For Immediate Release: August 25, 2016
Hoke County Man Charged with Insurance Fraud
RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of Travis Lee Richmond, 43, of 180 Westminster Drive, Raeford; he is charged with one count of insurance fraud.
Department of Insurance criminal investigators accuse Richmond of presenting a false claim to GEICO Insurance Company for damages that had been filed previously in 2012.
Richmond was arrested on Aug. 23 in Hoke County and placed under a $3,000 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 1,500 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.