North Carolina Insurance Commissioner Mike Causey today announced the arrest of Matthew Jackson Swift, 42, of 402 Ladonia Church Road, Mount Airy. Swift is charged with two counts of insurance fraud, two counts of common law forgery, two counts of identity theft and two counts of common law uttering. All eight charges are felonies.
Special agents with the Department of Insurance’s Criminal Investigations Division, Swift twice applied and submitted claims against a life insurance policy he had fraudulently applied for in another individual’s name with Southern Farm Bureau Life Insurance Co. Swift is a former insurance agent with N.C. Farm Bureau.
According to the arrest warrant, the offenses occurred on Dec. 1, 2023.
Swift was arrested on Feb. 4 by Surry County Sheriff’s Deputies and released on a $75,000 secured bond. He is set to appear in Surry County District Court on Feb. 19.
Commissioner Causey encourages North Carolinians to help keep insurance premiums low by reporting suspicious fraud.
“Insurance fraud is not a victimless crime,” Commissioner Causey said. “It hits all of us in the pocket through higher premiums.”
Source: North Carolina Department of Insurance
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