DOI News

For Immediate Release: Contacts:
January 5, 2010 Kristin Milam
Johanna Royo
Local Woman Arrested on Charges of Embezzlement
RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of Sheila Carol Williams, 47, 572 Peach Orchard Road, Mayodan. Department investigators allege that between July and October 2009, Williams used her position as a customer service representative in the N.C. Farm Bureau, Madison office to steal premiums from customers bringing in cash payments. The scheme was discovered when a customer noticed that her insurance policy was about to lapse and notified the Madison office.
N.C. Farm Bureau has corrected any problems with customer policies. According to the arrest warrant, Farm Bureau lost nearly $3,000. Williams is charged with one count of embezzlement. She was processed at the Rockingham County Sheriff's Office and released on a written promise to appear in court on Jan. 13.
The Department of Insurance employs 20 sworn law enforcement officers dedicated to investigating claims of insurance fraud. So far in 2009, these criminal investigators have seen more than 241 cases successfully closed with more than $9.7 million in restitution and recoveries, 67 criminal convictions and 123 arrests and 92 cases pending in court.
An estimated 10 cents of every dollar paid in premiums goes toward the payment of fraudulent claims. To report suspected fraud, contact the Department of Insurance Investigations Division at (919) 807-6840. Callers may remain anonymous. Information is also available at the NC-DOI Web site.
-- NCDOI --