Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Florida Workers’ Comp Fraud Sting Leads to 9 Arrests
Sep 28 2015 // The Florida Department of Financial Services’ Division of Insurance Fraud (DIF) announced nine arrests following a multi-agency workers’ compensation sting in Manatee County, Florida. These nine individuals...
Former Mayor of Georgia Town Pleads Guilty to 12 Counts of Insurance Fraud
Sep 28 2015 // Former Milledgeville, Ga., Mayor Richard Bentley has pleaded guilty to 12 counts of insurance fraud. Multiple media outlets report that Bentley was sentenced in Baldwin County Superior Court to 10 years probation, given a...
Former Florida Insurance Agent Arrested for Stealing $20K in Premiums
Sep 23 2015 // The Florida Department of Financial Services’ Division of Insurance Fraud (DIF) announced the arrest of Lisa Dwyer, 49, a formerly licensed insurance agent employed by Southeast Insurance Agency in Davie, Fla., after...
Trying to Put a Price Tag on Volkswagen’s Emission-Fraud Scandal
Sep 22 2015 // An $18 billion liability figure attached itself last Friday to Volkswagen’s diesel disaster. This morning comes news that the German car maker has set aside $7.3 billion (€6.5 billion) to cover a scandal spreading...
15 Nabbed in $150M Insurance Scam That Included Unnecessary Surgery
Sep 17 2015 // Unnecessary surgeries performed by untrained assistants are among the allegations in an indictment detailing a $150 million insurance scheme, among California’s biggest ever. Orthopedic surgeon and alleged ringleader...
GM to Pay $900M to Settle Criminal Probe Into Faulty Ignitions
Sep 17 2015 // General Motors Co. agreed to pay $900 million and admit to misleading the government and the public about the safety of its vehicles to end a U.S. criminal investigation into its handling of defective ignition switches...
CVS Settles Fraud Claims by Investors for $48M
Sep 17 2015 // CVS Health Corp. reached a $48 million settlement of a lawsuit accusing the U.S. drugstore operator of fraudulently concealing a big loss of revenue in its pharmacy benefits manager business, culminating in a plunge in its...
Starr Companies Launches Fraudulent Impersonations Coverage
Sep 17 2015 // Starr Companies has launched fraudulent impersonations coverage, a new insurance product that covers the various kinds of theft damages that result from social engineering fraud, such as internet phishing scams. Fraudulent...
Fraud Ruling Against Texas Doctor Stands
Sep 16 2015 // The Austin (Texas) Court of Appeals has upheld felony workers’ compensation fraud-related charges against Howard T. Douglas III, M.D., for using his company — Western Medical Evaluators — to deliberately overbill...
Nebraskan Pleads No Contest in Insurance Fraud Case
Sep 16 2015 // A North Platte, Neb., man accused of driving his car into a canal so he could collect on his insurance has taken a plea deal with prosecutors. Thirty-two-year-old Josh Salisbury has pleaded no contest and been convicted of...
Georgia Man Pleads Guilty to 23 Counts of Insurance Fraud
Sep 16 2015 // Georgia Insurance Commissioner Ralph Hudgens announced that Bibb County, Georgia, resident William Emerson Scruggs, 54, pleaded guilty to 23 counts of insurance fraud. Bibb County Superior Court sentenced Scruggs to three...
Ohio Leads the U.S. in Insurance Claims for Copper Theft
Sep 14 2015 // Ohio leads the country in the number of insurance claims for thefts of copper and other kinds of metals, according to a report released Wednesday by the National Insurance Crime Bureau. The report shows that Ohio reported...
California Siblings Sentenced For Workers’ Comp Fraud
Sep 14 2015 // A California brother and sister who owned a landscaping service won’t contest charges that they duped several workers’ compensation carriers out of more than $200,000. Michael George Mello Jr., 37, and his...
XL Catlin Introduces Commercial Crime Insurance Policy
Sep 11 2015 // To help businesses recover from the financial repercussions of corporate crime, XL Catlin’s Global Crime business has introduced a new commercial crime insurance policy in the US. According to Greg Bangs, chief...
Justice Department to Target Executives in White Collar Crime Push
Sep 10 2015 // The U.S. Justice Department has issued new guidelines that emphasize prosecuting individual executives in white-collar crime cases, and not just their corporations. Deputy Attorney General Sally Yates, author of a memo...
Members of Ohio Auto Insurance Fraud Ring Sentenced
Sep 9 2015 // Two additional members of a Cincinnati-area fraudulent auto insurance claim ring have been sentenced in Hamilton County Common Pleas Court, the Ohio Department of Insurance announced. The three main participants in the...
Lawsuit over Beer Cup at Idaho Arena Moves Forward, Fraud Claims Dropped
Sep 8 2015 // An Idaho judge has tossed out portions of a lawsuit against the owner of a Boise area, where a handful of hockey fans contend they were victims of a beer scam. According to KBOI-TV, Ada County Judge Deborah A. Bail nixed...
BASF Case Shows How Liabilities May Emerge Long After Acquisition
Sep 8 2015 // When BASF SE acquired Engelhard Corp. nine years ago for $5 billion, executives unknowingly inherited a ticking legal time bomb. It all began decades ago over the seemingly mundane industrial product talc, used in...
2 Miami Residents Accused of Conducting $200K in Illegal Insurance Transactions
Sep 8 2015 // The Florida Department of Financial Services’ Division of Insurance Fraud (DIF) announced the arrests of Miami residents Alina Del Prado, 60, and Karla Patricia Figueroa, 40, who are accused of deceptively using...
Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case
Sep 7 2015 // A federal appeals court has decided that a jury’s ruling to uphold an insurance fraud decision will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud after...
