Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Problem of Metal Theft Focus of Illinois House Bill
Feb 19 2015 // A bill filed in the Illinois House would form a new task force to address thefts of recyclable metals, including copper. The Belleville News-Democrat reports the panel would review efforts to combat theft and come up with...
Penn. Mansion Fires Spark $20M in Payouts, Suicide, Fraud Case
Feb 17 2015 // She bought draperies flecked with Swarovski crystals. The ceiling mural at her “Gone with the Wind”-inspired mansion in Doylestown, Pennsylvania, featured her family in robes, gazing down from the heavens. And...
Florida Arrests 9 Individuals Suspected of PIP Fraud in Miami
Feb 12 2015 // Florida’s Chief Financial Officer Jeff Atwater announced nine arrests were made last month for personal injury protection (PIP) fraud in Miami. Charged in eight separate cases involving seven staged accidents, the...
Driver’s Licenses For Immigrants Spur Debate in New Mexico
Feb 12 2015 // Alejandro Altamirano from Durango, Mexico, has called New Mexico home for a dozen years, and it’s where his two U.S.-born daughters are being raised. But the 36-year-old dairy farmworker fears he will be forced into...
Anthem Offers Customers ID Theft Protection for 2 Years
Feb 12 2015 // Anthem Inc. said on Wednesday its millions of customers can sign up for free credit monitoring and identity-theft protection services this week following a massive cyber attack involving stolen U.S. Social Security...
Medical Chain Pleads Guilty to Work Comp Fraud, Repays Texas Mutual $6.5M
Feb 11 2015 // Nova Healthcare Management, headquartered in Houston, Texas, entered a plea of guilty to felony workers’ compensation fraud related charges, according to an announcement by Texas Mutual Insurance Co. and the Travis...
Farmers Settles Suit with Radiological Firms Over Alleged Billing Fraud
Feb 11 2015 // Los Angeles, Calif.-based Farmers Insurance Exchange has reached a settlement in a lawsuit involving alleged billing fraud by two radiological companies and their owners. The complaint alleges that two radiological...
Ohio Insurance Department Reveals Top Fraud, Enforcement Cases
Feb 11 2015 // Lieutenant Governor and Insurance Director Mary Taylor announced Ohio’s top fraud and enforcement cases for 2014 investigated by the Ohio Department of Insurance. During the calendar year, the department processed...
N.J. Staffing Firm Owners Accused of Underpaying WC Premiums
Feb 10 2015 // New Jersey authorities announced that a married couple who own several temporary staffing companies with offices in northern and central New Jersey were arrested on first-degree charges. According to a Feb. 4 announcement...
Former Arrow Trucking CEO Pleads Guilty in Oklahoma to Fraud Charges
Feb 9 2015 // The former CEO of a now-defunct trucking company that left its employees stranded all over the country when it suddenly shut down in December 2009 has pleaded guilty in federal court in Oklahoma to charges of tax evasion...
North Carolina Governor Faces Backlash Over Workers’ Comp Fraud Claim
Feb 9 2015 // Gov. Pat McCrory is taking heat after saying in his annual State of the State address last week that nearly half of workers’ compensation claims paid to state employees are the result of abuse or fraud. “We all...
Worst Insurance Fraud Scams of 2014
Feb 9 2015 // A driver rockets his $1 million Bugatti into a salty lagoon … Two kids perish in a home insurance arson their own mother set … A cancer doctor pumps healthy patients with toxic chemotherapy in a $125 million...
Fraud Adds Up to 17% to Auto Insurance Injury Claims: IRC
Feb 4 2015 // A new study estimates that fraud and claim “build-up” add between $5.6 billion and $7.7 billion in excess payments to auto injury claims paid in the United States. The excess payments represented between 13...
Allstate Settles Mortgage Fraud Suit with Morgan Stanley
Feb 4 2015 // Allstate Insurance Co. agreed to settle a 2011 lawsuit accusing Morgan Stanley of fraud over more than $100 million worth of mortgage-backed securities in which the insurer invested. The largest publicly traded U.S. home...
ACE Group Warns UK SMEs About Higher Fraud Risk in 1st Quarter
Feb 4 2015 // Fraud cases are on the rise and the profile of fraudsters is changing to include more young individuals seeking to fund extravagant lifestyles, according to ACE Group. As pressure on bank balances grows after the...
Former California Agent Pleads Guilty in $6M Fraud Case
Feb 3 2015 // An Upland, Calif. man has pleaded guilty to federal bank fraud and tax charges in relation to a loan scam that reportedly netted him more than $5.9 million. Derek Richard Brewart, 53, a former licensed insurance agent and...
250 Vases Stolen from Central Oklahoma Cemeteries
Feb 2 2015 // Authorities are investigating the theft of 30 bronze vases from a Norman cemetery, and officials say more than 200 other vases have been stolen recently in central Oklahoma. Cleveland County Sheriff Joe Lester told the...
Georgia Agent Sentenced to 5 Years for Stealing Insurance Premiums
Feb 2 2015 // A Gwinnett County, Ga. man convicted on charges including insurance fraud has been sentenced to serve five years in prison. According to Insurance Commissioner Ralph Hudgens, 56-year-old Ronald Alan Dunn of Loganville was...
Greenberg Calls New York Fraud Suit Waste of Time, Money
Jan 30 2015 // Ex-American International Group Inc. Chairman Maurice “Hank” Greenberg said New York’s pursuit of him through a decade-old fraud suit is a waste of taxpayer money, as the two sides prepare for a trial...
Organized Family Insurance Ring Busted in Southern California
Jan 29 2015 // Detectives from the California Department of Insurance’s insurance fraud enforcement division arrested 15 Los Angeles area residents Thursday morning for allegedly staging auto collisions and filing more than...
