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Wesley Owens
Author - CEO - Serial Entrepreneur - Speaker
Wesley Owens is a former business owner and CEO who was involved in a major workers' compensation insurance fraud scheme. Here are the key details about Wesley Owens:
Background and Business
Wesley Owens, 54, from Atlanta, Georgia, was the owner and CEO of Bison Workforce Solutions, a Professional Employer Organization (PEO) based outside Atlanta.12 Bison Workforce Solutions provided outsourced workers' compensation insurance, human resources, payroll, tax, and other services to other businesses.1
Criminal Activities
Owens was at the center of a massive workers' compensation insurance fraud scheme that amounted to approximately $54 million.1 The scheme involved:
- Obtaining workers' compensation insurance for Bison under false pretenses
- Generating fraudulent Certificates of Insurance for PEO customers
- Misrepresenting the nature of the businesses being insured
- Failing to pay approximately $29 million in premiums
- Defrauding PEO customers out of about $25.5 million in fees for supposed insurance coverage1
Legal Consequences
On March 2, 2023, Wesley Owens pleaded no contest to multiple felony counts of insurance fraud and conspiracy in the Los Angeles Superior Court.13 As part of his sentence, Owens agreed to:
- 10 years of formal probation
- 60 days of community labor
- Pay $350,000 in cash restitution before final sentencing
- An additional $14.15 million owed in restitution during the probation period
If Owens violates the terms of his probation, he faces five years in California State Prison.1
Previous Arrests
It's worth noting that Owens had been previously arrested in June 2019 in connection with a $120 million insurance fraud scheme.45 At that time, he was 47 years old and faced multiple charges, including insurance fraud, identity fraud, felony theft, and forgery.5
Given this information, it's clear that the LinkedIn profile mentioned in the query likely represents the same individual who has been involved in significant legal troubles related to insurance fraud.