PAYROLL FRAUD IN NEW YORK’S CONSTRUCTION INDUSTRY: ESTIMATING ITS PREVALENCE, SEVERITY AND ECONOMIC COSTS | CCA METRO
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PAYROLL FRAUD IN NEW YORK’S CONSTRUCTION INDUSTRY: ESTIMATING ITS PREVALENCE, SEVERITY AND ECONOMIC COSTS

Research by the Institute for Construction Economic Research (ICERES) finds that payroll and tax fraud costs New Yorkers more than $1 billion annually. Cheating contractors gain a $13,500-15,000 cost advantage per worker over law-abiding contractors and workers paid off-the-books or misclassified as independent contractors are robbed of $9,000-10,000 annually.

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Payroll Fraud in New York's Construction Industry - JULY 2021
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