One thing is for sure, it is never worth while to lie when it comes to WC. The carriers will always have more $ and time to find the errors and hold companies accountable. You have so many options when it comes to saving money on WC, trying to beat the system will only catch up to you and dig a deeper hole.
Below is a link to an article where a company went above and beyond to try and hide payroll.
Area Contractor Indicted For $2M Workers Comp Fraud, DA Says | Somers Daily Voice