San Fernando Valley Business Journal: Local Painting/Waterproofing Contractor Accused of Insurance Fraud

According to the California Department of Insurance, a Tarzana, CA contractor misrepresented payroll for his employees resulting in underpayment of approximately $112,000 in workers’ compensation premiums.

Abraham Dvir, 66-year-old owner of United Painting and Waterproofing Company, was arrested on four felony counts of premium fraud. Dvir is accused of falsifying payroll reports between 2006 and 2009 in order to reduce the cost of insurance premiums.