Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
California Contractors Charged in $5M Workers’ Comp Fraud Scheme
Sep 20 2021 // The Alameda County District Attorney’s Office along with the California Department of Insurance on Monday announced charges against multiple suspects in an organized insurance and workers’ compensation fraud...
South Carolina Lawyer Who Arranged Own Death Turns Himself in on Insurance Fraud
Sep 17 2021 // A prominent South Carolina lawyer who found the bodies of his wife and son three months ago plans to turn himself in to face charges in a plot to arrange his own death that ended with the shooter only grazing him in the...
Ex-Owner of Virginia Assisted Living Facility Pleads Guilty to Fraud
Sep 17 2021 // The former owner of a Richmond, Virginia, assisted living facility pleaded guilty to health care fraud after spending more than $800,000 meant for residents’ care on travel, gambling expenses and personal debts,...
Connecticut Woman Arrested for Workers’ Comp Benefits Fraud
Sep 16 2021 // A Newtown, Connecticut, woman was arrested and charged with illegally collecting workers’ compensation benefits while being employed as a supervisor of Pupil Personnel Services for the Town of New Fairfield Board of...
More Felony Charges for California Insurance Agents in $10M Fraud Scheme
Sep 14 2021 // Additional felony charges have been filed against Robert Andrew Lotter, 64, of Newport Beach, Calif., and Charles Albert Major, 72, of Irvine, who were arrested in November after allegedly defrauding their clients with...
California Business Owner Arraigned in $2.5M Workers’ Comp Fraud Scheme
Sep 13 2021 // Zachary Navo, 38, of Visalia, Calif., was arraigned yesterday on five felony counts of insurance fraud after a California Department of Insurance investigation revealed he allegedly underreported wages by over $2.5 million...
Delaware Trooper Suspended Amid Investigation of Thefts
Sep 9 2021 // A Delaware state trooper has been suspended with pay amid a federal investigation into a series of thefts from a package reshipping company in New Castle. According to an FBI affidavit unsealed late last week, Jamal J....
SEC Sues Founder of Closed BitConnect Exchange Alleging $2B Fraud Scheme
Sep 2 2021 // The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about $2 billion from retail investors. Expanding...
Vermont Man Charged with Stealing Five Teslas, Including One That Burned
Sep 2 2021 // A Vermont man has been indicted on federal charges that he stole five Tesla vehicles, including one that burned on the ice of Lake Champlain, prosecutors say. Michael A. Gonzalez, 32, of Colchester, appeared in court...
Arizona Print Shop Explosion Accidental, Not Criminal: Feds
Sep 2 2021 // An accidental gas leak led to last week’s explosion at a Chandler strip mall print shop that left four men with serious burns, federal authorities said. Gabriel Pinon, a special agent with the Bureau of Alcohol,...
California Healthcare Provider Agrees to $90M Fraud Settlement
Sep 1 2021 // A major California-based medical provider has agreed to pay a total of $90 million to settle allegations of Medicare fraud, officials said Monday. Sacramento-based Sutter Health, northern California’s largest...
California Agent Arrested, Charged with Theft of More than $1M
Aug 30 2021 // A Camarillo, California, insurance agent was arrested on Aug. 26 and charged with allegedly stealing more than $1 million from clients, according to the Ventura County District Attorney’s Office. Steven Franklin...
New York Man Charged in $9M Fraud Conspiracy
Aug 25 2021 // A Brooklyn, New York, man was charged for conspiring to defraud the IRS, Acting U.S. Attorney Rachael A. Honig announced. Aleksander Zaretser is charged by indictment with conspiracy to defraud the IRS. He will be...
Six Maryland Law Enforcement Officers Facing Fraud-Related Charges
Aug 20 2021 // Six Maryland law enforcement officers are facing federal indictment for charges related to schemes to defraud financial institutions and insurance companies. A federal grand jury has returned an indictment charging an...
Massachusetts Woman Arrested for Workers’ Compensation Benefits Fraud
Aug 17 2021 // A Norwood, Massachusetts, woman was arrested in connection with fraudulently receiving federal workers’ compensation benefits and disability benefits from the Social Security Administration (SSA). Karen Nolan was...
Insurance Fraud Referrals Up by 11% in Minnesota in 2020
Aug 16 2021 // The number of insurance fraud investigations in Minnesota in 2020 rose by 11% compared with 2019, according to the state’s primary law enforcement agency focused on white collar crime. The Minnesota Commerce Fraud...
Cyber Criminals Target Remote Workers to Corner Stores
Aug 16 2021 // The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition. An increasing number of attacks...
Hackers Return $260M to Cryptocurrency Platform After Theft of $613M in Digital Coins
Aug 12 2021 // LONDON/SINGAPORE/HONG KONG – Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the center of the hack said on...
Pennsylvania Roadwork Firm to Pay $20M in Workers’ Retirement Theft Case
Aug 9 2021 // A major Pennsylvania heavy equipment contractor entered no contest pleas to four theft counts and agreed to pay restitution of more than $20 million over allegations it illegally diverted pension money and other benefits...
Former Iowa Insurance Producer Sentenced for Insurance Fraud
Aug 6 2021 // A former Iowa insurance producer was recently sentenced after pleading guilty to an insurance fraud scheme. Dustin French of Red Oak, Iowa, pled guilty in July to one count of Theft 3rd Degree (Aggravated Misdemeanor). The...
