Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
New Jersey USPS Mail Carrier Charged with Workers’ Compensation Fraud
Jun 10 2021 // A New Jersey U.S. Postal Service (USPS) mail carrier has been charged with making false statements to obtain federal workers’ compensation benefits. Aida Perez, of Roselle Park, New Jersey, has been charged by...
2 Arkansas Docs Sentenced to Federal Prison for Prescription Fraud
Jun 8 2021 // Two Arkansas physicians were sentenced in late May to a combined 150 months in federal prison for distributing pain medicines without a prescription. Cecil. W. Gaby, 71, of Fort Smith, and Robin Ann Cox, 64, of Rogers,...
CEO of Massachusetts Insurance Agency Charged in Connection with Fraud Scheme
Jun 7 2021 // The president and CEO of a Taunton, Massachusetts, insurance agency has been indicted in connection with an alleged embezzlement scheme that left client companies uninsured, Attorney General Maura Healey announced. David...
Supreme Court Rejects Government’s Reading of Computer Fraud Law in Police Case
Jun 3 2021 // A Georgia police officer did not violate federal computer fraud law when he used his patrol car computer to access information on a license plate in exchange for money, even though his action violated his...
Revised Oklahoma Cybercrime Bill Sent to Governor
May 27 2021 // Oklahoma business owners may soon have a bit more protection against the growing threat of cybercrime as the revised House Bill 1759 passed the House and moves to the Gov. Kevin Stitt for his signature. HB1759, authored by...
Texas Nurse Practitioner Gets 20 Years, Must Pay Over $52M in Healthcare Fraud Case
May 27 2021 // A Waxahachie, Texas, nurse practitioner has been sentenced to 20 years in federal prison and ordered to repay more than $52 million in restitution for his role in a healthcare and insurance fraud scheme, according to...
Michigan Doctor Charged with Felony Insurance Fraud
May 26 2021 // A West Bloomfield, Mich., physician has been charged with insurance fraud and dispensing prescriptions without a license, the state attorney general’s office reported. Michigan Attorney General Dana Nessel has...
Fire Site in UP Michigan Town Being Treated as a Crime Scene
May 25 2021 // State and federal authorities are pitching in as investigators try to determine the cause of a fire that destroyed three buildings in the historic downtown of an Upper Peninsula village. Investigators in Calumet were...
Delaware Man Sentenced to Prison for Role in $2M Fraud Plot
May 24 2021 // A Delaware man was sentenced on Friday to nearly four years in prison for his role in a plot to defraud a beauty product manufacturer out of more than $2 million. U.S. District Judge James Bredar in Baltimore also ordered...
Ex-Gynecologist in Virginia Gets 59 Years on Fraud Conviction
May 20 2021 // A former gynecologist in Virginia who was convicted on fraud charges for performing unnecessary surgeries and procedures was sentenced Tuesday to 59 years in prison. Dr. Javaid Perwaiz also was ordered to pay $18.5 million...
Corporate Crime: How Fidelity Bonds May Reduce Its Impact on Your Business
May 17 2021 // This post is part of a series sponsored by Old Republic Surety. Fidelity bonds differ from liability insurance and errors and omissions insurance. They protect against corporate crime. Does your commercial client’s...
Michigan Man Must Pay Nearly $775K Restitution in Insurance Fraud Case
May 17 2021 // A Michigan man has been ordered to pay restitution of nearly $775,000 for an alleged insurance scam, the state insurance department says. Michigan Department of Insurance and Financial Services (DIFS) Fraud Investigation...
California Flooring Business Owners Charged for $3.8M Workers’ Comp Fraud
May 14 2021 // Ryan Black, 45, formerly of Fair Oaks, Calif., and Curtis Davis, 53, of Penryn, were both charged this week with three felony counts of workers’ compensation fraud after allegedly underreporting payroll and employees...
New Oklahoma Workers’ Comp Fraud Law Goes in Effect Nov. 1
May 14 2021 // Oklahoma Gov. Kevin Stitt on May 7 signed into law legislation creating new penalties for workers’ compensation fraud. The legislative summary for House Bill 2236 states that anyone “failing to report to an...
Cryptocurrency Crime Declines But ‘DeFi’ Fraud Soars: CipherTrace
May 14 2021 // Losses from cryptocurrency theft, hacks and fraud fell sharply in the first four months of the year, but crime in the booming “decentralized finance” space hit an all-time high, a report from crypto...
Louisiana Insurance Agent Arrested on Fraud Charges
May 12 2021 // A Louisiana insurance agent was arrested on May 10, following an investigation by Louisiana State Police into allegations of insurance fraud. The Louisiana Department of Insurance had revoked the property/casualty producer...
Miami Construction Co. Owner Arrested in $88K Workers’ Comp Fraud Scheme
May 11 2021 // A construction company owner was arrested in Florida this month for workers’ compensation premium fraud and grand theft for allegedly concealing payroll information to avoid paying more than $88,000 in workers’...
Former California Agent Arraigned for Allegedly Stealing Insurance Payments
May 10 2021 // Formerly licensed insurance agent Danny Raymond Armenta, 48, of Clovis, Calif. was arraigned on Monday in Fresno Superior Court on multiple felony counts of embezzlement, grand theft and diversion of fiduciary funds after...
Insurer AXA to Stop Paying for Ransomware Crime Payments in France
May 9 2021 // In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. AXA, among...
S.D. Neurosurgeon, 2 Companies Settle Kickback, Fraud Allegations for $4.4M
May 4 2021 // A South Dakota-based former Sanford Health neurosurgeon and two medical device distributorships that he owns will pay $4.4 million to settle allegations that they defrauded the federal government through illegal kickback...
