Adan Deniz, 43, a contractor from Santa Clarita, California, was arraigned immediately on 21 felony counts of forgery, theft by false pretense, and staff’ compensation insurance coverage fraud after allegedly creating fraudulent certificates to safe jobs and underreporting payroll by over $425,000 to save lots of 1000’s on insurance coverage premiums.
The California Division of Insurance coverage started an investigation after a licensed insurance coverage agent reported they’d acquired a duplicate of a fraudulent certificates of insurance coverage, which reportedly had been issued within the agent’s title, and contained a forgery of his signature.
The investigation reportedly confirmed that Deniz created the alleged fraudulent certificates and 9 different fraudulent certificates of insurance coverage between Might of 2018 and July of 2020.
Every of the certificates reportedly contained false details about insurance coverage protection, in addition to a solid signature from a licensed insurance coverage agent. Deniz submitted the fraudulent certificates to his purchasers and to authorities businesses to persuade them he had the required insurance coverage protection, based on investigators.
These fraudulent certificates enabled Deniz to unfairly safe a number of profitable plumbing jobs and authorities permits associated to these jobs, which he would have in any other case been unable to safe, based on the CDI.
Investigators additionally reportedly discovered that Deniz underreported his firm’s payroll from July of 2016 by means of July of 2019. A assessment discovered he allegedly underreported payroll by $426,750 as a way to keep away from paying $52,269 in insurance coverage premiums to the State Compensation Insurance coverage Fund.
The case is being prosecuted by the Los Angeles County District Lawyer’s Workplace. Deniz is scheduled to return to courtroom on Might 25.
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