Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Construction Owners Accused of Submitting Fraudulent Bonds for New York Storm Projects
Jun 20 2023 // Federal officials report they have charged two construction company owners with submitting fraudulent bonds in connection with storm recovery and reconstruction projects in New York. Rawinder Dhillon and Amninder Singh...
Family Sues Harvard Medical School Over Theft of Body Parts Donated for Research
Jun 19 2023 // The son of a woman whose body was donated to Harvard Medical School for research purposes filed a class-action lawsuit on Friday on behalf of all families who believe their loved ones’ body parts were mishandled by...
Billionaire Reuben Brothers Sue Trafigura Over Nickel Fraud
Jun 19 2023 // Trafigura Group is being sued by the billionaire Reuben brothers, as the fallout of a massive nickel fraud reverberates through global metal markets and ensnares some of the industry’s best-known figures. Legal...
Florida Judge Slams SFR Restoration Firm for Misrepresentation, Fraud in Tower Hill Case
Jun 19 2023 // SFR Services, a Florida restoration firm made famous by its volume of claims litigation and its charges that United Property & Casualty Insurance Co. had instructed desk adjusters to alter their estimates, now finds...
MGM Denies Responsibility for ‘Fraudster’s’ Gambling Addiction
Jun 16 2023 // Gambling giant MGM Resorts International says it did nothing wrong in its dealings with a New York City man who accuses it of preying on his gambling addiction with repeated cash bonuses intended to keep him gambling. In...
Connecticut Man Pleads Guilty to Role in Catalytic Converter Theft Ring
Jun 14 2023 // The U.S. Attorney for Connecticut reports that a New Britain man has pleaded guilty to participating in a stolen catalytic converter trafficking ring. Roberto Alicea pleaded guilty to one count of conspiracy to commit...
Jewelry Group Reports Highest Number of Crimes Ever Reported
Jun 14 2023 // The number of crimes against jewelers jumped to 2,211 in 2022, the largest number ever recorded, according to an annual crime report by the Jeweler’s Security Alliance. The total was 31.1% above the 1,687 crimes...
New York ‘Clean Slate’ Bill to Seal Old Criminal Records Reaches Gov. Hochul’s Desk
Jun 14 2023 // New Yorkers who commit crimes could have their records automatically sealed if they stay out of trouble for a certain number of years after they have finished serving their sentences under a bill passed by state lawmakers...
Missouri Man Pleads Guilty to $1.1M Insurance Fraud Scheme
Jun 13 2023 // A Missouri man has pleaded guilty in federal court to his role in a $1.1 million insurance fraud conspiracy that involved false claims of injuries suffered in car accidents, as well as to his role in a conspiracy to...
Survey: Younger Generations More Tolerant of Fraud
Jun 9 2023 // A significant number of Americans ages 44 and younger show a high level of tolerance for insurance fraud, according to a new survey of insurance consumers by Verisk and the Coalition Against Insurance Fraud. The...
Supreme Court Limits Reach of Federal ID Theft Law
Jun 9 2023 // The U.S. Supreme Court yesterday narrowed when identity theft can be included as part of federal criminal charges. In the case (Dubin v. U.S.), the high court found that not every use of another’s identification...
Boeing Accused in Lawsuit of Stealing Trade Secrets for NASA Rocket
Jun 8 2023 // Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA’s Space Launch System rocket, and then building components with “critical” safety...
New York City Files Suit Against Hyundai, Kia Over Thefts
Jun 7 2023 // New York City has joined other municipalities in suing carmakers Hyundai and Kia for not having immobilizer anti-theft technology in some of their vehicles, which the municipalities claim has resulted in record car thefts...
Kentucky Tobacco Crop Insurance Fraud Ring Results in Two More Guilty Pleas
Jun 5 2023 // A Kentucky farmer and his sister-in-law have pleaded guilty to a multi-year scheme to defraud the Federal Crop Insurance Corp. and companies the FCIC reinsures. ARMTech Insurance Services, now part of AgriSompo North...
Former Aflac Employee Charged as Ringleader of Georgia Fraud Scheme
Jun 5 2023 // A former Aflac Insurance employee, described as the leader of a fraud ring in Georgia, has been charged in connection with submitting dozens of false claims to the supplemental insurance provider. Amber Miles, 32, filed 52...
Former California Agent Sentenced for Stealing $220K from Clients Including Late Art Dealer
Jun 5 2023 // John Philip Ryan, 64, of Yucca Valley, California, was sentenced and ordered to pay more than $220,000 in restitution to victims after pleading guilty to two felony counts of financial elder abuse and grand theft of...
Renault Customers to Lodge Criminal Complaint in France Over Faulty Engines
Jun 2 2023 // Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week, the group’s lawyer said on Friday. “We are going to file...
Judge Dismisses Criminal Charges Against PG&E Energy in Fatal California Wildfire
Jun 2 2023 // A California judge dismissed all charges against Pacific Gas & Electric in connection to a 2020 fatal wildfire sparked by its equipment that destroyed hundreds of homes and killed four people, including an...
Massachusetts Agency Owner Accused of Stealing Workers’ Compensation Premiums
Jun 1 2023 // The owner of a Gloucester, Massachusetts insurance agency has been indicted and arraigned in connection with an alleged embezzlement scheme that left client companies uninsured. The scheme included the agent transferring...
Former Wells Fargo Exec Settles SEC Fraud Charges, to Pay $3M
Jun 1 2023 // The former head of Wells Fargo & Co’s WFC.N retail bank agreed to pay a $3 million penalty to settle U.S. Securities and Exchange Commission fraud charges for misleading investors about sales practices used to...
