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Former TPA Chief Convicted of Stealing Public Comp Money

Friday, April 24, 2009 | 0

The former chief executive of a Pennsylvania third-party administrator (TPA) was convicted Wednesday on 19 counts of fraud, money laundering and tax charges based on allegations that he siphoned nearly $650,000 from the Lackawanna County, Pa., workers' compensation fund.Charles A. Costanzo, of Dunmore, Pa., was convicted by a federal jury based on allegations that he conspired with Marc Boriosi, a private investigator, to collect more than twice what his company, Executive Claims Administration, was due for handling workers' compensation claims for the county.Prosecutors alleged the ov...

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