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Washington State Pressing Case against Failed PEO

Wednesday, March 19, 2008 | 0

Washington State Insurance Commissioner Mike Kreidler expects to go to trial in federal court next September against two owners of a failed South Florida professional employer organization (PEO) accused of using phony letters of credit to inflate its worth by $47 million and stealing another $30 million through a bogus transfer of workers' compensation risk, according to court filings.Kreidler detailed plans for an extended court fight with failed PEO Certified Services and two of its former principals, Danny Pixler and Anthony Huff, in a Feb. 15 update filed in the liquidation of Cascade ...

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