Construction Firm Owner Pleads to Workers' Comp Fraud

The owner of a large Bay Area construction firm admitted to committing felony workers’ compensation insurance fraud after years of firing employees when they requested medical treatment for work-related injuries, the Santa Clara County District Attorney’s Office announced. Between 2016 and 2019, Man Tat Szeto, 71, of San Ramon, avoided approximately $86,000 in premium payments to his insurer by underreporting employees and injuries. To further his scheme, Szeto used the banking system to launder $165,000 to pay employees “off the books,” prosecutors said. Szeto was al...