According to investigators, Jones filed claims for more than $10,000 in damages for wrecks they say he staged. All of the claims were for 11 crashes between December 2005 and June 2008.
However, a report filed by the NC DOT indicates Jones was involved in a total of 36 crashes between April 200 and January 2007.
Insurance officials say the year-long investigation began with a tip from the DOT. The Highway Patrol and the Lumberton and Pembroke police departments were also involved in the investigation.
"Every year criminals cost the citizens of this state million of dollars," Commissioner Wayne Goodwin said in a news release received Wednesday. "My investigators are committed to stopping fraud and saving taxpayers' money."
Jones is also charged with one count of obtaining property by false pretense and nine counts of assault with a deadly weapon.
He was previously arrested by investigators in June and charged with one count of insurance fraud.
He being held in jail under a $20,000 bond.