For one Tar Heel resident, the gig is up.
North Carolina Insurance Commissioner Wayne Goodwin recently announced the arrest of James Quinn, 52, of 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.
Defendant Allegedly Stole for Number of Years
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.
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.
Author Kori Shafer-Stack, Editor, Amaxx Risk Solutions, Inc. is an expert in post-injury response procedures and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. www.reduceyourworkerscomp.com. Contact: email@example.com.
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