Friday, January 10, 2020

Special Agents charge Charlotte man with insurance fraud

RALEIGH
Jan 10, 2020

RALEIGH — North Carolina Insurance Commissioner Mike Causey today announced the arrest of Cedric Dwayne Morrow, 40, of 2219 Gooseberry Road, Charlotte. Morrow was charged with insurance fraud and attempting to obtain property by false pretense.

Special Agents with the Department of Insurance’s Criminal Investigations Division accuse Morrow of falsely telling Repwest Insurance Co. investigators that he had not had any previous accidents with his 2014 Chevy Sonic before a Sept. 20, 2017, collision, and that he did not know the person in the other vehicle.

According to the arrest warrant, Morrow’s vehicle was involved in a collision on Sept. 1, 2017, and he did know the person who collided with his car.

Morrow attempted to obtain up to $7,014.88 in an insurance settlement with Repwest, according to the arrest warrant.

The offenses occurred between Sept. 20, 2017, and Oct. 21, 2017.

Special Agents and Gaston County deputies arrested Morrow on Dec. 13. He was given a $5,000 secured bond.

Commissioner Causey estimates fraud costs North Carolinians between 15 and 20 cents on every dollar paid on insurance premiums, maybe more.  That’s why he has cracked down on this white-collar crime by boosting the NCDOI Criminal Investigations Division.

Over the past two years, CID Special Agents recovered $7.5 million in criminal activities-- money that was returned to consumers and insurance companies.  The restitution also helps preserve insurance rates.

To report suspected fraud, contact the N.C. Department of Insurance Criminal Investigations Division at 919-807-6840.  Callers may remain anonymous.  Information is also available at www.ncdoi.gov

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