Monday, May 10, 2021

Raleigh man, claiming repossessed car was stolen, charged with insurance fraud

May 10, 2021

North Carolina Insurance Commissioner Mike Causey today announced the arrest of Karshi Demel Swinson-Davis, 21, of 307 Wolf Creek Circle, Raleigh. Swinson-Davis 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 Swinson-Davis of telling State Farm Insurance Co. that his 2009 Nissan Maxima was stolen from his residence when it had been repossessed.

The offenses occurred on May 23, 2019.

Swinson-Davis was arrested on April 23. He was given a $3,000 unsecured bond.

“Insurance fraud hurts consumers; it costs North Carolina consumers nearly 20 cents on every dollar they pay in insurance premiums,” Commissioner Causey said. “That’s why I’ve more than doubled the number of special agents to crack down on fraud and other types of white-collar crime.”

Over the past three years, CID Special Agents recovered nearly $12 million used in fraudulent activities. That money has been 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

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