Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Hurricane Irma’s ‘Last Gasp’: 3-Year Claims Deadline Put to the Test
Sep 10 2020 // It’s been 3 years since Hurricane Irma made landfall in Florida as a Category 4 storm, and the trail of damage left in its wake is still being felt across the state today, particularly by the insurance industry as it...
Alabama Warns of Increase in Cybercrime During Pandemic
Sep 8 2020 // State securities officials say cybercrime including email attacks are on the rise during the pandemic, and they’re warning people to be careful online. A statement from the Alabama Securities Commission says social...
CDI: 3 Charged with Auto Insurance Fraud, Forgery in California
Sep 7 2020 // Three Californians have been charged with multiple felony counts of insurance fraud and forgery for allegedly filing fraudulent insurance claims on a former employee’s policy and intercepting insurance checks to...
Louisiana Insurance Producer Accused of Forgery, Fraud
Sep 2 2020 // A Monroe, La., insurance producer has been served with a cease and desist order alleging various unauthorized actions including false information on insurance applications, altering or forging names on checks and...
VP Pence Advisor Troye Joins Insurance Crime Bureau
Sep 1 2020 // Olivia Troye, who most recently served as the homeland security and counterterrorism advisor to Vice President Mike Pence, has joined the National Insurance Crime Bureau (NICB) as the association’s vice president of...
Drones Help Insurance Companies Check Windstorm Damage in Iowa
Aug 31 2020 // Insurance adjusters who descended on Cedar Rapids, Iowa, after the Aug. 10 derecho storm are using drones to check roofs and asking homeowners with less severe damage to take their own photos. Some of this is due to the...
FBI Recovers $3M in Stolen Ventilators in South Florida
Aug 28 2020 // A $3 million shipment of ventilators stolen that was stolen earlier this month was recovered in South Florida, the FBI said in a news release. The agency said the ventilators were being prepared for shipment to El Salvador...
Virginia Man Pleads Guilty to $1M Virus Fraud Scheme
Aug 27 2020 // A northern Virginia man has pleaded guilty to a $1.4 million fraud scheme to obtain federal funds meant for businesses struggling under the coronavirus pandemic. Tarik Jaafar, 42, of Woodbridge, admitted in U.S. District...
CDI: 3 Charged with Auto Insurance Fraud, Forgery in California
Aug 25 2020 // Three Californians have been charged with multiple felony counts of insurance fraud and forgery for allegedly filing fraudulent insurance claims on a former employee’s policy and intercepting insurance checks to...
Experts Puzzled by Decline in Insurance Fraud Tips via Technology
Aug 25 2020 // Even though insurers have invested heavily in fraud-fighting technology, the percentage of referrals from automated systems accepted by special investigation units has declined to 15 percent from 22 percent in the past two...
Former California Agent Charged in $55K Insurance Fraud
Aug 25 2020 // Former Westlake Village, Calif., insurance agent has been arraigned on multiple felony counts of grand theft, burglary, and financial elder abuse for allegedly stealing over $55,000 in clients’ insurance premiums,...
11 Charged in Louisiana Staged Truck Crash Insurance Fraud Scheme
Aug 25 2020 // Eleven people have been in indicted in what law enforcement officials say is an expanding probe into tractor-trailer accidents staged in New Orleans, Louisiana, to defraud trucking and insurance companies. The 11 accused...
Anbang, Andy Bang, $1 Trillion in Claims. Ritz-Carlton Mystery Gets Its Day in Court.
Aug 24 2020 // When a 26-year-old Uber driver walked into a California deeds office two years ago, it was the real-estate equivalent of a butterfly flapping its wings and causing a tsunami half a world away. Hired by an elderly Chinese...
Florida Mayor, City Attorney Charged in $5M Hurricane Michael Fraud Scheme
Aug 21 2020 // The mayor and city attorney of a Florida Panhandle city are the latest to be charged in the theft of $5 million in Hurricane Michael debris removal funds, prosecutors announced Wednesday. Lynn Haven Mayor Margo Anderson...
New York Regulator Issues Insurance Fraud Action Against Two Opioid Manufacturers
Aug 20 2020 // The New York State Department of Financial Services (DFS) has filed charges and initiated administrative proceedings against Teva Pharmaceutical Industries Ltd. and its subsidiaries, as well as Allergan PLC and its...
Philadelphia Officer’s Widower Charged with Fraud in Benefits Collection
Aug 19 2020 // The widower of a Philadelphia police officer who died while on duty has been charged with fraud after authorities say he collected hundreds of thousands of dollars worth of workers’ compensation death benefits after...
China Makes Investor Class Actions Easier in Crackdown on Corporate Fraud
Aug 19 2020 // China wants its army of mom-and-pop investors to take corporate fraudsters to task with landmark class action lawsuits, but heavy government involvement means they are not likely to be as common as in other legal systems,...
Dallas Doctor Sentenced to 5.5 Years in Prison for Health Care, Insurance Fraud
Aug 14 2020 // A Texas-based anesthesiologist has been sentenced to five and a half years in prison and ordered to pay more than $82.9 million in restitution for his part in a $200 million healthcare and insurance fraud scheme, according...
California Construction Worker Arraigned for Workers’ Comp Fraud
Aug 11 2020 // Meliton Hernandez Martinez Jr., 23, was arraigned today at the Merced County Superior Court in California on multiple felony counts of insurance fraud and a misdemeanor count of filing a false police report, after...
Idaho Man Sentenced for ‘Crash And Buy’ Insurance Fraud
Aug 11 2020 // Riley Presher, of Twin Falls, Idaho, was sentenced on Monday for insurance fraud in violation of Idaho Code 41-293. Presher on Dec. 15, 2017, purchased insurance and filed a claim for an accident he stated occurred that...
