Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
No Insurance on 200-foot Tower Stolen from Alabama Town’s Radio Station
Feb 12 2024 // JASPER, Ala. (AP) — The theft of a giant radio tower has silenced what used to be the voice of a small Alabama town and the surrounding county, the radio station’s general manager said. A thief or thieves made off...
NC Postal Worker Pleads Guilty to Comp Fraud After Photos Show Him Ziplining
Feb 8 2024 // A 73-year-old postal worker pleaded guilty this week to more than $100,000 in workers’ compensation fraud after social media postings showed him engaged in rigorous physical activity, including ziplining at Niagara...
Company Auditors Face More Rigorous Role in Spotting Fraud: Global Body
Feb 8 2024 // Accountants must play a role in spotting fraud when they check the books of companies, a global standard setting body for corporate auditing said in robust proposals Feb 6. The International Auditing and Assurance...
Trump Civil Fraud Case Judge to Probe Potential Perjury by Ex-CFO
Feb 7 2024 // A New York judge overseeing Donald Trump’s civil fraud trial has asked lawyers in the case for information about possible perjury by the former U.S. president’s onetime finance chief, who is reportedly facing...
Jacksonville Jaguars Want FanDuel to Refund $20M Stolen by a Team Finance Manager
Feb 6 2024 // An NFL team wants millions back from a sports betting service. The Jacksonville Jaguars, a team that recently found out that a finance manager stole some $22 million and lost most of it on sports bets with FanDuel, an...
Lex Greensill’s Fraud Means Zurich Can’t Payout $400 Million, Insurer Argues
Feb 6 2024 // Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London...
Medical Biller Who Posed as Patients, NBA Player Sentenced for Insurance Fraud
Feb 5 2024 // A medical biller has been sentenced to 12 years in federal prison after being convicted in a massive insurance fraud scheme that involved posing as an NBA player and other patients to harangue the companies for payments...
Cargo Thefts Up 59%, Misdirection Top Threat: CargoNet
Feb 2 2024 // There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59% increase when compared to the third quarter of 2022, according to CargoNet. Similar to the second quarter of...
Southern California Topped List of Catalytic Converter Theft Claims
Feb 2 2024 // The Southern California regions of Los Angeles and Orange County are again the top spots for catalytic converter theft claims. The regions topped the list for the eighth consecutive quarter in a new report of markets for...
Officials Say California Family Arraigned for Auto Insurance Fraud Filed 40-Plus Claims
Feb 2 2024 // Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she and her husband, Moshe Ninio, allegedly stole customers’ personal information and...
Former Washington Insurance Producer Pleads Guilty to Theft and Money Laundering
Feb 2 2024 // A Selah, Washington man pled guilty to first-degree theft and money laundering after an investigation by Insurance Commissioner Mike Kreidler’s Criminal Investigation Unit. Jason Eaton was sentenced to 60 days of...
Three in Miami Charged with Workers’ Comp Payroll Fraud
Jan 30 2024 // Three Miami-area construction labor suppliers have been charged with underreporting payroll and shorting their workers’ compensation insurers more than $220,000 in premiums. Juana Ledezma and Luis Ledezma, associated...
Jackie Robinson Statue Stolen From Kansas Park, Sparking Outrage and Police Search
Jan 29 2024 // WICHITA, Kan. (AP) — A prized statue of Jackie Robinson was stolen from a public park in Kansas, spurring a police search Friday and outrage across the city of Wichita. The statue honors the first player to break Major...
North Korean-Linked Hackers Are Targeting Crypto Platforms More But Stealing Less
Jan 29 2024 // The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount of funds stolen dropped around 40%, a report Wednesday from blockchain analysis firm Chainalysis...
Home Surveillance Video Leads to Arrests for Fraud in Alleged Staged Auto Collision
Jan 25 2024 // A home surveillance video camera helped lead investigators to five Southern California residents for allegedly staging an auto collision to collect an insurance payout. Each defendant has been charged with one felony count...
Illinois Man Pleads Guilty to Arson and Insurance Fraud Scheme
Jan 23 2024 // An Illinois man admitted guilt in federal court last week for his involvement in a scheme to commit arson on residential properties and collect fraudulent insurance benefits. Rufis A. Jefferson, 47, of Venice, Illinois,...
Vans, Dickies Owner VF Corp: Data of 35.5M Consumers Stolen in Recent Cyberattack
Jan 23 2024 // Apparel and footwear company VF Corp. disclosed last week that the personal data of about 35.5 million consumers were stolen as part of a December 2023 cyberattack. According to a Jan. 18 filing with the U.S. Securities...
Kansas Man Sentenced for Insurance Fraud
Jan 22 2024 // Kansas Insurance Commissioner Vicki Schmidt announced a Kansas man has been sentenced to 12 months of probation for insurance fraud. Cloise Allen, age 46, pled guilty in the District Court of Sedgwick County to one...
Trudeau to Hold National Summit in Response to Canada’s Massive Spike in Auto Thefts
Jan 22 2024 // Prime Minister Justin Trudeau’s government is holding a summit next month to coordinate a national response to a massive spike in auto thefts across Canada in recent years. Toronto, Canada’s largest city, has...
Western U.S. States Had Among Highest Car Theft Rates, Report Shows
Jan 22 2024 // A new report shows Colorado has the most car thefts, while populous California made the top 10 list. The report’s authors analyzed data from the FBI’s Crime Data Explorer, which showed the amount of motor...
