North Carolina officials arrested a Durham man and charged him with one count each of insurance fraud and obtaining property by false pretense, according to Insurance Commissioner Jim Long.
Officials processed Reginald Woods, 35, at the Durham County jail under a $10,000 unsecured bond.
Department of Insurance investigators allege Woods filed a claim with his insurance company stating that his motorcycle was stolen, and received a payment of nearly $4,500. Several months later, Woods was stopped at a police checkpoint and was discovered riding the “stolen” motorcycle.
Source: North Carolina Department of Insurance
Was this article valuable?
Here are more articles you may enjoy.
Portugal Rolls Out $2.9 Billion Aid as Deadly Flooding Spreads
UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts
Uber Jury Awards $8.5 Million Damages in Sexual Assault Case
Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud