Alleged Auto Fraud Ring Busted in NC
Thursday, August 28th, 2003 Auto FraudNorth Carolina Insurance Commissioner Jim Long announced the arrest of five suspects believed to be part of an extensive auto insurance fraud ring operating in Forsyth and Guilford Counties. Criminal investigators from the Department of Insurance (DOI), accompanied by officers from the Winston Salem Police Department, Forsyth County Sheriff‘s Department and High Point Police Department, participated in the arrest. "These arrests are just the beginning of our crackdown on what‘s believed to be a major auto insurance scam that has cost several insurance companies thousands of dollars," Commissioner Long said. "Fraudulent schemes such as this one cost insurance companies billions every year, and that means decent, law abiding citizens pay the price through increased premiums. This is a practice the DOI simply won‘t accept."
