TALLAHASSEE, Fla.- Today, Chief Financial Officer Blaise Ingoglia announced the arrest of Israel Carballo after an alleged $100,000 workers’ compensation fraud scheme. The Department of Financial Services, Criminal Investigations Division (CID), arrested Carballo after fraudulently underreporting payroll amounts to his insurance company to avoid paying a higher workers’ compensation premium. 

Chief Financial Officer Blaise Ingoglia said, “My investigators continue to root out fraud and find criminals who attempt to defraud the workers’ compensation insurance system. These crimes result in higher premiums for the honest businesses trying to keep their doors open, and I will not stand for that to happen. We will continue to protect Floridians and their businesses from fraudulent activity.” 

As the owner of his construction company, Carballo concealed his payroll amounts when applying for coverage. The investigation uncovered $968,278.71 in unreported payroll exposure. Additionally, Carballo hid his payroll from his insurance company by using money service businesses to cash checks, which amounted to $1,074,278.71. 

Due to his failure to report significant payroll changes, he only paid $9,297.43 for the policy year. This resulted in a loss of $100,565.57 in insurance premiums.  

Israel Carballo was arrested on November 5, 2026. He has been charged with grand theft, organized scheme to defraud, and Workers’ Compensation fraud. 

Prosecution of this case falls under the jurisdiction of the Miami-Dade State Attorney’s Office. The Criminal Investigations Division (CID) encourages anyone with knowledge of fraud to contact the insurance fraud hotline at 1-800-378-0445 or report it at FraudFreeFlorida.com.