Friday, February 01, 2008

 

Augusta Man Arrested For Phony Life Insurance Scheme

Carl Barcus is under arrest and charged with 14 counts of felony insurance fraud.

"He was collecting premiums and not sending them to the company. He was actually pocketing the money and using it to live off of," Georgia’s Insurance Commissioner John Oxendine said.

Oxendine says Barcus was fired from Atlanta Financial Group, Inc. in 2004, but kept collecting his clients life insurance premiums...

NBC Augusta: Augusta Man Arrested For Phony Life Insurance Scheme

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