Man Faces Four Felony Counts of Fraud

A man who had been falsifying payroll reports for over three years finally got discovered by CDI Investigators this month. Abraham Dvir has been arrested on four felony counts of premium fraud. He is in violation of section 11880 (a) of the Insurance Code according to the California Department of Insurance.

He was taken to the Agoura Hills Sheriff's Station in Los Angeles County and is being held on a $120,000 bail. If Dvir is found guilty, he could pay fines up to $236,000 and spend a maximum of 15 years in jail for his white collar crimes.

The case against Dvir began when the CDI received a suspected fraud referral from the State Compensation Insurance Fund (SCIF). As owner of United Painting & Waterproofing Company, Dvir had been falsifying payroll reports between 2006 to 2009. He had reduced the amount of payroll to decrease his insurance premiums for those years.

The total amount of compensation owed for those years is believed to be around $112,000.

Charged with a white collar offense?  Enlist the help of a criminal defense lawyer!