Former N.C. Agent Under Investigation for Embezzlement

June 8, 2004

North Carolina Insurance Commissioner Jim Long announced Gevedon Insurance Agency, of Columbus, is currently under criminal investigation for numerous charges of alleged embezzlement. Polk County Sheriff’s Department and Columbus Police Department have been brought in to work with the North Carolina Department of Insurance Investigations Division.

The case stems from an ongoing investigation by the North Carolina Department of Insurance (NCDOI) into allegations that the agency failed to remit premium payments meant to purchase insurance for clients.

James David Gevedon, who surrendered his agent license in March, previously operated Gevedon Insurance Agency at 240 East Mills Street, Columbus, N.C. and prior to that was employed by Carolina Insurance Services in Forest City, N.C. An estimated 1000 people may be currently without homeowners or auto insurance.

Residents of the Columbus and Forest City area and anyone who may have Property/Liability, Life/Health or Medical Supplement/ Long Term Care Insurance with Gevedon Insurance Agency or Carolina Insurance Services are encouraged to contact the North Carolina Department of Insurance Investigations Division at (919) 733-7434.

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