Today’s issue of WorkCompRecap features some interesting fraud prevention news coming from Florida’s CFO Jeff Atwater, as he recently announced the creation of a new program and working group to review the practices of certain bad actors in the check cashing services industry aiding in workers’ compensation premium fraud.
According to Atwater, the latest workers’ compensation premium scheme is highly organized and perpetrated by individuals who are familiar with certain industries, and even involves the creation of shell companies for the purpose of defrauding the system. The working group will develop strategies for helping stop the diversion of amounts supposedly in the hundreds of millions…
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