A Glens Falls man has been arrested for allegedly presenting false insurance certificates to a Queensbury contractor.
Nicholas J. Degregory, 47, of Harrison Ave. was charged after an investigation into a report from the New York State Insurance Fund. New York State law requires sub contractors provide proof of workers compensation insurance on building projects in New YorkState.
Degregory was charged with fifth degree insurance fraud, a misdemeanor; and two felony counts of second degree criminal possession of a forged instrument.
The complaints against Degregory allege that he presented forged insurance certificates on Jan. 15, 2011 and again on Jan. 3, 2012 to a general contractor in Queensbury. The investigation found that when the contractor attempted to validate the certificates, he was advised that Degregory’s insurance had been cancelled in 2009. As a result the general contractor was required to pay a premium of $1,010 to the New York State Insurance Fund for workers compensation coverage.”