New York StateInsuranceDepartment |
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NEWSRELEASEContact:Public Affairs(212) 480-5262www.ins.state.ny.us |
James J. Wrynn Superintendent of Insurance 25 Beaver Street New York, N.Y. 10004
| ISSUED 6/25/2010 | FOR IMMEDIATE RELEASE |
A Chenango County Court jury on Wednesday convicted an Afton man of illegally collecting $66,000 in workers’ compensation benefits while operating a fish stocking business near his home.
Edward Panus, who ran the Ponderosa Fish Farm, was accused of earning thousands of dollars through
his business while claiming that a previous job-related injury prevented him from working. He was
found guilty of submitting numerous work activity reports falsely stating that he was not working
in any capacity.
Panus, 60, was convicted on charges of offering a false instrument for filing and workers’ compensation fraud. Both charges are felonies and he could be sentenced to up to three to four years in prison.
Judge W. Howard Sullivan ordered a probation report prior to
scheduling a date for sentencing.
The case was prosecuted by District Attorney Joseph McBride following an investigation by the
New York State Insurance Department’s Frauds Bureau, the New York State Insurance Fund’s
Division of Confidential Investigations and state police at Sidney.
Panus started collecting workers’ compensation benefits after suffering a back injury while moving sheet rock in 1988.
