For Immediate Release: April 5, 2013
Former Deputy Fire Chief Accused of Embezzling Funds
RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of George Fredrick Moore III, 48, of 170 Lake Haven Drive, Snead Ferry; he was charged with four felony counts of embezzlement.
Department of Insurance criminal investigators allege that between Feb. 23, 2009, and March 8, 2012, while acting as deputy fire chief of the North Topsail Beach Volunteer Fire Department, Moore embezzled approximately $61,000 from the department’s Firefighters’ Relief Fund. The purpose of the fund is to provide financial assistance to firefighters who have been injured or killed while performing fire department duties. Investigators accuse Moore of withdrawing money on 22 separate occasions for his personal use.
Moore was arrested on April 4 with the assistance of the Onslow County Sheriff’s Office and placed under a $40,000 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 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.