Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Man Charged with Assuming Identity of N.J. Doctor in $1M Insurance Fraud Scheme
Jul 13 2018 // A Florida man has been charged with assuming the identity of a New Jersey doctor to submit more than $1 million in fraudulent medical claims for services allegedly rendered at a Morris County medical center that, in...
Massachusetts Woman Pleads Guilty to Stealing about $2.7M from Employer
Jul 12 2018 // A Massachusetts woman has pleaded guilty to stealing about $2.7 million from her former employer. Federal prosecutors say 57-year-old Debra Mulloy, of Milford, pleaded guilty on Tuesday to aggravated identity theft and...
Top 10 Metro Areas for Car Theft
Jul 12 2018 // The Albuquerque, New Mexico metropolitan statistical area (MSA) repeats as having the highest per capita auto theft rate in 2017, according to the National Insurance Crime Bureau’s (NICB) latest Hot Spots report. New...
How One Hedge Fund Has Pursued $360M Financial Fraud Claim Against Big Bank
Jul 12 2018 // When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund...
Impact of Court Ruling Chubb Unit’s Crime Policy Covers ‘Spoofed’ Wire Transfer
Jul 9 2018 // In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New York has upheld a lower court ruling that a commercial crime insurance policy covers wire transfer losses...
Reward Upped to $20K for Artifacts Stolen in 1980 from University of Alabama
Jul 9 2018 // The reward for information leading to the recovery of more 260 artifacts stolen from the University of Alabama’s Moundville Archaeological Park decades ago has been increased from $15,000 to $20,000. Dr. Jim Knight,...
20 Accused of Stealing Heavy Equipment Worth $765K in Texas
Jul 5 2018 // Investigators in San Marcos, Texas, say 20 people have been indicted for allegedly being part of a Texas crime ring that stole heavy equipment and sold the expensive items for cash or drugs. San Marcos police on July 3...
Former Iowa Insurance Claims Rep Pleads Guilty to Fraud Charge
Jul 2 2018 // A former claims representative in West Des Moines, Iowa, has pleaded guilty to defrauding an insurance company, the Iowa Insurance Division reported. Cora Harrington entered a guilty plea on June 25, 2018 to Fraudulent...
Former Hawaii Police Officer Pleads Guilty to Insurance Fraud
Jul 2 2018 // A former Honolulu, Hawaii police officer suspected of staging a home burglary pleaded guilty to two charges of insurance fraud related to the incident. Travis E. Copeland pleaded guilty last week and faces up to five years...
North Texas Attorney Charged with $400K Insurance Fraud
Jul 2 2018 // A Travis County grand jury has indicted a Texas attorney on charges of workers’ compensation fraud for allegedly billing clients for services that were not provided, false billing and tampering with a government...
Connecticut College Savings Plan Accounts Breached, $1.4M Taken
Jun 29 2018 // State Treasurer Denise Nappier announced Wednesday that 21 Connecticut Higher Education Trust college savings accounts were recently breached, resulting in more than $1.4 million in unauthorized withdrawals. Nappier said...
New Jersey Chiropractor Gets Prison Term for Medical Fraud Ring Role
Jun 27 2018 // A chiropractor involved in a medical fraud ring that bilked nearly $4 million overall from several insurers is now headed to prison. John Langeraap received a three-year sentence Friday. The 39-year-old Sparta, N.J., man...
Texas Attorney Sentenced for Insurance Fraud Involving Hail Claims
Jun 26 2018 // A former Texas attorney is headed to prison on charges of insurance fraud and barratry for a scheme involving fraudulent lawsuits filed after hail storms, the state insurance department announced. A Tarrant County judge...
Vermont School District Says $50K Stolen Electronically
Jun 26 2018 // A Vermont school district says $50,000 was stolen electronically from one of its bank accounts. Cindy Brownell, the board chair of the Pownal Elementary School District, says officials believe the theft occurred from...
Fine Art Theft Is Relatively Easy – but Selling Stolen Art Is Almost Impossible
Jun 26 2018 // Ten days ago, a Banksy print valued at about $40,000 was stolen from a Canadian exhibit of the artist’s work. It was a seemingly effortless crime—a man walked in, took the work off the wall, and walked out—but...
Florida Man Sentenced to Five Years’ Probation for Workers’ Comp Fraud
Jun 25 2018 // A Trinity, Fla., man has been sentenced to five years’ probation, with the first six months to be served on home detention, for making a false statement in connection with his workers’ compensation benefits. As...
Timeline: More Than $1 Billion in Cryptocurrency Thefts Since September 2012
Jun 22 2018 // Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32...
Texas Attorney Charged with Workers’ Compensation Fraud
Jun 20 2018 // Workers’ compensation insurer, Texas Mutual Insurance Co. reported that a Travis County grand jury has indicted attorney Leslie Casaubon of Lewisville, Texas, on three counts of workers’ compensation...
South Carolina Searching for Man Stealing Cars from Dealerships
Jun 20 2018 // Police across South Carolina are trying to find a man who is taking cars from dealerships across the state. Sumter County deputies said Monday the man most recently stole a new car from a Sumter dealership, drove it to...
Supreme Court to Hear Appeal Over Liability for Securities Fraud
Jun 18 2018 // The U.S. Supreme Court on Monday agreed to hear an appeal by a New York investment banker banned from the industry by the Securities and Exchange Commission in a case that could limit the scope of those who can be held...
