Fraud of the Week: GMAC Drives Fraud Ring Out of Business

According to North Carolina Department of Insurance officials, Rayon Artis partnered with three of his friends -- Arturo Carmen, Jermaine Keys, and Shawna Smith -- to stage auto accidents in order to

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Four North Carolina residents were arrested this month for their roles in an auto insurance fraud-ring scheme.

According to North Carolina Department of Insurance officials, Rayon Artis partnered with three of his friends — Arturo Carmen, Jermaine Keys, and Shawna Smith — to stage auto accidents in order to submit false claims to insurers. The team proved to be highly effective; through their efforts, the foursome were able to net more than $100,000 in false claim payments over the course of four years.

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