Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Surveillance, Posts Lead to Arrest of California Mechanic for Workers’ Comp Fraud
Aug 5 2022 // Richard James McGee, 47, of San Bernardino, California, was arraigned today on two felony counts of workers’ compensation insurance fraud after a California Department of Insurance investigation found he allegedly...
State Farm Alleges $2.6M Auto Insurance Fraud by New Jersey Chiropractors, Doctors
Aug 5 2022 // Insurer State Farm is fighting what it says is a fraudulent medical scheme that has been exploiting New Jersey’s personal injury protection (PIP) benefits law since 2014. The insurer is seeking to recover $2.6...
U.S. Crypto Company Nomad Hit by $190 Million Theft
Aug 3 2022 // U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset sector this year. Nomad said in a tweet that it was “aware of the...
Connecticut Law Focuses on Teens Charged With Repeat Motor Vehicle Thefts
Jul 25 2022 // Connecticut has updated its criminal justice laws to speed up law enforcement’s responses when young people are charged with repeated motor vehicle theft and other crimes. Gov. Ned Lamont has signed the bipartisan...
Inside Out: How Exit Crime, Insider Threats Are Creating Challenges for Insurers
Jul 20 2022 // Powered by InsuranceJournal.tv There has been a lot of talk about how insurance companies are increasingly falling victim to outside cyber attacks, but the risk of insider threats can be just as scary and perhaps a little...
Fireman’s Fund on Hook for Criminal Defense Costs for ‘Lottery Lawyer’
Jul 15 2022 // As the criminal trial of a New York lawyer charged with bilking lottery winners out of millions of dollars got underway this week in a federal court in Brooklyn, one insurer was likely watching closely as it will be...
Actress Charged with Workers’ Comp Fraud in California
Jul 12 2022 // Q’Orianka Kilcher, 32, of North Hollywood, has been charged with two felony counts of workers’ compensation insurance fraud. An investigation by the California Department of Insurance reportedly found Kilcher...
Iowa Man Charged With Insurance Fraud
Jul 11 2022 // Stephen Allen Allgood Jr., age 33, of Eddyville, was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud...
Vermont Man Facing Murder, Insurance Fraud Charges Seeks Release From Custody
Jul 8 2022 // The Vermont man charged with killing his mother at sea in a plot to inherit millions of dollars has asked a federal court to authorize his release from custody pending trial. The attorneys for Nathan Carman filed a motion...
Woman Sentenced to 8 Years in California Medical Fraud Insurance Billing Scheme
Jul 8 2022 // A former Southern California woman who, along with her doctor husband, billed insurers $44 million for unnecessary cosmetic surgeries was sentenced to eight years in federal prison. Linda Morrow, 70, also was ordered to...
Washington Man Wanted for Auto Insurance Fraud
Jun 30 2022 // Vincent Labarbera, of Vancouver, Wash., has been added to Insurance Commissioner Mike Kreidler’s most wanted after he failed to appear in Clark County Superior Court to face felony charges of filing a false insurance...
Three Iowa Women Charged with Insurance Fraud
Jun 28 2022 // Three women were charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau. Danesha Minor, 37, of Des Moines was charged with presenting false information (Class D Felony),...
‘Well-to-Do’ Investment Firm Head Charged in $300,000 South Florida Insurance Fraud
Jun 23 2022 // The head of a small, South Florida investment firm has been charged with insurance fraud after he submitted a $300,000 roof-leak claim to his insurer, American International Group, along with allegedly fake photos of mold...
Michigan Resident Sentenced in Insurance Fraud Prosecution
Jun 23 2022 // The Michigan Department of Insurance and Financial Services announced that a Plainwell resident was sentenced to 12 months of probation and ordered to comply with future court-ordered restitution for submitting roughly...
Musk Appeals Ruling That Upheld Securities Fraud Settlement
Jun 20 2022 // Tesla CEO Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk’s tweets claiming that he had the funding to take Tesla private in 2018. Musk’s lawyer Alex Spiro...
How Crypto Giant Binance Became a Hub for Hackers, Fraudsters and Drug Traffickers
Jun 7 2022 // BRATISLAVA – In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million. It was one of a string of cyber heists by...
Former California Insurance Broker Arraigned for Stealing Premium Payments
Jun 7 2022 // Formerly licensed insurance broker Robert Minero, 39, of Downey, California, was arraigned this week on five felony counts including insurance fraud and grand theft. The charges were filed after an investigation by the...
Police in Arizona Find 1,200 Catalytic Converters as Thefts Soar
Jun 1 2022 // An Arizona man was facing multiple theft charges last week after detectives found more than 1,200 catalytic converters packed into a storage unit, a case that highlights a national surge in thefts of the pricy auto parts...
Grand Jury Indicts Former Georgia Insurance Commissioner Oxendine on Fraud Charges
May 23 2022 // A former Georgia insurance commissioner has been indicted on federal charges related to an alleged health care scheme. A federal grand jury last Tuesday indicted John Oxendine on charges of conspiracy to commit health care...
Texas Man Sentenced for Hotel Investment Fraud Scheme
May 19 2022 // An Austin, Texas man was sentenced to 70 months in prison and ordered to pay $5,052,366.92 in restitution for his role in a fraud scheme. According to court documents, from 2012 until June 2018, Jason Michael Schubert, 47,...
