Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Missouri Contractor Going to Prison for Tornado Repair Fraud
Sep 26 2014 // A southwest Missouri contractor is going to prison for stealing more than $73,000 from an elderly Joplin couple who hired him to repair their home after the May 2011 tornado. The U.S. Attorney’s office says...
Healthcare Firms at Risk; Hackers Value Medical Records Over Credit Data
Sep 26 2014 // Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital...
27 Arrested in Pennsylvania’s Statewide Insurance Fraud Sweep
Sep 25 2014 // Pennsylvania’s Attorney General Kathleen G. Kane announced this week the arrest of 27 individuals across the state for a variety of unrelated insurance fraud offenses. The recent sweep was the result of...
Maryland Officer Charged in Workers’ Comp Fraud Case
Sep 25 2014 // A Montgomery County, Maryland, police officer has been charged with perjury and workers’ compensation fraud. Gilbert Payne was charged Tuesday in Baltimore City Circuit Court. The 40-year-old Payne didn’t...
Texas Construction Company Owners Sentenced for Workers’ Comp Fraud
Sep 25 2014 // Texas Mutual Insurance Co. reported that a Travis County district court sentenced Anthony Stokes and Mario Williams of Little Elm, Texas, for workers’ compensation fraud-related charges. Stokes and Williams were...
Former Oklahoma Insurance Agent Arrested for Fraud
Sep 25 2014 // An investigation by the Oklahoma Insurance Department’s Anti-Fraud Unit has led to the arrest of former insurance agent Nathan Sullivan, Jr., 47. Sullivan is accused of defrauding a Weatherford woman out of more than...
N.J. Insurance Adjuster Pleads Guilty in Fraud Scheme
Sep 24 2014 // The owner of an insurance adjusting firm has pleaded guilty to mail fraud charges stemming from a scheme to defraud the New Jersey Turnpike Authority and several insurers. Federal prosecutors say 54-year-old Robert...
Home Depot Breach Tied to Bank Account Fraud, Reports WSJ
Sep 23 2014 // Home Depot Inc.’s data breach, which put about 56 million payment cards at risk, has fed fraudulent transactions that in some cases have drained money from customer bank accounts, the Wall Street Journal...
Oklahoma Man Drives Truck into Lake, Gets Charged with Insurance Fraud
Sep 23 2014 // Oklahoma Attorney General Scott Pruitt has filed insurance fraud charges against Brian Troutman for falsely submitting a claim for the loss of his vehicle. According to the AG’s office, a fraud unit investigation...
Berkshire Hathaway Specialty Enters Fidelity & Crime Market; Names AIG’s O’Neill
Sep 23 2014 // Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort. O’Neill joins BHSI with 30 years of fidelity and crime...
Maryland County Public Schools CFO Suspended for Insurance Fraud
Sep 23 2014 // The chief financial officer for Prince George’s County public schools in Maryland has been placed on administrative leave after the Maryland Insurance Administration found he had committed insurance fraud. A school...
Nursing Home Neglect Trial Challenges Shell Company Transfers
Sep 23 2014 // Juanita Jackson died in July 2003, five weeks after she was removed from a Florida nursing home where her family said continual neglect led to multiple bedsores, malnutrition and a fall that injured her head. Trying to...
AG Holder Seeks Tools to Prosecute Executives for White Collar Crimes
Sep 22 2014 // U.S. Attorney General Eric Holder last Wednesday called for Congress to take steps to help prosecutors build criminal cases against senior Wall Street executives, saying companies often insulated their leaders from...
E&O Insights: How Well Do You Know Your Workers’ Compensation Risk?
Sep 22 2014 // The workers’ compensation class of business results in upwards of 10 percent of all errors and omissions (E&O) claims every year. While this may not seem like a lot, it is a class agents must be sensitive to for...
Fighting Cybercrime
Sep 22 2014 // HSB, a specialty insurer that is part of Munich Re, along with Trail of Bits, a New York cybersecurity firm, recently presented a “Hacker Lab” to provide risk mitigation resources for small business owners. The...
Texas Pickup Trucks Stolen the Most: NICB Report
Sep 22 2014 // Pickup trucks may not be the “official vehicle” of the state of Texas, but if the state had one, the truck would certainly be in the running for official status. Besides being popular with drivers in Texas,...
Michigan Panel: Special Authority Needed to Target Car Insurance Fraud
Sep 19 2014 // Michigan should create a special authority devoted to targeting auto insurance fraud and require insurers to more frequently send electronic verification of drivers’ insurance to the state, a task force...
Workers’ Comp Fraud Charges Filed on Utah Man
Sep 19 2014 // A Utah man who suffered a knee injury while working at the Montana State Prison is charged with defrauding the state worker’s compensation fund by collecting total disability benefits while running a construction...
Insurance Will Absorb Some Costs in Home Depot’s Giant Privacy Breach
Sep 19 2014 // Home Depot Inc. Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year’s...
Fraud Costs Michigan Drivers $220M a Year
Sep 18 2014 // Auto insurance fraud costs Michigan drivers more than $220 million a year, Secretary of State Ruth Johnson announced while unveiling a set of 17 legislative and regulatory anti-fraud recommendations offered by the Fighting...
