Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
North Carolina Insurance Agent Can’t Appeal Sentence in $700,000 Fraud
Dec 13 2023 // A former North Carolina insurance agent who pleaded guilty to defrauding trucking company clients and a premium finance company of hundreds of thousands of dollars cannot challenge her sentence and restitution order, a...
Iowa Bail Bondsman Pleads Guilty to Insurance Fraud
Dec 12 2023 // An Iowa bail bondsman has pled guilty to insurance fraud and identity theft. David Mark Ellis of Spring Hill, Iowa, pled guilty in Polk County District Court to two counts of Identity Theft (Aggravated Misdemeanors) and...
GEICO Charges New York Pharmacy, Medical Clinics With $3.7M in Prescription Fraud
Dec 12 2023 // Insurance company GEICO has filed suit against a New York pharmacy and five medical clinics and their owners alleging they perpetrated a fraudulent scheme under the New York no-fault auto insurance system by submitting...
How Cybercriminals Are Using Wyoming Shell Companies for Global Hacks
Dec 12 2023 // Somali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen at the University of Mogadishu on the morning of Aug. 17. A fellow journalist was missing and...
Police in Massachusetts Town Move Quickly, Recover 16 Stolen Vehicles in 36 Hours
Dec 12 2023 // Auburn, Massachusetts police report they recovered 16 cars within 36 hours of them being stolen from a local auto rental business. Three Boston men have been charged with receiving a stolen motor vehicle and other...
Defense Expert at New York Trump Trial Testifies He Sees No Evidence of Fraud
Dec 11 2023 // Former President Donald Trump returned to his civil fraud trial last Thursday to spotlight his defense, renewing his complaints that the case is baseless and heaping praise on an accounting professor`s testimony that...
Former Jacksonville Jaguars Financial Manager Accused of Stealing $22M from Team
Dec 8 2023 // JACKSONVILLE, Fla. (AP) — A former financial manager for the Jacksonville Jaguars has been accused of stealing more than $22 million from the franchise through its virtual credit card program between 2019 and 2023,...
Two Charged in 40 Crimes Including Thefts of 16 Luxury Cars Worth $1 Million
Dec 8 2023 // Massachusetts Attorney General Andrea Joy Campbell announced indictments against two men for a total of 50 crimes including thefts of 16 luxury cars valued at more than $1 million. Dyllan Lopes, age 21 of Quincy, was...
California Labor Commissioner’s Office Reaches $5.5M Wage Theft Settlement
Dec 7 2023 // The California Labor Commissioner’s Office reached a $5.5 million settlement against Adat Shalom Board and Care Inc. to compensate 148 workers who worked at the employer’s six adult care facilities in Los...
Here Are Details of Trafigura’s Suit Against Businessman Gupta in Alleged Nickel Fraud
Dec 6 2023 // Indian businessman Prateek Gupta asked a London judge on Tuesday to lift an order freezing his personal and business assets, alleging that commodity trader Trafigura failed to disclose full information when it sought the...
US DOJ Slaps Criminal Fines on UK Brokers Tysers and H.W. Wood for Bribery
Dec 5 2023 // The US Department of Justice has slapped criminal penalties on UK reinsurance brokers Tysers Insurance Brokers Ltd. and H.W. Wood Ltd. as a result of their participation “in a corrupt scheme to pay bribes to...
Iowa Insurance Agent Pleads Guilty to Wire Fraud
Dec 4 2023 // An Iowa man pleaded guilty to wire fraud for using his position as an insurance agent and annuity salesperson to defraud elderly individuals out of their retirement savings and other monies. Zachary James Flaherty, age 47,...
Florida Authorities Charge 4 in Fraudulent Roof Claims, Issue Warrant for Contractor
Dec 4 2023 // Florida authorities have announced the arrest of four people in connection with an alleged scheme to deliberately damage roofs in order to qualify them for insurance claims. And another contractor well known to insurers...
Louisiana State Police Open Criminal Investigation Into McClenny Moseley
Dec 4 2023 // Louisiana State Police have opened a criminal investigation into efforts by McClenny Moseley & Associates and Apex Roofing to solicit customers after receiving a complaint by the state Insurance Department about...
Alleged Leader of Multi-State Auto Fraud Ring Arrested in Florida After 4 Years in Hiding
Nov 29 2023 // A Washington State man, on the lam for four years and wanted in connection with $6 million in auto insurance fraud schemes and staged accidents across the country, has been arrested in Florida. The U.S. Marshals Service...
Alex Murdaugh Gets 27 Years Added to Prison Time for $12M Theft From Clients
Nov 29 2023 // For years, South Carolina attorney Alex Murdaugh looked his anguished clients in the eyes and promised to help them with their medical bills, their suffering or simply to survive. Then he stole most, if not all, of what he...
MLB, Formula 1 Face Fraud Suits for Promoting FTX Cryptocurrency
Nov 28 2023 // FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new targets, including Major League Baseball, Formula 1 racing and...
Former St. Louis Alderman Indicted in Insurance Fraud Case Charged With Lying to Police About Carjacking Incident
Nov 27 2023 // ST. LOUIS (AP) – A former St. Louis alderman indicted in a fraud case was charged with lying to police about getting carjacked last year, authorities said. Brandon Bosley was charged Wednesday with one misdemeanor count...
California Reaches $1M Settlement in Wage Theft Case
Nov 27 2023 // The Labor Commissioner’s Office settled a lawsuit against Glendale, California-based Calcrete Construction Inc. for $1 million for multiple wage theft violations, including overtime and paid sick leave law...
Thanksgiving Cargo Theft Threat ‘Extremely High’: CargoNet
Nov 22 2023 // The threat of cargo theft activity this Thanksgiving is “extremely high” and “unlike any recent year,” according to CargoNet. CargoNet, a Verisk product, has tracked a sharp increase in...
