Man charged with attempting to defraud insurance company over Rolex
Thursday, January 8, 2009
GREENSBORO - A Greensboro man was arrested Thursday on charges he attempted to defraud his insurance company of a near $25,000.
Donnie Ray Cozart, 68, of 4603 Norsaw Court, is accused of reporting to Kemper-Unitrin insurance company that his Rolex watch had been stolen, according to arrest warrants.
However, authorities say Cozart sold the watch, valued at $24,950, and tried to make an insurance claim for that amount.
He was arrested by an agent with the N.C. Department of Insurance and charged with one count of insurance fraud.
Cozart was released from the Guilford County jail in Greensboro on a written promise to appear in court.
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