Federal authorities have arrested and charged the owners of a Massachusetts roofing company with scheming to defraud their workers compensation insurers.
Ronaldo and Adriana Solano, who operate Framingham-based H&R Roofing & Construction Inc. and H&R Roofing & Siding Corp., were indicted by a federal grand jury over allegations that they avoided more than $627,000 in workers comp insurance premiums by underreporting payroll and paying workers through a shell company, according to the U.S. Attorney’s Office for the District of Massachusetts.
The alleged fraud scheme occurred between 2012 and 2020.
The couple was also accused of using $1 million in pandemic relief funds on personal expenses, including a $825,000 home down payment.
Mr. Solano faces separate charges of mail fraud and wire fraud.
Both defendants were arrested Wednesday, according to federal prosecutors.
www.businessinsurance.com
https://www.businessinsurance.com/article/20240315/NEWS08/912363267/Roofing-company-charged-with-$627K-comp-fraud-
