North Carolina Insurance Commissioner Mike Causey today announced the arrest of Nathan Javonte Chambers, 27, of 8197 Wood St., Mount Pleasant. Chambers is charged with embezzlement and conversion by a bailee, both felonies.
According to the arrest warrant, Chambers, a bail bond agent with 123 Bail Bonding, embezzled $200,000 from a client and converting it to his own use.
Special agents with the Department of Insurance’s Criminal Investigations Division note that the victim had used 123 Bail Bonding’s services in Mecklenburg County to post a $25,000 bond on June 23, 2023.
On June 26, 2023, the victim entered into an agreement with Chambers on an investment opportunity that he believed was part of the bail bonding process, special agents say, with the victim believing that the $200,000 would be returned once the criminal charges were dismissed. The victim’s charges were dismissed, but the $200,000 was not returned.
Chambers was arrested on Jan. 20 and given a $5,000 bond.
“I encourage everyone to report suspected scams or insurance fraud immediately by calling 919-807-6840 or toll free from anywhere in North Carolina at 888-680-7684,” Commissioner Causey said.
You can anonymously report the scam or fraud. Information is also available at www.ncdoi.gov.