Acting Attorney General John J. Hoffman and Acting Insurance Fraud Prosecutor Ronald Chillemi announced today that the husband and wife owners of temporary staffing companies with offices in northern and central New Jersey were arrested yesterday on first-degree charges.
The couple and a co-defendant allegedly grossly under reported the number of employees their companies outsourced, and hid more than $30 million of income, which resulted in the underpayment of their workers’ compensation insurance premiums and income tax from 2009 through 2013.
Milltown residents Andres Minaya, 48, and Jenny Minaya, 29, owners of temporary staffing companies doing business as Olympus Management Services, Atlantis Personnel and other names, were arrested yesterday.
Andres was apprehended in Milltown and Jenny in South River.
Both are being held on bail and are lodged in the Middlesex County jail.
Search warrants were executed at five Olympus locations and at the office of AM Professional Services, a tax preparation company allegedly owned by the Minayas.
Authorities seized various financial documents and electronic devices related to alleged crimes and the Office of the Insurance Fraud Prosecutor (OIFP) has frozen both the personal and corporate bank accounts controlled by the couple.
In addition, the couples’ $1.5 million residence is being seized because it was allegedly purchased with illicit funds.
The Minayas were each charged with first-degree financial facilitation of criminal activity. Andres Minaya was also charged with second-degree insurance fraud and filing a false return.
Authorities also arrested the Minayas’ nephew, Randy Colon, 34, of Somerset, who is purported to have purchased Olympus Management from Andres Minaya, allegedly in furtherance of the workers’ compensation insurance fraud scheme. Colon was arrested in New Brunswick and charged with second-degree insurance fraud.
The six search warrant locations were:
Olympus Management Services, 330 Livingston Avenue, Suite 3B, New Brunswick
AM Professional Services, 353 Livingston Avenue, Basement Level, New Brunswick
Olympus Management Services, 121 Jersey Avenue, Second Floor, New Brunswick
Olympus Management Services, 258 Lakeview Avenue, Clifton
Olympus Management Services, 1167 Dickinson Street, Elizabeth
Olympus Management Services, 177 South Centre Street, Suite B, Merchantville
First-degree crimes carry state prison sentences of up to 20 years in prison and a criminal fine of up to $200,000, while second-degree crimes carry prison sentences of up to 10 years in prison and a $150,000 fine.
Acting Insurance Fraud Prosecutor Chillemi noted that some important cases have started with anonymous tips. People who are concerned about insurance cheating and have information about a fraud can report it anonymously by calling the toll‑free hotline at 1‑877‑55‑FRAUD, or visiting the Web site at www.NJInsurancefraud.org. State regulations permit a reward to be paid to an eligible person who provides information that leads to an arrest, prosecution and conviction for insurance fraud.