A Travis County grand jury has indicted Larry Wallace of Wallace Insurance Agency and Ruben Perez of Artisan Masonry for insurance fraud. The case, decided on Jan. 26, first surfaced when The Texas Workers’ Comp Insurance Fund uncovered a “shadow” company owned by Robert Gladu, a construction contractor.
Gladu told The Fund that he only had one employee. In fact, his shadow company, Artisan Masonry, employed up to 100 employees. In December, Gladu pleaded no contest to felony charges of insurance premium fraud, paid $200,000 in restitution to The Fund and received a five-year probated sentence.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
FBI Investigating Possible Exposure of Millions of American IDs 
OpenAI Top Scientist Urges ‘Extreme Caution’ With Pace of AI 
Amazon Seen as Shielded From Liability for Miami Cargo Plane Crash 
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In From This Issue
