If the surety bond discovers fraud what are its duties to the subcontractor or oblige to protect them? What is the purpose of a bond claim then?
1 reply
Jun 1, 2023
This sounds like more of an ethics question than a strictly legal question. I am not a lawyer and this is not legal advice, however surety bond fraud causes a lot of harm in the construction industry. Reporting fraud when it is found is a good way to mitigate the level of harm inficted by bad actors. If you want specific legal advice about this situation then you may want to consider reaching out to a licensed attorney in your state directly at their office. This forum is public, so it may not be the right place to discuss a sensitive legal issue. Levelset provides a list of attorneys in each state here: https://www.levelset.com/payment-help/experts/experts-by-state/ . From that directory you may find a law firm in your area to call privately.