Psychiatrist accused of prescription fraud - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 19, 2015 Newswires
Share
Share
Post
Email

Psychiatrist accused of prescription fraud

Richmond County Daily Journal (Rockingham, NC)

Nov. 19--CARTHAGE -- A Moore County psychiatrist accused of prescribing himself a powerful sleep aid and writing his wife prescriptions for sleeping pills and anti-anxiety drugs was arrested on Wednesday.

Dr. Olin Mackay Fox, 60, of Pinehurst was indicted by a Moore County grand jury Monday on six felony counts of obtaining a controlled substance by fraud, four felony counts of conspiracy to obtain a controlled substance by fraud and two felony counts of insurance fraud.

The case follows a six-month probe conducted by the Moore County Sheriff's Office and State Bureau of Investigation.

Indictments allege Fox, while on staff at Carolina Behavioral Care in Pinehurst, misused his authority as a physician and self-prescribed the controlled substance Ambien.

As listed in Monday's indictment, Fox prescribed his wife, Denise Fox, multiple controlled substances including Ambien and Lunesta, which are sleeping pills, and the anti-anxiety medications temazepam and lorazepam.

Fox is also accused of providing controlled substances to his stepson, David Etchison.

A legitimate doctor-patient relationship was not found between Fox, Denise Fox and David Etchison, officials said.

The illegal prescription activity took place for about three years and involved more than 5,200 prescription pills, according to investigators.

Olin and Denise Fox used their private insurance to pay for the fraudulent prescriptions, authorities said, which resulted in a cost of $14,242.44.

A public file concerning Fox and these allegations was issued by the North Carolina Medical Board earlier this year and is accessible on the board's website.

Olin Fox was arrested Wednesday and issued a $50,000 secured bond before being placed into custody at the Moore County Detention Center in Carthage.

The joint investigation is ongoing and additional information is being reviewed, officials said.

All defendants facing criminal charges are presumed innocent until and unless proven guilty in court.

___

(c)2015 the Richmond County Daily Journal (Rockingham, N.C.)

Visit the Richmond County Daily Journal (Rockingham, N.C.) at www.yourdailyjournal.com

Distributed by Tribune Content Agency, LLC.

Newer

Ameritas Life Insurance Corp Separate Account Llva Files SEC Form N-4, Registration Statement For Separate Accounts (Unit Investment Trusts) (Jun….

Advisor News

  • The overlooked retirement security risk that must be addressed
  • What advisors should know about hedge funds in retirement planning
  • Retirement control is top success measure for middle class, ACLI says
  • Industry groups applaud House passage of Financial Exploitation Prevention Act
  • Younger workers more likely to be eligible for a retirement plan after changing jobs
More Advisor News

Annuity News

  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
  • MassMutual Ranks No. 100 on the 2026 Fortune 500® List
  • What’s fueling record annuity growth?
  • Jackson Named InvestmentNews 2026 Annuities Provider of the Year
More Annuity News

Health/Employee Benefits News

  • STATEMENT OF REPRESENTATIVE DANNY K. DAVIS
  • Millions drop ACA coverage amid price jump Millions drop ACA coverage amid price jump. Did fraud inflate signups?
  • Hayes Introduces Bill To Lower Costs For Telehealth Patients
  • Researchers from City University of New York (CUNY) Detail New Studies and Findings in the Area of Mental Health Diseases and Conditions (The effect of Medicaid reimbursement for psychiatrists on the health care burden of serious mental illness): Mental Health Diseases and Conditions
  • Recent Reports from Chungbuk National University Hospital Highlight Findings in Stomach Cancer (A 5-year mortality-prediction model for patients with stomach cancer, based on the Korean nationwide health insurance claim database): Oncology – Stomach Cancer
More Health/Employee Benefits News

Life Insurance News

  • NAIFA praises House committee approval of Clarity for Compensation Act
  • PHL Variable liquidation pushed out to 2027, Connecticut regulators say
  • ‘Recession-Proof’ Insurance Is Trending. Safety Net or Scam?
  • Winged Keel Group Expands National Presence and PPLI Leadership, Welcomes SBSI, Inc. (dba NFP Insurance Solutions)
  • MassMutual Ranks No. 100 on the 2026 Fortune 500® List
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

A MYGA for Clients Hesitant to Commit to One Long-Term Rate
First-year certainty. Annual rate updates. Get the CurrentRate® MYGA Sales Kit.

Elite Networking & Insights Await at the Event of the Year
The industry's premier conference for leaders driving what’s next in financial services.

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet