Flooring Business Owners Charged in Alleged $3.84 Million Fraud Scheme

The California Department of Insurance announced the owners of a Sacramento flooring company were charged with felony workers’ compensation fraud for allegedly underreporting payroll and employees by more than $30 million to reduce premiums paid to three carriers by a combined $3.84 million. Ryan Black, 45, formerly of Fair Oaks, and Curtis Davis, 53, of Penryn, were owners of flooring installation company Apex Industry Solutions Inc. In October 2017, Apex’s insurance carrier at the time discovered that two individuals working for Apex were performing floor installations without ...