Edgartown Man Pleads Guilty to Insurance Fraud

Gregory Pyden, 56, pleaded guilty Thursday to four counts of workers compensation fraud, and four counts of larceny. He was ordered to pay $37,488 restitution for his role in the scheme.

An Edgartown man accused of stealing more than $30,000 in worker’s compensation insurance money pleaded guilty in Dukes County Superior Court Thursday.

Gregory Pyden, 56, pleaded guilty to four counts of workers compensation fraud, and four counts of larceny. He was sentenced to probation by judge Doug Wilkins and ordered to pay $37,488 restitution for his role in the scheme.

According to the Massachusetts Attorney General’s Office, Mr. Pyden stole the money from the A.I.M.  Mutual Insurance Company and the state worker’s compensation assigned risk pool from 2016 to 2020.

Mr. Pyden, who owns Rockwell Masonry, listed himself as the sole employee, but in reality, he hired several employees that he did not report on his insurance audit, according to the attorney general. Those hidden workers were not covered by worker’s compensation insurance.

Mr. Pyden was indicted by a Dukes County grand jury in August. He has been ordered to give monthly restitution payments of $1,042 and will be on probation for three years

Comments

Submitted by Anonymous (not verified) on Sun, 04/30/2023 - 10:05

Permalink

Harry Schwartz Edgartown

In reality a lot of sole proprietors business owners do this. It's the only way to do business. Workman's Compensation insurance is very expensive. It's funding isn't combined with other programs such as MassHealth or unemployment insurance. If is was then it wouldn't have to be so expensive. There are so many costs in this country that would go away if we had national health insurance.

Submitted by Anonymous (not verified) on Wed, 05/03/2023 - 08:22

Permalink

rob the roofer new jersey

when the sole proprietor employs this uninsured worker, and this worker gets hurt and needs medical care. they are taken to your emergency room in the nearest hospital and will be cared for in fact they must be cared for, who do you think pays that medical claim? because the sole proprietor WON'T do to the high expense. I do agree medical care is expensive but the taxpayers paying that claim don't get the service or profit that the sole proprietor does from his uninsured workforce.

Add new comment

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.