North Carolina Man Arrested for Alleged Insurance Fraud

Cain Michael Cain, a resident of Charlotte, N.C., was arrested and charged with two counts each of obtaining property by false pretense and insurance fraud, according to an announcement made by Insurance Commissioner Wayne Goodwin.

Department of Insurance criminal investigators allege that Cain filed insurance claims with multiple insurance companies for vehicle damage from a single accident that that occurred in Mecklenburg County. Cain filed the first claim on May 11, 2007, with 21st Century Insurance Company and was paid $4,775. He then allegedly filed a claim for the same damage with Discovery Insurance Company on Sept. 25, 2012, and was paid $1,771.02. Investigators allege that Cain filed a third fraudulent claim with Insurance House-Southern General Insurance Company on April 3, 2013, and was paid $299.98 for a rental car. Insurance House stopped payment on the check intended for the vehicle repair and contacted the Department of Insurance.

Cain was arrested by the Charlotte Mecklenburg Police Department on Jan. 15 and placed under a $2,500 bond.

Source: North Carolina Department of Insurance