A Denver-area insurance broker is accused of quietly siphoning off nearly $97,000 in workers’ compensation premiums, according to a newly filed indictment that puts his business practices under a harsh spotlight.
Court documents identify 55-year-old George Gonzalez, owner of Amerimex Insurance, and lay out 14 felony counts tied to the alleged scheme. Prosecutors say the conduct involved workers’ compensation policies and ran from early 2022 through early 2024. For now, those remain allegations that must be proven in court.
As reported by The Denver Post, the case surfaced after a new customer called Pinnacol Assurance to verify a workers’ compensation policy, triggering an internal review. According to the indictment, Gonzalez allegedly diverted $97,233 from nine insurance companies, with many of the questioned policies involving Pinnacol workers’ comp coverage.
What The Indictment Alleges
According to prosecutors, Gonzalez used Amerimex to create or manage workers’ compensation policies, then rerouted premium payments instead of sending them on to the insurance carriers. The indictment lists nine counts of insurance fraud and five counts of theft tied to those transactions, backed by financial entries and policy records attached as evidence.
Investigators say the total diverted comes to $97,233. That figure, along with every allegation in the filing, will have to withstand scrutiny at trial if the case goes that far.
How The State Is Responding
The Colorado Attorney General’s Office has asked anyone who made payments to Amerimex between 2023 and 2026 to reach out at [email protected], according to The Denver Post. Attorney General Phil Weiser told the paper that “insurance fraud is a serious crime that affects all consumers,” and state investigators say they are working with carriers to track potential losses.
The AG’s office has also signaled it may seek additional charges if the ongoing review of payments and records uncovers more evidence.
Why Pinnacol’s Role Stands Out
Pinnacol Assurance is Colorado’s largest workers’ compensation carrier and provides coverage to tens of thousands of employers across the state. Brokers who sell Pinnacol policies are a crucial link between those employers and the carrier, which helps explain why investigators took notice when alleged irregularities surfaced in policies tied to Pinnacol coverage.
For employers, the case is a reminder to double-check that premium payments and policy details match what shows up on carrier statements and invoices, especially when coverage is placed through a third-party broker.
What Comes Next In Court
An indictment is a formal accusation, not a conviction, and Gonzalez is presumed innocent unless and until prosecutors prove otherwise. The case is expected to move through arraignment, pretrial motions, and, if it is not resolved beforehand, a possible trial.
Under Colorado law, insurance fraud is a criminal offense that can bring felony-level penalties and court-ordered restitution. Official information on how the state defines and handles insurance fraud is available in the Colorado Revised Statutes, and consumers can report suspected fraud through the Colorado Attorney General’s consumer complaint portal.
The Denver Post first reported on the indictment and reviewed the court filings at the center of the case. This story will be updated as new court documents, official statements, or hearing dates are released.
