New York Attorney General Andrew Cuomo announced the arrest of the president of a Gloversville tannery who illegally failed to secure workers’ compensation insurance for more than 25 employees. Michael DeMagistris, 35, the president of Tradition Leather Inc., was charged with failing to provide workers’ comp insurance for his employees from June 16, 2007 until March 10, 2008, a felony punishable by up to four years in prison.
In March of 2008, an uninsured worker’s claim sparked an investigation into Tradition Leather’s failure to maintain coverage for their workers. The Workers’ Compensation Board issued a “Stop Work” order. Nonetheless, DeMagistris reportedly continued to operate his business and failed to obtain the required coverage for his employees, in defiance of the order.
DeMagistris was arraigned before Judge Frederick Stortecky in Gloversville City Court and sent to jail in lieu of $75,000 bail.
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