embezzlement News

Oklahoma Charges Former Agent with Embezzlement, Unlawful Insurance Sales

The Oklahoma insurance regulators announced that a Tulsa area man has been charged unlawfully selling health insurance to Oklahoma customers. The Oklahoma Insurance Department said Terry L. McCrackin, 64, was charged in Tulsa County by Oklahoma Attorney General Scott Pruitt’s …

Global Retail Theft Up 6.6% in Past Year

Shoplifting, employee theft and organized crime cost the global retail industry $119 billion in the 12 months ended in June, up 6.6 percent from a year earlier, according to survey results released Tuesday. A sluggish global economy and high unemployment …

After Embezzlement Claim, Insurer Drops Tennessee County’s Policy

Officials in Shelby County in Tennessee said their insurance company is not renewing the county’s policy protecting against financial crimes, a move that stems from an alleged embezzlement scheme at Chancery Court that led to $1 million in losses. Travelers …

North Carolina Insurance Agent Arrested on Embezzlement Charges

A North Carolina insurance agent for Nationwide Insurance voluntarily surrendered her license after being arrested on embezzlement charges, according to state officials. Insurance Commissioner Wayne Goodwin reported the arrest of Susan Kaye Glover, of Wilson, on Feb. 28. Department of …