William Chatham, III
LINCOLN COUNTY, N.C. – The Lincoln County Sheriff’s Office arrested a man they say hid a motorcycle and trailer, reported them stolen and filed a false insurance claim.
William Minford Chatham, III, 38, of Vale, was arrested on Monday and charged with two counts of felony insurance fraud.
Back in mid-October, authorities say Chatham reported that his enclosed trailer which contained a Harley Davidson FLHX Street Glide motorcycle, had been stolen. Officials say the items have a combined value of about $27,500.
Chatham then filed a claim with State Farm Insurance for the missing property, officials say, full knowing the claim contained false information.
In early-May, Shelby Police learned the trailer and motorcycle had been placed in a storage unit in the city, leading Lincoln County Sheriff’s Deputies to recover the items and file charges against Chatham.
Chatham posted his $5000 bail.
