For Immediate Release: August 23, 2011

Insurance Agent Arrested, Accused of Falsifying Documents

RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of David Sharlow, 36, of 109 Seabird Court, Sneads Ferry; he is charged with four counts of obtaining property by false pretense.

Department of Insurance criminal investigators allege that Sharlow, while working as an insurance agent for AFLAC insurance company in Jacksonville, received $41,481.43 in unearned commissions by submitting fraudulent insurance applications. Sharlow is accused of submitting 181 falsified applications under 96 real and fabricated names between August 2009 and March 2010.

Sharlow was arrested on Aug. 18 in Person County and placed under a $10,000 secured bond.

The Department of Insurance employs 20 sworn state law enforcement officers dedicated to investigating and prosecuting claims of insurance and bail bonding fraud. Since Insurance Commissioner Wayne Goodwin took office in 2008, criminal investigators have received more than 11,000 complaints, resulting in 505 arrests, 286 criminal convictions, and more than 100 cases currently pending a court appearance. These arrests have resulted in more than $44 million in restitution and recoveries for victims.

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 Criminal Investigations Division at 919-807-6840. Callers may remain anonymous. Information is also available at www.ncdoi.com.

--NCDOI--