For Immediate Release: February 28, 2013

Wilson County Funeral Director Arrested for Alleged Forgery and Insurance Fraud

RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of Tyrone Powell Jones, 61, of 1312 Fikewood Street E., Wilson; he was charged with one felony count each of obtaining property by false pretense, insurance fraud, notary acknowledgement/verify administer oath/affidavit fraud, forgery and uttering a forged endorsement.

Department of Insurance criminal investigators allege that on April 13, 2012, while acting as a funeral director, Jones forged a beneficiary’s name on a life insurance policy that entitled him to power of attorney and the proceeds of the policy. Investigators accuse Jones of then notarizing the fraudulent document and submitting it to Charlotte Mutual Insurance Company, which paid Jones approximately $798 for the claim.

Jones was arrested on Feb. 27 with the assistance of the Wilson County Sheriff’s Office and placed under a $3,500 unsecured bond. He is scheduled to appear in Wilson County Court on March 1.

If you suspect that you are a victim of a similar scheme, you are urged to contact the North Carolina Department of Insurance Criminal Investigations Division at (919) 807-6840.

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 16,800 complaints, resulting in 720 arrests and 380 criminal convictions. These efforts have delivered more than $50 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--