Former N.C. Agent Charged with Embezzlement

October 22, 2003

North Carolina Insurance Commissioner Jim Long announced the arrest of Anthony Wayne Allen of Fayetteville, a former insurance agent charged with embezzling $60,000 from a Cumberland County woman. Allen is currently held in the Cumberland County jail on $1 million bond.

A telephone tip from a possible victim initiated the DOI investigation, which culminated in allegations that Allen failed to remit $60,000 in premium payments for a life and annuity policy under Life of Virginia, now GE Life and Annuity Assurance Company. Allen, who carried a life and health license since 1991, voluntarily surrendered his license last July.

Allen’s case will now be handed over to Cumberland County District Attorney Ed Grannis, Jr.

This arrest is the second in two days made by DOI investigators, who note that insurance fraud is a growing problem that costs taxpayers millions every year.

A day earlier, Deborah Flint Gilliam, a claims representative with Travelers Insurance Company, was arrested after a sting operation in Raleigh. Gilliam was accused of cheating and defrauding Travelers of $2,500.

Topics Agencies Abuse Molestation North Carolina

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