RICHLANDS, N.C. (WITN) – North Carolina Insurance plan Commissioner Mike Causey introduced the arrest of Kenneth Lawson Reynolds on Thursday, May well13, 2021.
Causey claims officers charged the 40-year-outdated gentleman from Richlands with fraudulently burning a dwelling, insurance policy fraud, and getting property by false pretense, which are all felonies.
According to the media release, specific agents with the Office of Insurance’s Prison Investigations Division accuse Reynolds of telling the United Expert services Car Association that he did not know how a fire at 182 Angel Haven Lane in Richlands happened.
But they say the investigation proved Reynolds intentionally started off the fire to destruction the Richlands’ house.
In accordance to the arrest warrant, Reynolds been given $165,600.31 from USAA to fork out for a 70-night lodge keep and spend off the household mortgage loan.
A Point out Freeway Patrol trooper arrested Reynolds throughout a site visitors prevent on May possibly 2. He was specified a $125,000 secured bond.
“Insurance fraud hurts customers it prices North Carolina individuals nearly 20 cents on each and every greenback they pay out in insurance plan rates,” Commissioner Causey mentioned. “That’s why I’ve more than doubled the quantity of specific agents to crack down on fraud and other kinds of white-collar crime.”
More than the past three decades, CID Unique Brokers recovered nearly $12 million in fraudulent pursuits, and they returned the money to consumers and coverage organizations. Causey mentioned the restitution also helps preserve insurance policy fees.
To report suspected fraud, contact the N.C. Department of Insurance coverage Prison Investigations Division at 919-807-6840. Callers could remain anonymous. Information is also obtainable at www.ncdoi.gov.
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