IN RE: Salil A. ZAVERI (2019)

Determination of respondent New York State Department of Financial Services (DFS), dated December 19, 2017, which found that petitioner had misled DFS by providing materially incorrect and untrue information in license applications, and fined petitioner $4,500, unanimously confirmed, the petition denied, and the proceeding brought pursuant to CPLR article 78 (transferred to this Court by order of Supreme Court, New York County [Arlene P. Bluth, J.], entered August 7, 2018), dismissed, without costs.

DFS's determination that petitioner had provided materially incorrect and untrue information in his 2010 and 2016 license renewal applications, and thereby demonstrated his untrustworthiness, is supported by substantial evidence (see generally 300 Gramatan Ave. Assoc. v. State Div. of Human Rights, 45 N.Y.2d 176, 180–181, 408 N.Y.S.2d 54, 379 N.E.2d 1183 [1978]; Matter of Bonaventure v. Perales, 106 A.D.3d 665, 967 N.Y.S.2d 23 [1st Dept. 2013], lv denied 22 N.Y.3d 851, 2013 WL 5567837 [2013]). After a money judgment was entered against petitioner in 2006 in favor of an insurer, petitioner was asked in license renewal applications whether there were any judgments rendered against him for overdue money by an insurer. Petitioner, who was aware of the prior judgment, informed respondent that there were no such judgments. DFS's determination that petitioner's failure to disclose the judgment in those applications was not merely a mistake is supported by the evidence. The wording of the questions was clear, and petitioner testified as to the specific reasons why he chose not to disclose the judgment in his 2010 and 2016 applications. DFS also wrote to petitioner in 2014 and informed him that it considered petitioner's statements in the 2010 applications, that no judgments had been rendered against him for overdue money by an insurer, to be materially untrue and incorrect, yet petitioner still failed to disclose the judgment in a subsequent 2016 application.

We have considered petitioner's remaining contentions and find them unavailing.