Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
14 Charged in Michigan in $3M Insurance Fraud Scheme
Oct 12 2021 // Fourteen people have been charged in conjunction with an insurance fraud and theft scheme uncovered by a joint investigation by the Michigan Department of Insurance and Financial Services (DIFS) and the Ogemaw County...
Ex-Homeless Shelter Head in Massachusetts Charged with Stealing $1.5M
Oct 8 2021 // The former head of a Massachusetts homeless shelter stole about $1.5 million in part by secretly renting properties he owned to the shelter at above-market rates, prosecutors said. Manuel Duran, 69, then falsely certified...
Florida Pool Company Charged with Swindling Homeowners, Insurance Fraud
Oct 7 2021 // The South Florida owners of a swimming pool company have been charged with swindling homeowners out of almost $2 million, as well as failing to obtain workers’ compensation insurance and insurance application...
California Pharmacy Owner Gets 5 Years for $13M Scheme Involving Insurance Fraud
Oct 7 2021 // A man who owned a Southern California pharmacy was sentenced to over five years in prison after he admitted submitting more than $13 million in fraudulent insurance claims for expensive medication. Thu Van Le, 42, pleaded...
Former Police Department Employee Sentenced for Bribery, Insurance Fraud
Oct 7 2021 // A former employee of the Metropolitan Police Department (MPD) was sentenced to 78 days in jail, to be spent on weekends, for accepting more than $40,000 in bribes in exchange for providing personal identifying information...
Pennsylvania Man Sentenced for Insurance Fraud After Staging Motor Vehicle Accident
Oct 6 2021 // A Pennsylvania man was sentenced to 180 days in the Essex County Correctional Facility as a condition of probation for committing insurance fraud when he staged a motor vehicle accident in Newark, New Jersey. James E....
Over 175 Bronze Vases Stolen from Louisiana Cemeteries
Oct 4 2021 // At least one person has been arrested after more than 175 bronze vases were stolen off graves in two southwest Louisiana cemeteries. More than 100 vases were stolen from Consolata Cemetery in Lake Charles and, next door,...
White House Plans 30-Country Meeting to Combat Ransomware and Cyber Crime
Oct 4 2021 // Top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday. An online session...
Houston Man Sentenced for $1.8M Insurance Fraud Scheme
Oct 1 2021 // A Houston businessman has been sentenced to prison for an insurance fraud scheme and ordered to pay more than $1.8 million in restitution, federal officials say. According to Acting U.S. Attorney Nicholas J. Ganjei for the...
Judge Says Wells Fargo Must Face Shareholder Fraud Claims
Oct 1 2021 // A federal judge on Thursday rejected Wells Fargo & Co’.s bid to dismiss a lawsuit claiming it defrauded shareholders about its ability to rebound from five years of scandals over its treatment of customers. The...
Longtime New York City Contractor Indicted for $1M Insurance Fraud
Sep 30 2021 // Manhattan District Attorney Cyrus R. Vance Jr. and New York City Department of Investigation (DOI) Commissioner Margaret Garnett announced the indictment of Dragonetti Brothers Landscaping, Nursery, & Florist (DBLNF)...
Employees May Not Be Working Inside Office Buildings, But Cyber Criminals Are
Sep 29 2021 // Powered by InsuranceJournal.tv The normal bustle inside of many office buildings has come to a halt during the pandemic switch to remote work, but these empty buildings could be inviting a different kind of activity: cyber...
Annual Financial Crime Compliance Costs Rise to $49.9B for Financial Institutions
Sep 28 2021 // Financial crime compliance costs for the U.S. and Canada are at nearly $50 billion in 2021, a rise of almost 20% from the year before, according to a new LexisNexis study. Labor costs, more regulations and evolving crime...
Connecticut Woman Charged with Workers’ Compensation Fraud, Larceny
Sep 27 2021 // A Wallingford, Connecticut, woman was arrested and charged with illegally collecting workers’ compensation benefits while being employed as a teacher for the City of Bristol Board of Education. Ann Marie Barros was...
Takeaways from Our Conversation on Crime at Cannabis Operations
Sep 27 2021 // Powered by InsuranceJournal.tv One big national insurance cannabis firm sifted through some of its claims data to tell us that many thefts at cannabis operations are occurring overnight, but more interestingly, based on...
Former New York Insurance Broker Sentenced to Prison for $1M Fraud Scheme
Sep 24 2021 // A former insurance broker is going to prison for defrauding insurance companies and individual investors out of more than $1 million. U.S. Attorney James P. Kennedy, Jr. announced that Brian Bartz of Rochester, New York,...
Ex-Official Sent to Prison for Stealing $2M From Illinois City
Sep 23 2021 // A man who stole $2 million from Kankakee, Illinois, and a regional wastewater agency was sentenced to nine months in federal prison and two years of home confinement. Richard Simms, 74, acknowledged diverting money through...
Maryland Couple Indicted in $20M Insurance Fraud Scheme
Sep 22 2021 // A federal district court in Baltimore, Maryland, unsealed an indictment charging a Maryland couple with conspiracy to commit insurance fraud and related charges for money laundering, filing false tax returns and identity...
North Carolina Mother, Son Charged With Insurance Fraud
Sep 22 2021 // Officials with a North Carolina agency have accused a mother and son of falsely telling an insurance company that her car and truck had been struck multiple times by deer and other animals. A news release from state...
Idaho Man Pleads Guilty to Insurance Fraud
Sep 21 2021 // Christopher Katsikaris of Nampa, Idao, was sentenced to two years of supervised probation and a $500 fine after being convicted of one count of insurance fraud. Katsikaris plead guilty to the offense on June 21 after it...
