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.
US Eyeing Ship’s Electrical System After Baltimore Bridge Crash 
Supreme Court Allows More Transport Workers to Bypass Arbitration and Sue Employers 
EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs 
Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.