Associated Press (09/04/12)
William Lubker, a staffing professional with Medstaff Locums in St. Louis, pleaded guilty to defrauding the medical staffing company of more than $400,000 by placing phantom employees and keeping a portion of the payments made by the company to them. Lubker, who has been ordered to repay the money and forfeit items he purchased with it, was accused of mail fraud and aggravated identity theft, having misused an individual’s name and Social Security number as a phantom employee.
Exclusive Guide From Gibraltar—Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.