Trucking company owner indicted for scamming insurer
A grand jury in Travis County, Texas has indicted the previous co-owner of a trucking firm for staff’ compensation fraud-related expenses, based on Texas Mutual Insurance coverage Firm.
Frances Corridor, former co-owner of San Antonio gravel-hauling enterprise Invoice Corridor Jr. Trucking, has been accused of scamming Texas Mutual. Corridor and her now-deceased husband, Invoice Corridor Jr., obtained staff’ compensation insurance coverage from Texas Mutual between October 2009 and February 2016.
The indictment alleges that Frances Corridor supplied false payroll data to Texas Mutual auditors in an effort to keep away from paying greater than $9 million in premium. Texas Mutual started to research the corporate when claims and payroll documentation couldn’t be reconciled. Following the investigation, the insurer filed a grievance with the Texas Division of Insurance coverage’s Division of Staff’ Compensation, which later referred the case to the Travis County District Lawyer’s Workplace.
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On June 30, the grand jury indicted Frances Corridor for securing execution of paperwork by deception, a first-degree felony.
“As a result of staff’ compensation insurance coverage premium relies partly on payroll, such a scheme ends in an employer being charged a decrease premium than what is actually owed,” Texas Mutual mentioned. “By hiding payroll, an employer can acquire an unfair benefit over rivals.”
