Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Former California Agent Arraigned for Allegedly Stealing $380K in Premiums from Businesses
Mar 7 2024 // Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation...
Don’t Let Criminals Steal a Guest’s Good Time: Theft Awareness and Prevention in the Hospitality Industry
Mar 4 2024 // Theft is an opportunistic crime, and few places provide more opportunity for a criminal than a hotel or resort. From the moment that guests first pull into the parking lot until their eventual check out and departure,...
EU Lawmakers Approve Tougher Penalties for Environmental Crimes
Feb 27 2024 // The European Parliament on Tuesday approved tougher penalties for environmental crimes such as illegal timber trade, with offenses punishable by up to 10 years in prison and company directors prosecuted for corporate...
Lockbit Cybercrime Gang Says It Is Back Online Following Global Police Bust
Feb 27 2024 // Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has restored its servers and is back in business. The group, notorious on the...
Sotheby’s, Russians, Theft: Insurer Must Defend in High-End Miami Realty Suit
Feb 23 2024 // In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the biggest players in the market. This month, the firm is handling the rental of NBA superstar...
Bumble Faces Penalty for Failing to Disclose If Its Dating App Suitors Include Criminals
Feb 23 2024 // Texas-based internet dating service provider Bumble, Inc. will pay $315,000 and change its business practices to settle allegations it violated New Jersey’s consumer protection and internet dating safety laws by...
Georgia Sheriff’s Chief Aide Resigns After Indictment on Auto Insurance Fraud
Feb 22 2024 // The former chief of staff for an Atlanta-area sheriff has resigned after he was indicted on auto insurance fraud charges. Braxton Tyree Cotton, 42, top aide to Cobb County Sheriff Craig Owens, claimed in 2023 that his...
ANALYSIS: Trump’s Appeal of Civil Fraud Verdict May Hinge on ‘No Victims’ Defense
Feb 22 2024 // Donald Trump’s planned appeal of a $355 million judgment against him in his civil fraud case may focus on the former president’s contention that there were no actual victims from his conduct at issue in the...
What Is Cybercriminal Group Lockbit?
Feb 21 2024 // A cybercriminal group named Lockbit, which was broken up by an international law enforcement operation this week, has hacked some of the world’s largest organizations in recent months, stealing and leaking their...
FTX Investors Sue Sullivan & Cromwell, Say Law Firm Aided Fraud
Feb 20 2024 // FTX investors sued Sullivan & Cromwell, accusing the law firm of aiding illicit schemes that helped advance a multi-billion dollar fraud before the crypto exchange’s collapse. Sullivan & Cromwell’s...
Trump Avoids ‘Corporate Death Penalty’ in Civil Fraud Case, But Business Still Slammed
Feb 20 2024 // Donald Trump won’t face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented...
FBI, UK Crime Agency Say They Have Disrupted LockBit Cyber Gang
Feb 20 2024 // A coalition of international law enforcement agencies, including the FBI and UK National Crime Agency, said they have disrupted LockBit, one of the most prolific hacker groups of all time, including shutting down websites...
How Technology is Combating Insurance Fraud
Feb 19 2024 // This post is part of a series sponsored by AgentSync. We recently wrote in great detail about the different types of insurance fraud, including how to go about committing each type (just for informational purposes, of...
Officials Say California Family Arraigned for Auto Insurance Fraud Filed 40-Plus Claims
Feb 19 2024 // Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she and her husband, Moshe Ninio, allegedly stole customers’ personal information and...
Georgia, NC Women Face Insurance Fraud Charges After Auto Accident Claims
Feb 16 2024 // Georgia law enforcement authorities were searching for a Lawrenceville woman who allegedly submitted fabricated medical records in an auto insurance claim in an effort to collect $15,000, the state insurance commissioner...
Mississippi Governor Announces Law Enforcement Ops to Stem Capital City Crime
Feb 15 2024 // JACKSON, Miss. (AP) — Law enforcement officials have surged local, state and federal resources to Mississippi’s capital city for a new operation aimed at curbing violent crime, drug trafficking and other offenses,...
New York Attorney General Triples Size of Crypto Fraud Lawsuit to $3 Billion
Feb 14 2024 // New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants, tripling the size of their alleged fraud scheme to more than $3 billion. James had...
Citing Immunity Law, Judge Tosses Body Parts Theft Claims Against Harvard
Feb 13 2024 // A Massachusetts Superior Court judge has dismissed negligence, infliction of emotional distress and other claims against Harvard and the operators of its medical school’s anatomical gift program by relatives of...
Insurance Fraud on the March
Feb 12 2024 // Bonnie and Clyde, Ma Barker, Baby Face Nelson and Willie Sutton robbed banks. When asked by a journalist asked why he did, Sutton famously replied “because that’s where the money is.” If banks’ $3.1...
Federal Trade Commission Reports Nationwide Fraud Losses Topped $10B in 2023
Feb 12 2024 // Consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark, and a 14% increase over reported losses in 2022, newly released Federal Trade...
