- Dean Smith
False Insurance Certificate Causes NJ Contractor’s Indictment
Superstorm Sandy backlash is still rearing its ugly head in the fraud realm almost a year after the storm’s initial impact.
According to Insurance Journal, 48-year-old Shane Wood of Toms River, New Jersey, faces charges of providing a false insurance certificate, working as an unregistered contractor after registration had been revoked, forgery, and other counts, slapped on by a Monmouth County grand jury.
An investigation conducted by the Superstorm Sandy Fraud Task Force uncovered that Shane Wood had been sub-contracted for roof repairs in Monmouth Beach in January of 2013. As standard for any contracting job, it is required to provide a certificate of liability insurance, in which Wood provided a false certificate to the general contractor assigned to the job.
Wood was arrested in July of this year after the conclusion of the investigation. If convicted of the above named charges, Wood faces up to six years in prison.