Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Florida Woman Arrested Over $50K Workers’ Comp Fraud Scheme
Oct 4 2018 // A Florida woman was arrested in August and charged with three felony counts of concealing payroll to avoid workers’ compensation premiums and two felony counts of application fraud, according to a statement from the...
Doctor’s Alleged Fraud Scheme Throws Medical Claims Review Process into Doubt
Oct 2 2018 // For years, Spyros Panos seemed like a successful orthopedic surgeon, seeing dozens of patients a day and bringing in millions of dollars in fees for his suburban New York medical group. In fact, he was inflating charges...
$20K Worth of Tools Stolen from Rhode Island Habitat for Humanity Home
Oct 1 2018 // About $20,000 worth of tools has been stolen from a Habitat for Humanity home under construction in Rhode Island. The organization’s fundraising director says locks were broken on a construction trailer at the site...
20 People Arrested in Florida in ‘Operation Hot Water’ Workers’ Comp Fraud Sting
Oct 1 2018 // Twenty individuals were arrested in Florida in a workers’ compensation insurance fraud sting operation involving unlicensed contractors in Pasco County in “Operation Hot Water,” according to a statement...
7 Red Flags to Spot Fraudulent Business Interruption Claims
Oct 1 2018 // Insurance is the safety net that protects individuals and companies in case of damage, theft, injury, illness or loss. Fire, floods, earthquakes, tornadoes and freak accidents can quickly decimate a thriving business. When...
Michigan Department of Insurance Gets New Fraud-Fighting Unit
Oct 1 2018 // The Michigan Department of Insurance and Financial Services (DIFS) will have more resources to fight insurance and financial services fraud after Gov. Scott Walker issued an executive order creating a new anti-fraud unit...
Court Rules Cryptocurrencies Fall Under Commodities Regulator
Sep 27 2018 // A federal judge said on Wednesday that virtual currencies meet the definition of a commodity and fall within the jurisdiction of the U.S. derivatives regulator, allowing the agency to pursue fraud allegations against My...
Minnesota Charges Contractor with Workers’ Comp Fraud, Labor Trafficking
Sep 26 2018 // A Minnesota construction contractor has been charged with labor trafficking, insurance fraud and theft by swindle for using undocumented workers on his construction crews and threatening to have them deported unless they...
Police Say More Than $75K in Equipment Stolen from Connecticut Business
Sep 26 2018 // Police in Connecticut are searching for a suspect they say stole thousands of dollars’ worth of construction equipment from a business. WVIT-TV reports Watertown, Conn., police were called Monday when a business...
Ex-Bookkeeper for New York Tourism Agency Admits to $220K Theft
Sep 24 2018 // The former longtime bookkeeper for an upstate New York tourism agency has pleaded guilty to stealing more than $200,000 from the organization. Kathryn Price pleaded guilty to grand larceny and criminal tax fraud Wednesday...
Feds Say Maryland Man Stole Hurricane Victim’s IDs as Part of $8M Scam
Sep 20 2018 // A Maryland man is accused of stealing hurricane victim’s identities as part what the Secret Service describes as an $8 million effort to scam a Federal Emergency Management Agency program. News outlets reported...
Government Ends Criminal Case Over GM Handling of Ignition Switch Defect
Sep 20 2018 // A federal judge in New York on Wednesday dismissed a criminal case brought against General Motors Co. in 2015 over the largest U.S. automaker’s handling of an ignition-switch defect linked to 124 deaths. U.S....
Copper Thefts Knock 3 Arkansas Radio Stations Off Air
Sep 19 2018 // Three Jonesboro, Arkansas, radio stations are back on the air after copper thieves disrupted operations and damaged the transmitter building and a backup generator. The outages affecting East Arkansas Broadcasters stations...
Top 10 Stolen Vehicles: Older Models Most Vulnerable
Sep 18 2018 // Hondas that are 10 and 11-years old and even older Ford and Chevrolet pick-ups top the list of the most stolen vehicles in the U.S. in 2017. The National Insurance Crime Bureau (NICB) released its annual Hot Wheels report,...
Survey Finds Cyber Crimes Cost German Businesses $50 Billion
Sep 14 2018 // Two thirds of Germany’s manufacturers have been hit by cyber-crime attacks, costing industry in Europe’s largest economy some 43 billion euros ($50 billion), according to a survey published by Germany’s...
Michigan Insurance Department Getting New Anti-Fraud Unit
Sep 13 2018 // Michigan Gov. Rick Snyder has formed a new division to investigate fraud within the auto insurance, health insurance and banking sectors. The anti-fraud unit will be housed within the Department of Insurance and Financial...
Rhode Island Woman Charged With Stealing Funds from Auto Dealer
Sep 12 2018 // A 45-year-old Rhode Island woman has been charged with forging business checks and stealing as much as $400,000 from a Cranston, R.I., auto dealership where she worked. Federal prosecutors say Michelle Saritelli of South...
Former California Agent Arrested for Allegedly Stealing And Misusing Consumer Information
Sep 11 2018 // Andrew Barcoma Go, 51, of Bellflower, Calif., was arrested on seven felony counts including six for identity theft and one for grand theft after allegedly falsifying information on insurance applications to steal over...
North Carolina Insurance Fraud Round-Up: August
Sep 10 2018 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of August. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
Stolen From Minnesota Museum, Dorothy’s Ruby Slippers Recovered in Sting Op
Sep 6 2018 // A pair of ruby slippers used in “The Wizard of Oz” and later stolen from a Minnesota museum were recovered in a sting operation after a man approached the shoes’ insurer and said he could help get them...
