The workers’ compensation industry and state and federal tax authorities are losing hundreds of millions of dollars every year from fraud schemes involving shell companies in the construction industry, federal authorities are warning. The schemes, in which the shell companies …
Virginia Governor Ralph Northam signed an Executive Order establishing an interagency task force on worker misclassification and payroll fraud. The misclassification of employees as “independent contractors” undermines businesses that follow the law, deprives the Commonwealth of millions of dollars in …
Teresa Reif, 31, was arrested on multiple counts of suspected workers’ compensation insurance premium fraud, including under-reporting $10,567,776.69 in payroll, according to California Insurance Commissioner Dave Jones. In addition, she reportedly avoided paying a total of $2,957,089.20 in insurance premium. …