I don’t understand why people scam people. I don’t understand why people defraud companies. It just doesn’t make much sense to me. Can’t we all just be honest? And hug it out?
With a heavy sigh I bring to you today the report of Dinesh Sethi who pled guilty in federal court on September 22, 2011 to one count of wire fraud in connection with defrauding insurance companies out of workers compensation insurance premiums that were due and owing.
Because of Sethi’s greed and dishonesty he now faces a maximum prison term of 20 years and/or a fine of $250,000, along with restitution.
Sethi, president of DES Staffing Services, admitted he and his Director of Finance, Randy Stringer, shifted payroll from high premium job classifications to lower premium job classifications to fraudulently reduce workers compensation insurance premiums – Source.
Scamming is just NOT worth it, folks! Every day I come across scams and it’s usually the same old trick: trying to cheat yourself to the top and end up facing jail time. Do you think it’s really worth it to risk everything for money? Not to mention the people that are harmed or victimized by scams.
What are your thoughts, dear readers? I’m assuming that if you’re an avid reader on the site you know that we hate scams and scammers, but, would you ever consider being a scammer? Perhaps there is a fraudster out there, right now, reading this post. I beg of you fraudster, don’t do it!
Plus, I’d really like to write about some happy news for a change! But until the day the world is rid of dishonesty, I will continue with a heavy sigh.
If you have been scammed and would like to file a scam report, please click here.
- How to Make a Clean Financial Break at Divorce - February 12, 2021
- A Day In the Life of A Debt Collector - January 4, 2016
- Arkansas DEA Extortion Scam Alert! - January 27, 2012