For Immediate Release: August 18, 2016

Durham Man Charged with Conspiracy and Fraud

RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of David Keith Teasley, 49, of 5329 Guess Road, Durham; he is charged with one count each of insurance fraud, obtaining property by false pretense and felony conspiracy in Person County.

Department of Insurance criminal investigators accuse Teasley of providing fraudulent information to Foremost Insurance Company for a claim filed on a mobile home. Investigators allege Teasley conspired with Wendy McCorkle to fraudulently obtain payment for a fire that occurred on Feb. 13, 2015.

Teasley was arrested on Aug. 1 in Person County and placed under a $40,000 bond. A warrant for the arrest of Wendy McCorkle remains active.

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 1,500 arrests, resulting in more than 750 criminal convictions with more than 250 cases currently pending court. These efforts have delivered more than $72.1 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--