Raleigh man charged with insurance fraud in stolen Rolex watches claim

North Carolina Insurance Commissioner Mike Causey today announced the arrest of James Henry Weeks III, 47, of 5200 Duckdown Court, Raleigh. Weeks was charged with insurance fraud and attempting to obtain property by false pretense, both felonies.

Special agents with the Department of Insurance’s Criminal Investigations Division accuse Weeks of attempting to obtain $8,900 from United Property & Casualty Insurance Co. by falsely reporting that two Rolex watches were stolen.

The offenses occurred between Sept. 19, 2020, and April 26, 2021.

Special agents and Wake County deputies arrested Weeks on Oct. 13. He was released under $5,000 secured bond.

“Insurance fraud hurts consumers,” Commissioner Causey said. “Approximately 20% of your insurance premium goes to cover the cost of fraud. That’s why I’m aggressively pursuing and prosecuting insurance fraud in North Carolina.”

If you suspect insurance fraud or other white-collar crimes, please report it. You may report fraud anonymously by calling the N.C. Department of Insurance Criminal Investigations Division at 919-807-6840. Information is also available at www.ncdoi.gov.

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Angela Brown
Angela Brown is the author of our Business & Economy section.