Florida authorities have made another arrest as part of “Operation Dirty Money,” an ongoing enforcement initiative to identify those bilking the workers' compensation system.
According to Florida CFO Jeff Atwater, police have arrested Nassar Faraj Hasan on four felony counts stemming from an probe of the 27-year-old's Tampa-based money service business. The proprietor of “Buy One Get One” allegedly failed to appropriately document multiple business transactions as required by Florida statutes.
The Office of Financial Regulation initially identified the deficiencies, then referring the case to Division of Insurance Fraud. Further investigation revealed that Hasan failed to keep required business and identification records in an attempt to hide cashing certain checks, some of which may be tied to previously identified “shell” companies in furtherance of a large-scale workers' compensation premium fraud scheme.
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