North Carolina Insurance Commissioner Mike Causey today announced the arrest of Jeremiah Randall Whitt, 40, of 140 Hooper Ave., Yanceyville. Whitt was charged with obtaining property by false pretense.
Special agents with the Department of Insurance’s Criminal Investigations Division accuse Whitt of failing to return $5,162.01 in excess funds from a life insurance policy to the estate after burial expenses had been satisfied. Whitt owns a funeral home in Caswell County.
The offense occurred from Sept. 18, 2019, to Sept. 23, 2019.
Special agents arrested Whitt on Nov. 30. He is due in Caswell County District Court on Dec. 8.
“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.
