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Fraud of the Week: Beguilement on the Bayou

Edward Paul Verdin, 36, is one slippery character that couldn't make his way out of a sticky situation and pled guilty to mail fraud and money laundering violations in Lafayette, La.

By Marguerite Swallow | Updated on June 16, 2010

Edward Paul Verdin, 36, is one slippery character that couldn’t make his way out of a sticky situation and pled guilty to mail fraud and money laundering violations in Lafayette, La.

Verdin of Franklin, La., was employed as a claim adjuster for the Louisiana Oilfield Contractors Association (LOCA), a self-insured worker’s compensation group in Lafayette. Part of Verdin’s responsibilities there included reviewing worker’s compensation cases for possible fraud. If the case appeared to be legitimate, Verdin would authorize payment; if the case appeared suspicious, Verdin would hire a private investigation (PI) firm to investigate the validity of the claim, and when the claim was resolved, he authorized final payment to the PI firm for their expenses.

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