Yonkers Drywaller Accused of Low-Balling Payroll

The New York State Insurance Fund (NYSIF) said Tuesday investigators have arrested a Yonkers, N. Y., drywall contractor on charges that he underpaid premiums by more than $600,000.Manhattan Distrait Attorney Cyrus Vance charged Mark Cathy, 44, the owner of Jordan Drywall, with fraudulent practices on Monday following a joint investigation by Vance's office and NYSIF. The arrest followed a joint investigation by the DA’s Office and NYSIF’s Division of Confidential Investigations.Investigators said Carthy underreported payrolls to NYSIF between February 2004 and March 2008 to low...