Investigators with the North Carolina Department of Insurance last week charged a man with swindling almost $1 million and attempting to gain another $887,500 from travel insurance companies from 2020 to 2024.
Michael Gerard Renna, 50, of Clayton, near Raleigh, was charged with 26 counts of insurance fraud, 18 counts of obtaining property by false pretenses and 10 counts of attempting to obtain property by false pretenses, Insurance Commissioner Mike Causey announced.
Renna allegedly forged medical documents and altered identification, credit card statements and flight information, then submitted the documents along with claims for travel losses. He was arrested Friday and was being held on $1 million bond in the Johnston County jail ahead of a Monday court appearance, according to the county sheriff’s office.
The North Carolina Department of Insurance did not name the travel insurance companies that were defrauded or explain how the scheme was uncovered.
Topics Fraud North Carolina