New York State
Eric R. Dinallo Superintendent of Insurance 25 Beaver Street New York, N.Y. 10004
|ISSUED 06/16/2008||FOR IMMEDIATE RELEASE|
COLONIE TRUCKING FIRM CHARGED WITH WORKERS’ COMP FRAUD
Eagle River Inc., a Colonie-based trucking company, has been charged with underreporting its payroll by $2.2 million, costing the New York State Insurance Fund $300,981 in lost workers’ compensation premiums.
The corporation was arraigned on Thursday on charges of falsifying business records and committing a fraudulent practice. The charges were lodged in Town of Colonie Court by Philip J. D’Angelo, an Investigator with the Frauds Bureau of the New York State Insurance Department.
According to the charges, Eagle River, which is located at 6 Norman Dr., falsified its payroll between November 2003 and November 2006 by underreporting wages, one of the factors used in determining workers’ compensation premiums.
Authorities said the underreporting was discovered in an audit of the corporation’s payroll conducted as part of a joint investigation by the Insurance Department’s Frauds Bureau and the State Insurance Fund.
Eagle River employs approximately 35 drivers and transports mail for the U.S. Postal Service.
The company was represented at the arraignment by its president, Alfred J. Blackburn Jr., 31, of 3232 Route 199 Pine Plains, and attorney Gregory Marsh. Following the arraignment, the case was referred to Albany County Court where a hearing will be scheduled. The charges were placed against the corporation itself and no charges were filed against individuals.
The case is being prosecuted by Albany County Assistant District Attorney John Spencer.
Return to 2008 News Index