San Diego County Superior Court Judge George W. Clarke has sentenced Valley Center businessman John Presley to three years formal probation and ordered him to pay $37,669 in restitution to California’s State Compensation Insurance Fund, which insures his business. Presley, 55, is the owner of JSP Construction Co., which provides ceiling installation.
The fraud was discovered through a State Fund audit of Presley’s business records after one of his employees reported a workplace injury. The audit uncovered records in which Presley reported he did not have any employees or payroll during the year audited.
Additional audits found that Presley underreported payroll during a four-year period.
Was this article valuable?
Here are more articles you may enjoy.
OpenAI CEO to Share Oversight Ideas in Wake of Trump AI Order
Report: Extreme Weather to Drive $20 Trillion in Spending
The Iran War Is Pushing the Global Gas Trade into the Shadows
State Regulatory Surge, Federal Shifts Reshaping Workers’ Comp