Trending Fraud Headlines
The most viewed headlines from our Fraud Topic Page over the last 30 days.
#1 BlackSuit Cybercrime Gang Blamed in CDK Hack That Roiled Car Dealers
Jun 25 2024 // A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc. The cybercrime...
#2 Man Admits to Tracking Drivers, Programming Keys, Stealing and Reselling Vehicles
Jul 17 2024 // A New Jersey man has admitted to orchestrating a multistate car theft and fraud ring that involved tracking drivers, programming keys, stealing their cars, and reselling their vehicles. U.S. Attorney Philip R. Sellinger...
#3 Surgeons Can’t Slip Out of GEICO’s Latest RICO Fraud Lawsuit in NC, Judge Says
Jul 1 2024 // GEICO Insurance companies have continued their campaign against alleged auto insurance fraud actors, including some well-known physicians and medical clinics. And a federal judge ruled in June that two of those...
#4 Florida Governor Suspends City Councilwoman Indicted on Insurance Fraud Charges
Jun 26 2024 // A Florida city council member has vowed to return to office after Gov. Ron DeSantis suspended her over allegations that her clinic overbilled and defrauded health insurers. The Miami Herald and multiple news outlets...
#5 Viewpoint: Deepfake Fraud Is On the Rise. Here’s How Insurers Can Respond
Jul 17 2024 // It is interesting—and telling—that one of the concerns around generative artificial intelligence has to this point largely revolved around copyright infringement. The most high-profile lawsuits around GenAI have so far...
#6 Iowa Woman Sentenced for Pet Insurance Fraud
Jul 11 2024 // An Iowa woman was sentenced on July 2, 2024 after pleading guilty to Tampering With Records (Aggravated Misdemeanor) following an investigation by the Iowa Insurance Division’s Fraud Bureau. Sarah Rahm, age 39, of...
#7 Supreme Court Curbs SEC’s In-House Judges in Fraud Cases
Jun 27 2024 // The US Supreme Court curbed the Securities and Exchange Commission’s ability to press complaints before in-house judges, saying defendants have a constitutional right to make their case to a federal jury when the...
#8 Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition
Jul 17 2024 // Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300 million acquisition of JRG Reinsurance Co. Once the deal agreement was signed in...
#9 Former Maryland State Employee Indicted in Theft, Insurance Fraud Cases
Jun 26 2024 // Maryland Attorney General Anthony G. Brown announced the indictment of a former state employee in two separate cases involving theft and insurance fraud. Shanell Angelia West, of Essex, was allegedly involved in a theft...
#10 Crypto Hacking Thefts Double to $1.4B in First Half 2024
Jul 8 2024 // The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, blockchain researchers TRM...
#11 Evolve Bank & Trust Confirms Data Was Stolen in Cyberattack
Jun 27 2024 // Evolve Bank & Trust confirmed it was the victim of a cyberattack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk...
#12 Career Criminal Sentenced on More Insurance Fraud Charges in South Carolina
Jul 2 2024 // A South Carolina man with a long criminal history has pleaded guilty to multiple insurance fraud and identity fraud schemes that had netted him more than $139,000. Marcus Blair, of Florence, South Carolina, has been...
#13 Hackers Auction Off Stolen LendingTree Consumers’ Data
Jun 24 2024 // Hackers are selling data about consumers of the LendingTree Inc. subsidiary QuoteWizard after the company detected unauthorized access on a cloud database hosted by Snowflake Inc., according to a person familiar with the...
#14 US Prosecutors Recommend DOJ Criminally Charge Boeing as Deadline Looms
Jun 24 2024 // U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar...
#15 OpenAI’s Internal AI Details Stolen in 2023 Breach, NYT Reports
Jul 5 2024 // A hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of the company’s artificial intelligence technologies, the New York Times reported on Thursday. The...
#16 The Rise of Strategic Cargo Theft and Steps to Prevent It
Jun 26 2024 // This post is part of a series sponsored by IAT Insurance Group. Cargo theft reached an all-time high last year — up 57% across North America alone.[1] Most commonly, these thefts are the result of an ongoing misdirection...
#17 Fraud’s Foe: How MFA Shuts the Door on Cybercriminals
Jul 15 2024 // As cyber threats become increasingly sophisticated, securing user identities is paramount. Multi-factor authentication (MFA) is a formidable defense, requiring multiple verification methods to authenticate identity. This...
