For Immediate Release: March 5, 2015
Pender County Business Owner Accused of Faking Insurance Certificates
RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of James Quinn, 52, of 85 Golfers Drive, Hampstead; he is charged with one count of obtaining property by false pretense.
Department of Insurance criminal investigators allege that Quinn manufactured fraudulent certificates of workers' compensation and liability insurance for his business, Quinn's Equipment Company, in order to obtain work as a contractor for hog farm operations. Investigators accuse Quinn of using the fraudulent insurance certificates from at least 2007 to 2014 and earning more than $820,000 for work for which he would not have been hired had the employer known he did not have valid insurance coverage.
Quinn was arrested on March 5 in Pender County and placed under a $3,500 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 made more than 1,000 arrests, resulting in more than 500 criminal convictions with more than 200 cases currently pending court. These efforts have delivered more than $61 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.