Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Insurers for High Crime Areas on Notice after Georgia Court Affirms $43M Verdict
Nov 12 2021 // A Georgia appeals court has upheld a $43 million premises liability verdict against the CVS Pharmacy chain, ruling that the company failed to take security measures to prevent the shooting of a patron in 2012. The case is...
Justice Department to Escalate Fight Against Cybercrime, Ransomware: Interview
Nov 8 2021 // The Justice Department is stepping up actions to combat ransomware and cybercrime through arrests and other actions, its No. 2 official told The Associated Press, as the Biden administration escalates its response to what...
UK Warns Facebook Executives to Keep Users Safe or Risk Criminal Charges
Nov 5 2021 // UK Culture Secretary Nadine Dorries warned Facebook Inc. and its chiefs are on course for criminal prosecution for failing to reign in the harmful effects of its platform. “Why would we give them two years to change...
Massachusetts Construction Company Owner Pleads Guilty to Tax, Workers’ Comp Fraud
Nov 4 2021 // The owner of a now-defunct Peabody, Massachusetts, construction company pleaded guilty in connection with a scheme to defraud the IRS of payroll taxes and to defraud his workers’ compensation insurance carrier by...
South Carolina’s New Fraud Bureau Clears First Conviction
Nov 3 2021 // The South Carolina Department of Insurance is reminding people that it has taken over responsibility for investigating and prosecuting suspected cases of insurance fraud in the state. Until July, the cases were handled by...
Connecticut Woman Accused of Theft, Convincing Spouse He Had Alzheimer’s
Nov 2 2021 // A Connecticut woman has been charged with larceny after police say she stole nearly $600,000 from her husband and convinced him he had Alzheimer’s disease in an attempt to hide her actions. Police said the...
Florida Man Jailed on Insurance Fraud After ‘Theft’ of Motorcycle
Nov 1 2021 // Cameras are everywhere these days, a Florida man learned after authorities say he faked the theft of a pricey motorcycle in order to gain an insurance payout. Jeffrey Stephens, 27, was arrested Friday on fraud charges, the...
Former Michigan Contractor Sentenced in $3.8M Unemployment Insurance Fraud
Nov 1 2021 // A former contractor for the state of Michigan has been sentenced to nearly five years in prison for helping orchestrate a $3.8 million fraud scheme involving money intended to help unemployed people during the coronavirus...
Unlicensed California Insurance Agent Arraigned in $1.4M Workers’ Comp Fraud Scheme
Oct 28 2021 // Unlicensed insurance agent Karyl Lynn Reed, 57, formerly of Cosa Mesa, Calif., was arraigned this week on multiple felony counts of grand theft, forgery, embezzlement, and aggravated white-collar crime after allegedly...
California Labor Commissioner Cites Drywall Company $7.2M for Wage Theft
Oct 27 2021 // The California Labor Commissioner’s office cited NGC Construction Inc. $7.2 million for wage theft violations affecting 724 workers. An investigation reportedly showed that the Visalia-based drywall company paid...
These Women Are Fighting Cyber Crime and Cybersecurity’s Gender Divide
Oct 27 2021 // Powered by InsuranceJournal.tv Growing ransomware attacks aren’t the only issue concerning the cybersecurity industry today, according to experts on this episode of The Insuring Cyber Podcast. Another concern within...
More ‘Missing’ Rolexes Turn Up; Owner Charged with Fraud
Oct 26 2021 // North Carolina authorities announced Monday that a Raleigh man has been charged with falsely claiming that two Rolex watches had been stolen, an apparent ruse to gain insurance payments. James Henry Weeks III, 47, was...
Maryland Army Veteran Charged with Fraud After Falsely Claiming Disability
Oct 25 2021 // A U.S. Army veteran in Maryland is facing federal charges for falsely claiming to be a paraplegic to obtain more than $1 million in government disability benefits. A federal criminal complaint charged William Rich of...
Multiple Delaware Residents Indicted for Auto Insurance Fraud
Oct 22 2021 // Late last month in New Castle County, Delaware, a grand jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with...
Former Wisconsin Insurance Agent Charged with Fraud; Fined $27K
Oct 21 2021 // The Wisconsin Office of the Commissioner of Insurance (OCI) has charged former insurance agent Richard Freeland with a number of violations of insurance law related to the sale of an unsuitable life insurance policy and...
‘We Cannot Do This Alone.’ Biden Cyber Crime Fighter Seeks Corporate Help.
Oct 21 2021 // U.S. Deputy Attorney General Lisa Monaco has a message for corporate America: The U.S. Justice Department needs its help in order to take down cyber criminals. “We cannot do this alone,” Monaco said on...
California Labor Commissioner Cites Contractor $1.7M for Wage Theft Violations
Oct 19 2021 // The California Labor Commissioner’s office has cited JPI Construction $1.7 million for wage theft violations affecting 265 workers. An investigation reportedly found that the San Diego-based company failed to pay...
People Moves: Herman Named Alabama’s Insurance Fraud Bureau Director
Oct 19 2021 // A veteran police officer and fire investigator has been named director of the state’s Insurance Fraud Bureau and assistant state fire marshal. Bill Herman began his career at the Montgomery County Police Department,...
‘Lost’ Rolex Watch Turns Up at Washington Jeweler, Owner Faces Fraud Charge
Oct 18 2021 // Christopher Michalke, of Seattle, Wash., was charged in King County Superior Court with one felony count of filing a false insurance claim for a $14,753 Rolex watch after an investigation by Insurance Commissioner Mike...
Michigan Woman Pleads Guilty to $135K Insurance Fraud
Oct 14 2021 // A Portland, Michigan, woman has pleaded guilty to filing fraudulent insurance claims totaling more than $135,000, state insurance regulators say. According to Michigan Department of Insurance and Financial Services (DIFS)...
