North Carolina Man Accused of Defrauding Insurer With Stolen Vehicle Claim
William Henry Bullock of Knightdale, N.C., was arrested and charged with one count of obtaining property by false pretense, according to an announcement by Insurance Commissioner Wayne Goodwin.
Department of Insurance criminal investigators allege that Bullock falsely reported his Ford Mustang stolen, filed a fraudulent insurance claim with GEICO Insurance Company and accepted approximately $4,600 to settle the claim. An anonymous caller reported that the vehicle was being stored under a tarp behind Bullock’s girlfriend’s residence and investigators recovered the vehicle.
Bullock was arrested on Nov. 6 and was placed under a $2,000 secured bond.
The Department of Insurance employs 20 sworn state law enforcement officers dedicated to investigating and prosecuting claims of insurance and bail bonding fraud. Since Insurance Commissioner Wayne Goodwin took office in 2009, criminal investigators have made more than 800 arrests, resulting in 430 criminal convictions thus far. These efforts have delivered more than $55 million in restitution and recoveries for victims.
Source: Department of Insurance
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- T-Mobile’s Network Breached as Part of Chinese Hacking Operation
- Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts
- Survey: Majority of P/C Insurance Decision makers Say Industry Will Be Powered by AI in Future