Seven Arrested in $100M Shell Company Fraud Scheme
By The BriefBrief
Seven accused in South Florida scheme using fake construction firms, workers’ comp insurance fraud, and illegal check cashing.
WHO:Seven individuals accused by Florida law enforcement and prosecutors
WHAT:Alleged workers’ compensation insurance fraud and illegal check-cashing operation tied to nearly $100 million in payroll
WHEN:Aug 14, 2026 at 1:54 PM ET
WHERE:South Florida (Broward County and Palm Beach County)
WHY:Authorities allege the group exploited Florida’s workers’ compensation system by renting certificates from shell companies and running an unlicensed money-service business.
Reporting from 1 identified publisher for this event.
