Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Ex-Iowa Insurance Agent Charged With Forgery, Fraud Sales Theft
Nov 30 2022 // Joseph Drahozal, age 57, of Cedar Rapids was charged with one count of Forgery (Class D Felony), two counts of Fraudulent Sales Practice under $10,000 (Class D Felony), and one count of Theft in the third degree...
Parents Sue Carmaker Over Crash of Stolen Kia That Killed 4
Nov 29 2022 // BUFFALO, N.Y. (AP) — A 16-year-old accused of driving a stolen SUV involved in a high-speed crash that killed four teenage passengers was arraigned Tuesday on manslaughter and other charges. The parents of two of those...
Washington Contractor Faces Theft Charge over $127K in Workers’ Comp
Nov 23 2022 // A Clark County, Washington, man was charged with stealing $127,000 in workers’ compensation benefits for working at his own construction business while claiming he was too injured to work. Daniel Joseph Lesieur, 54,...
Insurers Told Expunged Crimes Off-Limits as New York Licenses First Cannabis Shops
Nov 22 2022 // New York has approved its first 36 retail marijuana dispensary licenses, awarding them to 28 applicants with prior cannabis convictions and eight nonprofits that serve those formerly incarcerated. New York officials wanted...
Washington Contractor Faces Felony Theft Charge in Reported Workers’ Comp Scam
Nov 22 2022 // An Everett, Washington, man reportedly caught remodeling homes while claiming he was too injured to work has been charged with felony theft in a workers’ compensation fraud case. Terry Lee Dawson, 62, is accused of...
Tesla Safety Is Focus of South Korean Criminal Trial Over Fiery, Fatal Crash
Nov 21 2022 // In an upscale Seoul neighborhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer – a close friend of South Korea’s president. Prosecutors have...
Elizabeth Holmes Sentenced to More Than 11 Years in Prison for Theranos Fraud
Nov 21 2022 // A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San...
Nationwide Catalytic Converter Theft Ring Taken Down in Raid
Nov 21 2022 // Twenty-one people in nine states were arrested and charged Nov. 2 with their roles in conspiracies to steal catalytic converters from vehicles across the country and sell them for profit. According to the U.S. Department...
Many Cyber Criminals Return After Ransomware Payments Are Made
Nov 21 2022 // Over a third (36%) of companies who paid a ransom to cyber criminals went on to be targeted for a second time, according to the latest Cyber Readiness Report from Hiscox. In addition, more than four in 10 (41%) of those...
Investigators Say Car Buried in California was Insurance Fraud
Nov 21 2022 // A car was buried in the backyard of a Northern California mansion 30 years ago as part of a scheme to commit insurance fraud, authorities said. The convertible Mercedes was discovered last month by landscapers in the...
Cal. Father And Son Charged for $12M Workers’ Comp Fraud
Nov 21 2022 // Edgardo Cabrales Sr., 61, and his son, Edgar Cabrales Jr., 36, both of San Jose, California, were charged with five felony counts each of insurance fraud after a California Department of Insurance investigation found they...
ID.me’s Claim on Scope of Unemployment Fraud Baseless, U.S. Congress Says
Nov 18 2022 // Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during the pandemic was lost to fraud, U.S. congressional investigators said on...
Carolina Agent, Missouri Attorneys Indicted on Tax, Insurance Fraud Charges
Nov 17 2022 // Two Missouri tax attorneys and a North Carolina insurance agent have been indicted for helping clients set up fraudulent tax shelters, file false tax returns and to defraud an insurance carrier, federal prosecutors...
Trump Firm’s Longtime CFO, Still on Payroll, Testifies on Tax Scheme at Fraud Trial
Nov 17 2022 // Donald Trump’s jail-bound longtime finance chief is still a company man, collecting a hefty salary from the former president’s namesake Trump Organization even as he makes his long-awaited turn as the...
Two Farmers Indicted in Kentucky Crop Insurance Fraud
Nov 16 2022 // Two Kentucky farmers and a relative have been indicted for falsifying crop damage and exaggerating the size of their fields in order to reap crop insurance benefits. A federal grand jury last week charged Randall Taulbee...
Directors of Florida’s Largest Homeowners Association Charged with Millions in Theft
Nov 16 2022 // Current and former Board members at Florida’s largest homeowners’ association were arrested Tuesday, charged with taking millions of dollars from the association over several years. It’s the latest...
Houston Business to Pay $300K For Workers’ Comp Insurance Fraud
Nov 15 2022 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) announced that a Travis County district court judge convicted Sehgal & Sons Enterprises (Ultra Business Services Inc.) of first-degree...
Accused SC Attorney Murdaugh’s Involvement Looms Over Fraud Trial of his Banker
Nov 14 2022 // A banker accused of helping disbarred attorney Alex Murdaugh take money from the legal settlements of clients is the first person to stand trial in the sprawling rural South Carolina legal drama that has captivated...
Elizabeth Holmes Should Get 15 Years’ Prison for Fraud, US Says
Nov 14 2022 // Former Theranos Inc. Chief Executive Officer Elizabeth Holmes should spend 15 years in prison for committing one of the most serious white-collar crimes in Silicon Valley history, prosecutors told the judge who will...
Georgia Ex-Insurance Chief Oxendine Denies Knowing of Fraud, Seeks Dismissal of Charges
Nov 10 2022 // Former Georgia Insurance Commissioner John Oxendine denies knowingly being involved in any fraud scheme and has moved to have the criminal charges brought against him dismissed. A November 4 defense filing in federal court...
