiums from a company by providing a fake policy.
Florida Chief Financial Officer Jeff Atwater said that Delmas Fuller, of Wake Forest, North Carolina has been charged with mail and wire fraud.
Florida’s insurance fraud investigators say that National Employment Services believed they had purchased a workers’ compensation policy through a North Carolina insurance agent named David Walker, doing business as Southeast Services Inc. The company told investigators it had paid Southeast Services some $2.7 million, for which Walker issued multiple certificates of insurance.
Investigators said they found that the company named as the insurer on the documents had no agent by the name of Walker and had never received any type of premium payments from National Employment Services. They also said that the business address used by Southeast Services was actually a private mailbox in Myrtle Beach, South Carolina owned by Fuller and that while no premium payments had been paid to the insurance company, hundreds of thousands of dollars were paid directly to Fuller.
Was this article valuable?
Here are more articles you may enjoy.
UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings
These Five Technologies Increase The Risk of Cyber Claims
One out of 10 Cars Sold in Europe Is Now Made by a Chinese Brand