Leland man arrested on insurance fraud
WALSTON.JPG

THIS INFORMATION FROM A NEWS RELEASE SENT TO THE WWAY NEWSCHANNEL 3 NEWSROOM

RALEIGH, NC (NCDOI) -- Insurance Commissioner Wayne Goodwin today announced the arrest of Joshua Rex Walston, 26, of 1567 Lanvale Road, Leland; he is charged with one count each of insurance fraud and obtaining property by false pretense.

Department of Insurance criminal investigators allege that on March 10, 2009, Walston reported his 2007 Dodge Ram pick-up truck stolen from his residence, filed a claim with his insurance company, and was subsequently paid $28,000 by Farmers Insurance Group. In October 2010, Brunswick County law enforcement received a tip that Walston’s truck was being hidden on a property he rented in Columbus County. As the result of a joint investigation by Department of Insurance criminal investigators, the Brunswick County Sheriff’s Office and the Columbus County Sheriff’s Office, law enforcement officials were able to recover the alleged stolen truck and charge Walston with filing a fraudulent claim to defraud Farmers Insurance.

Walston was arrested on July 20 in Brunswick County and placed under a $10,000 secured bond.

The Department of Insurance employs 20 sworn law enforcement officers dedicated to investigating claims of insurance fraud. In 2010, these criminal investigators successfully closed 402 cases and made 126 arrests, leading to 88 criminal convictions. These resulted in more than $21.1 million in restitution and recoveries—more than double the dollar amount from the previous year and a record for NCDOI.

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.

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.

The bond number has nothing to do with what he allegedly stole. Bonds of such numbers only come up in criminal contempt cases (99% of which are child support cases. The 10k is based on the crime possibly committed, flight risk and risk the individual poses to the community at large if released. Also the individuals never have to come up with full bond amount usually 10-15% which they pay the bondsman to get them out (granted if he has the 10k then he can bond out himself out but most people dont have the cash to get themselves outta jail and if they do those are the ones deemed flight risks anyway)...

Remember folks the word is alleged. He is innocent till proven guilty seems people forget that concept in the legal system all the time and just want to lynch somebody over an accusation or what not. Please do us all the sane people a favor and make sure you never end up on a jury because obviously you dont understand the concept of impartiality and prejudgement.

So nice of the suspect's mother to comment on the situation. Thanks for your imput!

Why is the bond amount only $10K instead of $28K, since that's the amount that he stole from the insurance company?