Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
New Mexico Restaurant Settles Wage-Theft Complaint After Prolonged Legal Battle
May 2 2024 // New Mexico labor announced a legal settlement that resolves longstanding accusations of unpaid wages against a restaurant business in northwestern New Mexico. The Workforce Solutions Department said in a news release that...
California Contractor Pleads Guilty to Insurance Fraud After Underreporting Nearly $1M in Payroll
May 2 2024 // Kent Bo Fridolfsson, 67, of Benicia, California, pleaded guilty to six charges of insurance fraud and grand theft after a joint investigation with the California Department of Insurance, Solano County District...
Two Montgomery Workers Charged with Insurance Fraud in Alabama
Apr 30 2024 // Montgomery, Alabama, authorities have charged two workers – a contract employee and a firefighter – with insurance fraud in unrelated alleged scams. Local news outlet reported that Michael Granger Hicks, who worked for...
Report: Cybercrime ‘A Thriving Business’ as US Claims Frequency Rises
Apr 26 2024 // Cyber claims frequency in the U.S. rose 13% last year, a new report shows. According to Coalition’s 2024 Cyber Claims Report, released this week, cybercrime is “a thriving business that adversely impacts”...
McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say
Apr 25 2024 // McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with federal prosecutors homing in on its work advising...
Property Owner Sued for Negligece in Hiring of Worker With Criminal Record
Apr 24 2024 // April Hurley’s attacker entered her apartment after identifying himself as the building maintenance man — a job he should never have obtained, according to a lawsuit filed Monday that accuses the property owner and...
Michigan Doctor Faces Trial for Alleged $400K Disability Insurance Fraud
Apr 23 2024 // A Michigan doctor was bound over last week in the 48th District Court in Bloomfield Hills on charges stemming from an allegedly fraudulent disability insurance claim and subsequent years of receiving fraudulent payments,...
New York AG, Trump Attorneys Agree to Changes in $175M Bond in Civil Fraud Case
Apr 23 2024 // Lawyers for former President Donald Trump and the New York attorney general on Monday agreed to changes in the terms of the $175 million surety bond Trump secured with Knight Specialty Insurance Co. (KSIC). Attorney...
Alabama City Councilman Hit With New Auto Insurance Fraud Indictment
Apr 22 2024 // Authorities have added four more insurance fraud charges to those already lodged against an city official in coastal Alabama. Prichard City Councilman Derrick Griffin last week was indicted by a grand jury for the second...
Auto Insurer’s $10M Fraud Claims Against Doctors Are Subject to Arbitration, Court Rules
Apr 19 2024 // A federal appeals court has sided with three chiropractors in ruling that claims under New Jersey’s personal injury protection statute concerning insurance fraud are subject to arbitration. GEICO has lost its bid to...
How to Renew Your Insurance License with a Criminal Background: Part 2 – Hawaii through Maryland
Apr 18 2024 // This post is part of a series sponsored by AgentSync. Having a criminal charge or conviction in one’s background can make things more difficult for a licensed insurance producer. However, it doesn’t always have...
Iowa Woman Charged With Insurance Fraud
Apr 17 2024 // An Iowa woman was charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau. Amanda Riggle, age 45, of Red Oak was charged with one count of Insurance Fraud – Fraudulent...
Dutch Chipmaker Nexperia Hacked by Cyber Criminals
Apr 16 2024 // Dutch-headquartered chipmaker Nexperia was victim of a hacking attack by cyber criminals last month, the Chinese-owned company said on Friday, and was investigating the incident with the help of outside...
Supreme Court Rules Corporate Silence on Impactful Trends Not Securities Fraud
Apr 16 2024 // Shareholders cannot sue companies for fraud if they flout a rule requiring disclosure of trends expected to affect their bottom line unless the omission makes another statement misleading, the U.S. Supreme Court ruled on...
FBI Opens Criminal Probe Into Deadly Baltimore Bridge Collapse
Apr 16 2024 // The FBI said on Monday it opened a criminal probe into the collapse of a Baltimore bridge in March when a ship crashed into a bridge support, while local officials confirmed the recovery of a fourth body from the...
Assistant Principal Faces Criminal Charge in Case of 6-Year-Old Who Shot Teacher
Apr 12 2024 // A former assistant principal at a Virginia elementary school has been charged with felony child neglect more than a year after a 6-year-old boy brought a gun to class and shot his first-grade teacher. A special grand jury...
Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud
Apr 11 2024 // Few mechanics post photos of themselves on Venetian canals, brag about buying $30,000 artworks or frequent the George V Hotel in Paris and Chateau Marmont in Los Angeles. But this was the life Donnie Callaway portrayed via...
National Crime Report Shows Vehicle Thefts Surged to More than 1 Million in 2023
Apr 10 2024 // It was another record-breaking year for vehicle thefts in 2023, with more than one million vehicles reported stolen – an overall increase of 1% nationwide from 2022 to 1,020,729 last year. A report from the National...
Hackers Claim to Have UnitedHealth’s Stolen Data – But Is It a Bluff?
Apr 10 2024 // A freshly formed hacking gang claims to have won access to a massive stash of data stolen from UnitedHealth Group, the largest U.S. health insurer, but with little evidence to go on it is not clear whether they are telling...
Grand Jury Indicts ‘Hole in Won’ Owner on Prize Insurance Fraud Charges
Apr 10 2024 // A federal grand jury in Connecticut returned a six-count indictment charging a Norwalk, Connecticut business owner with fraud offenses related to his operation of a prize insurance business. According to the officials,...
