Georgia authorities last week announced the arrest of a contractor charged with underreporting payroll and defrauding Liberty Mutual Insurance Co. of more than $9 million in premiums.
Jose Martinez, 56, of Grayson, was charged with insurance fraud after an investigation found that he had deceived the workers’ compensation insurer by adding false information to a copy of a corporate tax return, Georgia Insurance Commissioner John King said in a statement.
“The fraudulent activity was done to hide his company’s true worker’s compensation liabilities and as a result receive greatly reduced insurance premiums,” King said.
The actions reduced the contractor’s comp premiums by about $9.3 million, he noted.
Martinez was arrested Dec. 5. Further information about his companies was not available.
Topics Workers' Compensation Georgia
Was this article valuable?
Here are more articles you may enjoy.
Florida Farm Manager the Latest to Plead Guilty in Crop Insurance Fraud Probe 
State Farm to Increase Claims Workforce by 3,000 
FEMA’s New Flood Maps Means More Homes Require Flood Insurance: Cotality 
Cyber Threats the Top Business Concern as AI Heightens Risk: Travelers Risk Index 
