Special Agents file insurance fraud charge against Guilford County man

RALEIGH

North Carolina Insurance Commissioner Mike Causey today announced that Francis Quarshie, 28, of 3634 Belmont St., Greensboro, was charged with insurance fraud and attempting to obtain property by false pretense, both felonies.

Special Agents with the Department of Insurance’s Criminal Investigations Division accuse Quarshie of trying to obtain $64,000 from N.C. Farm Bureau Insurance Co. by filing a loss-wage claim when he was not employed at the time.

According to the criminal summons, the offenses occurred between April 8 and Sept 26.

Special Agents served a criminal summons on Quarshie on Nov. 1. He is due in Guilford County District Court on Dec. 4.

Fraud is felt every time consumers pay their insurance premiums. Commissioner Causey estimates fraud costs North Carolinians between 15 and 20 cents on every dollar paid on insurance premiums.

"Insurance fraud affects our economy.  Not only does it damage insurance companies, it cheats businesses and consumers too," Commissioner Causey said. "This kind of white-collar crime is unacceptable. That's why I've doubled the number of Special Agents to investigate insurance fraud. Cracking down on fraud will put more money in the pockets of businesses and consumers.”

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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