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Florida Man Accused of Failing to Pay $193K in Workers' Comp Premium


Florida Man Accused of Failing to Pay $193K in Workers’ Comp Premium
May 13, 2021
A Florida man has been arrested for workers’ compensation premium fraud and additional charges for allegedly concealing payroll information to avoid paying more than $193,000 in workers’ compensation premiums, according to a statement from the Florida Department of Financial Services.
Julio Enrique Maldonado, owner of G.G.M. Construction LLC, faces charges of workers compensation fraud, under reporting payroll greater than $100,000, workers compensation fraud – false statements on application greater than $100,000, and Florida communication fraud aggregated value of $50,000 or more.
The charges follow an investigation by the DFS Division of Investigative & Forensic Services (DIFS), Bureau of Workers Compensation Fraud that found Maldonado claimed $120,000 in annual payroll to Builders Insurance Co. for the policy periods of February 2018 to ....

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FL CFO Announces Arrest in $193,000 Osceola County Workers' Comp Premium Fraud Scheme


05/13/21
WorkersCompensation.com
Osceola, FL (WorkersCompensation.com) - Chief Financial Officer (CFO) Jimmy Patronis announced the arrest of Julio Enrique Maldonado DBA G.G.M. Construction LLC, for workers compensation premium fraud and additional charges for allegedly concealing payroll information to avoid paying more than $193,000 in workers compensation premiums.
CFO Jimmy Patronis said, “Criminals will find any way they can to cheat the system, and as your CFO, I will do everything in my power to bring those who break the law to justice. This type of fraud has a major impact on our state as it raises insurance rates for Florida families. I appreciate the hard work of my fraud detectives for bringing this alleged fraudster to justice.” ....

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