Chatsworth Company Allegedly Underreported Payroll; Pleads No Contest to Fraud

Insurance Commissioner Steve Poizner announced Cover All, Inc., a 15-year old flooring and carpet installation company headquartered Chatsworth, pled no contest to one count of insurance fraud in Los Angeles County Superior Court. On June 2, 2006, the corporation was placed on five years probation and ordered to pay $6.3 million restitution to the victim, State Compensation Insurance Fund (SCIF).

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