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Victims of Regency PEO Scam Collect Nearly $3 Million

Wednesday, June 3, 2009 | 0

A nationwide search for the victims of the Jacksonville, Fla.-based Regency Insurance of the West Indies professional employer organization (PEO) scam has turned up 27 victims who've received $2.98 million in restitution, state and federal officials said Tuesday.U.S. Attorney A. Brian Albritton and Alex Sink, Florida's chief financial officer, held a joint press conference in Jacksonville to report the status of a seven-year probe that spanned continents and so far has sparked 13 convictions.The bizarre probe so far has logged two deaths. Prosecutors said one suspect died of a heart at...

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