A temporary-worker magnate has been charged with scamming the New York State Insurance Fund out of $25 million in payments he owed for workers’ compensation insurance.
Eric Goldstein pleaded not guilty Monday to charges including insurance fraud.
Manhattan prosecutors say his company, GT Systems, ran 50 temp agencies. Prosecutors say he avoided paying premiums to the state fund for years while having employees make fake insurance certificates.
The 61-year-old Goldstein is also accused of underreporting his payroll and misclassifying workers’ occupations to get lower workers’ compensation insurance rates.
Defense lawyer Gerald Shargel says Goldstein plans to fight the complex charges.
Messages left at possible telephone numbers for GT Systems or successor companies weren’t immediately returned.
Was this article valuable?
Here are more articles you may enjoy.
UnitedHealth Sells Interest in Florida WellMed Clinics to TPG
Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
25 Years Later: IJ’s Past and Continued Coverage of the Insurance Impact of 9/11
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team 

