Vocational School Owner and Counselors Arraigned in Nearly $1 Million Insurance Fraud Case

LOS ANGELES — Los Angeles area vocational school owner, Guillermo (William) Frias, 65, of Paramount, and accounting manager for the same school, Yesid Colon, 54, of Baldwin Park, were arraigned yesterday after a California Department of Insurance investigation revealed they allegedly submitted fraudulent claims to receive money from insurance companies for services their vocational school did not provide. They also allegedly received illegal kickback payments from vocational counselors that paid for referrals of students, which is a labor code violation. Four vocational counselors have also been arraigned for their involvement in the illegal referrals and kickback scheme.

Read the entire press release.  California Department of Insurance, August 20, 2024