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3w ago

Ex-SF Workers’ Comp Finance Official Sentenced to 3 Years for $627,000 Fraud

Prosecutors say the full $627,118.86 was frozen for restitution following a four-year sham vendor scheme.

FILE: San Francisco City Hall. A former city employee, Stanley Ellicott, was convicted of stealing more than $627,000 from the city’s workers’ compensation system. 

Overview

  • San Francisco Superior Court Judge Bruce Chan imposed the prison term after Stanley Ellicott pleaded guilty to seven felony counts.
  • The plea encompassed misappropriation of public funds, grand theft, financial conflict of interest, presentation of a fraudulent claim, money laundering, and aiding and abetting a conflict of interest.
  • Ellicott was remanded to San Francisco County Jail pending transfer to state prison under the California Department of Corrections and Rehabilitation.
  • Investigators say he set up a bogus vendor, IAG/Independent Auditors Group, billed more than 600 legitimate claims for nonexistent audits, and routed over $488,000 into personal accounts.
  • City officials report new safeguards in the workers’ compensation payment system after internal reviews identified the vulnerabilities he exploited.