For Immediate Release: April 14, 2014

Three Arrested in Cabarrus County for Alleged Unlicensed Insurance Sales

RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrests of three people in Cabarrus County for allegedly selling auto insurance without being licensed by the North Carolina Department of Insurance.

Marc Stacy Glover, 46, of 26431 Valley Drive, Albemarle, was charged with one count each of obtaining property by false pretense and acting as an insurance agent without a license. Glover was arrested on April 10 and released under a written promise to appear in court on April 15.

Corey Sean Hamilton, 24, of 12824 Clydesdale Drive, Midland, was charged with two counts each of obtaining property by false pretense and acting as an insurance agent a license. Hamilton was arrested on April 10 and released under a written promise to appear in court on April 15.

Rose Rios Hernandez, 33, of 1878 Highway 24-27 East, Midland, was charged with two counts each of obtaining property by false pretense and acting as an insurance agent without a license. Hernandez was arrested on April 10 and released under a written promise to appear in court on April 15.

Department of Insurance criminal investigators allege that each of the suspects — while working as sales representatives for different Cabarrus County car dealerships — negotiated, contracted and accepted funds for auto insurance coverage during the sale of vehicles in February and March 2014. None of the suspects are currently licensed with the Department of Insurance to conduct insurance business, and therefore the insurance policies are not valid.

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 made more than 800 arrests, resulting in more than 430 criminal convictions. These efforts have delivered more than $55 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--