California Business Owner Couple Nabbed in $4.5M Workers’ Comp Fraud Scheme

Wei Wen Wu, 54, and Feng Wen Lam, 49, both of Arcadia, California, were charged with 43 felony counts of insurance fraud, grand theft, and conspiracy after allegedly underreporting nearly $4.5 million in employee payroll. The scheme reportedly fraudulently reduced …

from News – Insurance Journal https://ift.tt/3G7dwKo
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