Drywall Contractor Sentenced to Jail for Premium Fraud

A drywall contractor in New York was sentenced to six months in jail and ordered to pay $400,000 in restitution after pleading guilty to premium fraud, the Manhattan District Attorney’s Office announced. Juan Escobar, 46, operated Infinity Drywall Corp., Infinity Quality Services Inc., JMC Drywall Corp. and JJM Builders Inc.  Prosecutors alleged that from November 2013 through October 2021, Escobar defrauded the New York State Insurance Fund by significantly underreporting his payroll during annual premium audits. He allegedly issued cashier’s checks to shell companies oper...