Former Raleigh insurance agent charged with pocketing insurance premiums
Posted June 23, 2014
Raleigh, N.C. — A former Raleigh insurance agent was arrested Monday for pocketing more than $58,000 in insurance premiums from policyholders, the state Department of Insurance announced.
James Howard Ellington, 74, of 2901 Market Bridge Lane, was charged with 10 counts of obtaining property by false pretense. Ellington allegedly failed to remit the premiums to insurance companies, said the department, which added that Ellington surrendered his state insurance licenses in May.
The state Department of Insurance has 20 sworn law enforcement officers who investigate and prosecute claims of insurance and bail bonding fraud.