Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Wisconsin Substance Center Owes $2M in Fraud Case
Mar 6 2023 // A federal judge has ruled that a now-shuttered Wisconsin substance abuse center and its CEO owe the state and federal government more than $2 million in a Medicaid fraud case. Online court records show U.S. District Judge...
Investigation Leads to Woman’s Insurance Fraud Conviction in Washington
Mar 6 2023 // An Edmonds, Washington, woman pled guilty to committing insurance fraud after an investigation completed by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. Eden Gebru pled guilty to the charge of...
Insurance Executive Lindberg Remains Free After Indictment on New Fraud Charges
Mar 6 2023 // A North Carolina business magnate remains free after he was indicted on charges he conspired to conduct a massive scheme to deceive insurance regulators and policyholders related to insurance companies that he...
Fraudulent Instruction, Data Theft Trends to Continue in 2023: Beazley Cyber Services Snapshot
Mar 6 2023 // Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report. Under fraudulent instruction scams, criminals use hacking and phishing...
Florida Injury Attorney Who Used LOPs Charged With Stealing $850,000 from Clients
Mar 2 2023 // A Tampa-area personal injury attorney, once active in auto accident, rideshare and other insurance claims litigation, has been arrested and charged with multiple counts of money laundering and grand theft. The Pinellas...
Call Me, Maybe? The Stealth Disappearance of Social Engineering and Fraudulent Instruction Coverage
Mar 2 2023 // Anyone who owns a cellphone or uses an email address has received a communication from a scammer seeking to extract confidential information or trick the recipient into sending money to foreign countries. These attempts...
Mitigating Risk in the Growing Battle Against Cargo Theft
Mar 2 2023 // This post is part of a series sponsored by IAT Insurance Group. Cargo theft remains a prominent threat to the transportation industry. In one high-profile case in 2022, three Florida men stole approximately $9 million...
Alabama Insurance Agent Charged with $600,000 in Fraud, Elder Exploitation
Mar 1 2023 // Authorities have charged an Alabama insurance agent, who formerly worked for Alfa Insurance, with more than $600,000 in fraud, theft and exploitation of the elderly. Bret Chappell, 43, of Warrior, Alabama, was arrested...
Owner of Hummer Found Buried in Alabama Indicted on Insurance Fraud
Feb 22 2023 // Ten months after a vehicle was found buried behind a barn in south Alabama, the former owner of the Hummer has been indicted by a grand jury. Bruce Parnell, of Washington County, reported the 2006 Hummer H2 stolen in 2016...
Connecticut Insurance Firm Owner Pleads Guilty in $40M Fraud Scheme
Feb 22 2023 // The owner and manager of a Connecticut insurance firm pled guilty this week in federal court in White Plains, New York to conspiracy to commit wire fraud and bank fraud, according to prosecutors. Between 2015 and 2019,...
Louisiana Insurance Commissioner Accuses Hurricane Claim Law Firm of Fraud
Feb 21 2023 // Louisiana Insurance Commissioner Jim Donelon announced Friday that his department issued a cease-and-desist order to McClenny, Moseley & Associates, a Houston-based law firm that filed more than 1,500 hurricane-damage...
‘Strike Force’ to Thwart Theft or Use of Disruptive Technology
Feb 21 2023 // US enforcement agencies are forming a “strike force” to combat adversaries trying to steal advanced technology, hack for financial gain or use new tools to collect intelligence. The move comes as government...
Insurer Can’t Object to Asbestos Makers’ Bankruptcy, Despite Fraud Concerns
Feb 17 2023 // A liability insurer has no standing to object to its insured’s bankruptcy plan, even if the carrier feels that the plan unfairly exposes it to potentially fraudulent claims, a federal appeals court decided this week...
Two Missouri Residents Plead Guilty to $1.2M Insurance Fraud Conspiracy
Feb 16 2023 // Two Columbia, Mo., residents pleaded guilty in federal court to their roles in a $1.2 million insurance fraud conspiracy that involved false claims of injuries suffered in car accidents. Latoya Marie Brown, 37, who also...
New Jersey Supreme Court Remands Workers’ Compensation Fraud Case for Allocation of Fault
Feb 16 2023 // There will be a jury retrial on allocation of liability in a New Jersey workers’ compensation premium fraud case won by Liberty Insurance Corp. against a construction firm. The New Jersey Supreme Court ruled...
Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi
Feb 15 2023 // A Mississippi physician has been sentenced to five years in prison for healthcare fraud connected to hospice operations in the state’s impoverished Delta region. Federal prosecutors said Dr. Scott E. Nelson, 58, of...
Hyundai, Kia Offer Software Upgrade to 8.3 Million Vehicles to Prevent Thefts
Feb 15 2023 // Hyundai Motor and Kia Corp. will offer software upgrades to 8.3 million U.S. vehicles to help curb increasing car thefts using a method popularized on TikTok and other social media channels, the Korean automakers said on...
Commodity Trader Trafigura Faces $577 Million Loss After Uncovering Nickel Fraud
Feb 10 2023 // Commodity trader Trafigura Group is facing more than half a billion dollars in losses after discovering metal cargoes it bought didn’t contain the nickel they were supposed to. nickel fraud Trafigura has spent the...
Former Iowa Insurance Producer Sentenced for Fraud Scheme
Feb 10 2023 // Former insurance producer Oscar Sanchez of Marshalltown was recently sentenced in Marshall County District Court after pleading guilty to his actions in an insurance fraud scheme. Sanchez pled guilty on December 8th, 2022,...
Unlicensed California Insurance Agent Sentenced for Stealing $140K from Business Owners
Feb 10 2023 // Robert Meseer, 69, of Westminster, California, was sentenced this week after pleading guilty to 55 felony counts of grand theft, insurance fraud and forgery. Meseer was sentenced to three years of supervised formal...
