Norma Lopez Cedillo, the President of Nuvo Contractor, Inc., was arrested for committing workers’ compensation fraud last week. Florida Chief Financial Officer (CFO) Jimmy Patronis announced Cedillo’s arrest on August 13th, 2019, stating that Cedillo had been avoiding paying almost $737,000 in workers’ compensation insurance premiums for the previous six months. It is not yet known whether Cedillo has hired an attorney.
The company reported a profit of nearly $5.5 million in the last year, but claimed a payroll of only $103,000 on their workers’ compensation policy. The investigation against Cedillo by Patronis’ Bureau of Workers’ Compensation Fraud showed that she had concealed payroll information to avoid paying higher premiums.