menú principal título de página menús destacados contenido pie de página
My Florida CFO

Iniciativas

Manténgase Conectado

Siga al
Departamento de
Servicios Financieros

¡Suscríbase al boletín informativo del Oficial Principal de Finanzas!

Nota de Prensa

Noticias   RSS RSS   Oficina de Prensa   Archivo

CFO Jimmy Patronis Announces $200,000 Workers’ Comp Premium Fraud Arrest in Fort Myers

2/6/2020

For Immediate Release: Thursday, February 6, 2020
Contact: Devin Galetta, 850.413.2842, devin.galetta@myfloridacfo.com
Alecia Collins, 850.413.2842, alecia.collins@myfloridacfo.com
 
CFO Jimmy Patronis Announces $200,000 Workers’ Comp Premium Fraud Arrest in Fort Myers

FORT MYERS, FL. – Chief Financial Officer (CFO) Jimmy Patronis announced the arrest today of Santos Y. Cardona, owner of YYCS Enterprises, Inc., for workers' compensation fraud. Over the course of a year, Cardona allegedly evaded paying nearly $200,000 in workers’ compensation insurance premiums. The company allegedly conducted more than $1 million in payroll but originally reported $59,000 in payroll on their workers' compensation insurance policy.
 
CFO Jimmy Patronis said, “Workers’ compensation fraud is a serious crime that puts injured workers at risk and drives up insurance rates statewide for honest, hard-working businesses. My office is committed to cracking down on fraud. I applaud the great work of our dedicated insurance fraud detectives. I encourage businesses and individuals to report suspected insurance fraud to my website at FraudFreeFlorida.com.”
 
An investigation by CFO Patronis’ Bureau of Insurance Fraud discovered Cardona allegedly concealed payroll information to avoid paying higher workers’ compensation premiums. Based on financial records from a check cashing store in Fort Myers, it was revealed that Cardona cashed over $1 million in payroll checks. Cardona later reported payroll of only $59,000 which is less than what he originally estimated to avoid paying $199,515 in workers’ compensation insurance premiums.

Santos Y. Cardona was booked into Lee County Jail on February 5 on charges of Workers’ Compensation Fraud and Scheme to Defraud. If convicted, Cardona faces up to 25 years in prison. Individuals charged with a crime are presumed innocent until proven guilty.
 
###
About CFO Jimmy Patronis 
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. El Oficial Principal de Finanzas Patronis trabaja todos los días para luchar contra el fraude de seguros, apoyar a los bomberos de la Florida y garantizar que las finanzas del estado sean estables para respaldar el crecimiento financiero del estado. Siga las actividades del Departamento en Facebook (FLDFS) y Twitter (@FLDFS).