For Immediate Release: November 1, 2016

Franklin County Man Accused of Conspiring to Commit Fraud

RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the arrest of Timothy Allen Green, 54, of 1220 Sledge Road, Louisburg; he is charged with one count each of insurance fraud and felony conspiracy.

Department of Insurance criminal investigators accuse Green of conspiring in the disposal of a vehicle claimed to have been stolen with National Green Insurance Company on Aug. 15, 2016. Investigators allege Green knowingly made statements to support claims the vehicle was stolen in an attempt to obtain insurance benefits.

Green was arrested on Oct. 25 in Franklin County and place under a $100,000 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.

--NCDOI--