Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Starr Companies Enhances Crime & Fidelity Endorsement
Jul 14 2017 // Starr Companies has launched an enhanced crime & fidelity endorsement expanding coverage for fraudulent impersonation losses. According to Brian Inselberg, senior vice president, Financial Lines, the enhanced coverage...
Connecticut Woman Gets Prison Time for Stealing $250K from Employer
Jul 14 2017 // A Connecticut woman who stole more than $250,000 from her Massachusetts employer even as he struggled with dementia and cancer has been sentenced to nearly two years in prison. Angela Craig was sentenced Tuesday in U.S....
It’s Not True that Marijuana Dispensaries Increase Crime, Say Researchers
Jul 13 2017 // A new study published in the July issue of the Journal of Urban Economics finds that contrary to popular belief, medical marijuana dispensaries (MMDs) reduce crime in their immediate areas. In the study, “Going to...
Nearly 1.9K Reports of Cybercrime in Arkansas in 2016: FBI
Jul 12 2017 // There were nearly 1,900 instances of internet crime in Arkansas last year, from nonpayment scams to cyberattacks on state agencies, according to the FBI. FBI officials said the state’s attacks are a small percentage...
A.M. Best Revises Outlook to Negative for New York’s Country-Wide
Jul 12 2017 // A.M. Best has revised its outlook to negative from stable for Country-Wide Insurance Company, a family-owned auto insurance company based in New York, N.Y. A.M. Best also affirmed Country-Wide’s Financial Strength...
$150M Settlement Gets Final Approval in Vermont Ski Resort Fraud Case
Jul 11 2017 // Contractors and vendors owed millions of dollars after the owner and president of a Vermont ski resort were accused of massive fraud will soon see their bills paid. The Caledonian Record reports the federal receiver...
Pennsylvania Doctor Surrenders to Authorities for Role in Insurance Fraud
Jul 10 2017 // A Pennsylvania doctor has surrendered to federal authorities to spend up to seven years in prison for his part in an insurance fraud scheme involving a defunct drug laboratory. Fifty-five-year-old John Johnson, of...
Rand Report Recommends Analytics for Fraud Prevention in Workers’ Comp
Jun 28 2017 // The California Division of Workers’ Compensation has posted a report from the Rand Corp. with recommendations to prevent fraud in the workers’ compensation system. The Department of Industrial Relations last...
Ex-Executive in Maryland Sentenced for Stealing $4.5M from Firm
Jun 28 2017 // A former executive for a national construction company who, federal prosecutors say, stole $4.5 million from her employer and spent it on expensive cars and restaurant meals has been sentenced. Forty-six-year-old Wendy...
New Jersey Man Charged with Insurance Fraud, Theft by Deception
Jun 26 2017 // A Middlesex County, N.J., man has been charged with insurance fraud and theft by deception for allegedly impersonating his deceased mother to obtain cheaper renters insurance under her senior-discounted policy and for...
6 Arrests Made in Florida Cattle Thefts; 8 Cows Still Missing
Jun 22 2017 // Six men have been charged in two separate cattle thefts at a Florida pasture, and authorities are trying to find eight missing cows. Polk County Sheriff’s officials say four cows and four calves were stolen in April...
Connecticut Woman Who Lied About Cancer to Avoid Prison Gets 30 Months
Jun 21 2017 // A Connecticut woman who lied about having cancer to avoid reporting to prison on a fraud conviction has been sentenced to more than two years behind bars. Aliyah Davis, of East Windsor, Conn., was sentenced to 30 months by...
Arthur J. Gallagher Launches Crime & Management Liability Cover for UK SMEs
Jun 21 2017 // Arthur J. Gallagher’s specialist Management Liability Practice has responded to the heightened risk of commercial crime facing SME businesses by creating tailor-made management liability and crime insurance products....
Investigation Solutions Assists in $32 Million Employer Fraud Case
Jun 21 2017 // San Diego, CA, June 21, 2017- Investigation Solutions, Inc. (ISI) worked alongside the California Department of Insurance in a $32 million workers’ compensation fraud case that resulted in an arrest earlier this...
California Division of Workers’ Comp Suspends Psychiatrist for Fraud
Jun 19 2017 // California’s Division of Workers’ Compensation has suspended Pasadena psychiatrist Jason Hui-Tek Yang from participating in the state’s workers’ comp system following his conviction in Riverside...
California Business Owner Nabbed in $32M Workers’ Comp Fraud Scheme
Jun 19 2017 // Detectives with the California Department of Insurance arrested Gina Marie Gregori, 55, of Lafayette, for allegedly underreporting payroll and duping insurers out of $32 million. Gregori was charged with 19 felony counts...
Texas Attorney Indicted in Hail Claims Insurance Fraud Case
Jun 19 2017 // A Texas attorney on June 5 was issued a 16-count indictment on charges of organized criminal activity, legal misconduct and insurance fraud related to hail claims, according to the Texas Department of Insurance. R. Kent...
Michigan Health Chief, Others Face Criminal Charges over Flint Water
Jun 15 2017 // Five people, including the head of Michigan’s health department, were charged with involuntary manslaughter in an investigation of Flint’s lead-contaminated water, all blamed in the death of an 85-year-old man...
220,000 Dutch, English Consumers Sue VW Over Diesel Fraud
Jun 14 2017 // Around 220,000 car drivers in the Netherlands, England and Wales joined forces on Tuesday in what could become a pan-European lawsuit against German carmaker Volkswagen seeking compensation over its...
Third Person Pleads Guilty in Kansas City Arson, Insurance Fraud Scheme
Jun 13 2017 // A Kansas City man has pleaded guilty to participating in a $235,000 arson and insurance fraud conspiracy. Federal prosecutors say 43-year-old Joseph Levi Little is the third person to plead guilty in the scheme. Tina...
