For Immediate Release: March 30, 2012
Arrests Made in Alleged Forged Life Insurance Policy Scheme
RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrests of Harvey Griffin, 38, of 4500 Deborah Drive, Nashville; and Juanita Powell Phillips, 76, of 624 Walton Circle, Rocky Mount.
Griffin was charged with one count each of obtaining property by false pretense and insurance fraud. Phillips was charged with one count of common law forgery.
Department of Insurance criminal investigators accuse Phillips, who is separated from her husband, of forging her husband’s name on a whole life insurance policy on Sept. 23, 2011, with the consent of Harvey Griffin, a licensed insurance agent. Investigators allege that Griffin knowingly submitted the forged policy to American Continental Insurance Company and, as a result, received $393.75 in commission.
Phillips was arrested on March 19, 2012; she was taken before magistrate in Edgecombe County and released under a written promise. Griffin was arrested on March 27, 2012; he was processed at the Edgecombe County Sheriff’s Office and placed under a $10,000 unsecured 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 2009, criminal investigators have received more than 14,000 complaints, resulting in 602 arrests, 333 criminal convictions and more than 110 pending court cases. These efforts have delivered more than $48.5 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.