Manhattan DA Says Workers' Comp Fraud Is Widespread

Law360, New York (March 25, 2014, 2:26 PM EDT) -- Workers' compensation insurance premium fraud is so commonplace that it costs the city's construction industry hundreds of millions of dollars a year alone, the Manhattan district attorney said on Tuesday, calling for new laws to root out violators and increase penalties.

The disturbing findings came from independent studies and a grand jury investigation into the vulnerability of New York’s workers’ compensation insurance system to fraud and misuse, said Manhattan District Attorney Cyrus R. Vance Jr.

"My office’s tax fraud and money laundering unit will continue to...
To view the full article, register now.