Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Two Iowa Men Sentenced in Workers’ Comp Fraud Scheme
Mar 27 2024 // Two Iowa men were sentenced this month in connection with workers’ compensation fraud. Trey Wysocki, age 40, of New Virginia was sentenced on March 11, 2024, after pleading guilty to one count of Insurance Fraud...
FBI: Alaska Airlines Passengers Told They Might Be Crime Victims
Mar 27 2024 // The FBI has told passengers on the Alaska Airlines Boeing 737 Max that lost a door-plug panel in midflight that they might be victims of a crime. “I’m contacting you because we have identified you as a possible...
Alabama Sales Rep and Clinic Owner Sentenced in $28M Billing Fraud Scheme
Mar 25 2024 // A medical sales representative and a pain clinic owner in Alabama have been sentenced to years in prison for their roles in a long-running, $28 million fraud scheme that involved a compounding pharmacy, unneeded nerve...
China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case
Mar 22 2024 // Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, ramping up pressure on the global...
Florida Jewish Center Burned by Arsonist But Police Say It’s Not a Hate Crime
Mar 20 2024 // FORT LAUDERDALE, Fla. (AP) — A South Florida Jewish center suffered severe damage in a weekend arson fire that police believe was set by a mentally ill homeless man who previously confronted the rabbi and others. Rabbi...
Member of Major Catalytic Converter Theft Crew Sentenced to More Than Three Years
Mar 20 2024 // A Springfield, Massachusetts man was sentenced last week in federal court in Boston for his role in a regional organized theft crew that stole catalytic converters from nearly 500 vehicles, robbed jewelry stores and stole...
China Evergrande’s Alleged $78 Billion Fraud Is Among World’s Worst
Mar 19 2024 // China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history. The...
How to Renew Your Insurance License with a Criminal Background Part 1: Alabama through Georgia
Mar 19 2024 // This post is part of a series sponsored by AgentSync. Insurance licenses can be hard to get and keep, even for those with the most pristine backgrounds. So, what’s an insurance producer to do if they find themselves...
Six Defendants to Stand Trial for Michigan Auto Insurance Fraud Scheme
Mar 18 2024 // Six defendants will stand trial on charges alleging the group operated an auto insurance fraud scheme targeting Michigan residents involved in automobile collisions, Michigan Attorney General Dana Nessel and Anita Fox,...
Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say
Mar 18 2024 // Donald Trump’s efforts to secure a bond to cover a $454 million judgment in a New York civil fraud case has been rejected by 30 surety companies, his lawyers said on Monday, inching him closer to the possibility of...
Apple, Investors Reach $490 Million Settlement in Fraud Case
Mar 18 2024 // Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief Executive Officer Tim Cook of misleading them in 2018 about the company’s sales prospects. Cook...
Massachusetts Couple Charged With $627K in Workers’ Compensation Fraud and More
Mar 15 2024 // A Hopkinton, Massachusetts couple has been arrested and charged in connection with separate schemes to defraud their workers’ compensation insurance carriers, the Small Business Administration (SBA) and their...
Iowa Woman Charged With Insurance Fraud
Mar 13 2024 // An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) and one count of Theft in the 2nd Degree (Class D Felony) following an investigation by the Iowa Insurance...
Russian Hackers Are Weaponizing Stolen Microsoft Passwords
Mar 13 2024 // A Russian state-sponsored hacking group that stole sensitive data from Microsoft Corp. executives is trying to leverage that information to compromise the company’s source code and other internal systems, according...
Oxendine’s Georgia Fraud Trial Must Finally Start April 15, Federal Judge Says
Mar 13 2024 // A former Georgia insurance commissioners’ efforts to dismiss insurance fraud and money laundering charges against him have run their course. John Oxendine must face trial starting April 15, a federal judge has...
Kansas Man Sentenced to 12 Months Probation For Insurance Fraud
Mar 12 2024 // Kansas Insurance Commissioner Vicki Schmidt announced last week that an Overland Park man has been sentenced to 12 months of probation for insurance fraud. Matthew Finholm, age 43, pleaded guilty in the District Court of...
Meta Sues Former Employee Over Alleged Stolen Documents
Mar 12 2024 // Meta Platforms Inc. sued one of its former vice presidents for what it called a “stunning” betrayal in his defection to a “stealth” AI cloud computing startup. Dipinder Singh Khurana, also known as...
New York Inspector General Reports on 2 Workers’ Compensation Fraud Cases
Mar 11 2024 // New York State Inspector General Lucy announced a sentencing and a guilty plea in two separate workers’ compensation fraud cases. Lang announced the sentencing of Brian Simpson, 55, of Monroe County, who defrauded...
Missouri Man, Woman Sentenced in $1.1M Insurance Fraud Scheme
Mar 8 2024 // Two Columbia, Missouri residents were sentenced in federal court on March 6 for their roles in a $1.1 million insurance fraud scheme that involved false claims of injuries suffered in faked car accidents. Michael Lee Gene...
Liberty University to Pay $14M Fine for Failure to Disclose Campus Crimes
Mar 7 2024 // Liberty University has agreed to pay an unprecedented $14 million fine for the Christian school’s failure to disclose information about crimes on its campus and for its treatment of sexual assault survivors, the U.S....
