New York State Government Cracks Down Compensation Scammers
Dec 14
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Over the previous weeks, the State Government of New York has arrested 18 people who have been charged with workers’ compensation fraud.
A worker’s compensation fraud is a crime and a civil violation which mainly affects the consumers and businesses in many ways. It is actually considered as a serious crime by the New York State Department of Financial Services. Common victims of such deceitful practice are the honest business owners and tax payers who are forced to carry the burden of higher premiums.
Imagine a tax payer or an insurer is required to make up for every dollar paid out because of insurance fraud with a corresponding increase in premiums. Because of that, the cost of doing business in his or her state also increases. Business growth and success are being discouraged in this system.
To crack down compensation fraud, the Office of the Inspector General of the New York State Worker’s Compensation Board, the New York State Insurance Fund and other insurers headed by the New York Department of Financial Services, conducted a joint-investigation.
As a result of the said investigation, 18 compensation fraud artists were arrested. The investigation also found out that those arrested individuals are currently working while receiving worker’s compensation claim.
Definitely, those arrested compensation scammers have never expected that there will come a time that they will be under investigation for the compensation claim that they are currently receiving.
Sometimes life is unfair. Come to think of it, there are thousands of poor people who are permanently disabled out there who cannot be able to obtain such benefits; while those fraud artists are capable of working are constantly receiving the compensation claim that they don’t deserve. Meanwhile, tax payers and insurers are doing their best to pay for the high premium taxes while scammers are just freely enjoying their earned money.
Bravo to the agencies behind the successful –joint-investigation done to eliminate compensation frauds. They’ve done a good job.









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