Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Terre Haute, Indiana Sees Rise in Mo-Ped Thefts
May 6 2014 // With gas prices close to $4 per gallon, Terre Haute resident Russell Moffatt had been happy to park his gas-guzzling pickup truck in favor of a fuel efficient mo-ped that he could ride to work. That is, until someone stole...
Security Expert Practices ‘Cyber-Hygiene’ to Guard Against ID Theft
May 6 2014 // You won’t find security expert Michael Chertoff doing silly everyday things like using public WiFi, logging in with the same password on every site he uses, clicking on dubious links or falling for a phishing...
Warning Signs of Claimant Fraud
May 5 2014 // 1. Monday Morning: The alleged injury occurs first thing on Monday morning, or the injury occurs late on Friday afternoon but is not reported until Monday. 2. Employment Change: The reported accident occurs immediately...
Workers’ Compensation Fraud: The Insurance Producer’s Role
May 5 2014 // There are essentially two types of workers’ compensation fraud – premium fraud and claimant fraud – and insurance producers can play a role in the discovery and resolution of both, according to one investigator...
Ex-CEO Admits Stealing From Charity With Insurance Scam
May 5 2014 // The politically connected former CEO of a prominent New York City charity admitted on April 23 he helped steal more than $9 million from the organization in an insurance scheme that authorities linked to campaign...
1966 Red Mustang Returned to Owner 20 Years After Being Stolen
May 4 2014 // Betsy Montgomery, drove the same car on her 55th birthday that she drove as a 15-year-old living in south Jackson, Mississippi — a 1966 red Mustang that her dad bought from the original owner in 1973. How she got the...
Wisconsin Loggers Stealing Valuable Walnut Trees
May 1 2014 // Loggers spurred by the high price of walnut wood have been illegally cutting down trees on private property in southern Wisconsin, a sheriff said. Rock County Sheriff Robert Spoden told Wisconsin State Journal this week...
N.Y. Rep. Grimm Calls 20-Count Indictment Against Him ‘A Political Witch Hunt’
Apr 30 2014 // U.S. Rep. Michael Grimm (R-N.Y., 11th District), who as a House Financial Services Committee member was instrumental in adopting the flood insurance relief bill and in advocating for renewal of Terrorism Risk Insurance...
N.J. Resident Charged With Submitting Fraudulent Invoices to Health Insurer
Apr 28 2014 // A Monmouth County, New Jersey, woman has been indicted for allegedly submitting more than $500,000 in bogus invoices to her health insurance company. A state grand jury indictment alleges that from March 2011 and March...
Texas Investigated More than 550 Insurance Fraud Cases in 2013
Apr 28 2014 // Texas Department of Insurance Fraud Unit opened investigations into more than 550 insurance fraud cases in 2013. More than $10.3 million in insurance fraud was identified in criminal cases referred for prosecution in 2013,...
Richardson, Texas, Steps Up Automobile Crime Prevention Efforts
Apr 25 2014 // The Richardson Police Department will soon be distributing automobile crime prevention signs throughout the city with the assistance of the Insurance Council of Texas and State Farm. The signs read “Secure your...
Ex-CEO Admits to Stealing Millions from Poverty Charity with Insurance Scam
Apr 25 2014 // The politically connected former CEO of a prominent city charity admitted Wednesday he helped steal more than $9 million from the organization in an insurance scheme that authorities linked to campaign...
University of Kentucky Turns to Cameras, ID Cards to Fight Crime
Apr 24 2014 // Campus police at the University of Kentucky say new surveillance cameras are helping them fight crime. UK Police Chief Joe Monroe told WKYT-TV that the school has 400 cameras installed so far and another 1,600 are...
Ohio Man Sentenced for Theft in $9,000 Insurance Fraud Case
Apr 24 2014 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that Cleveland resident John Deskins was sentenced to two years of probation in Cuyahoga County Common Pleas Court for theft in an...
GM Car Owners Allege Fraud in Challenging GM Bankruptcy Protection
Apr 23 2014 // General Motors Co.’s request for court protection from 50 car-owner lawsuits seeking compensation for millions of recalled autos with defective ignition switches was attacked as legally...
Maine Man Found Guilty of Workers’ Comp Fraud
Apr 21 2014 // An Aroostook County jury in Maine has convicted a northern Maine man of theft of more than $10,000 in workers’ compensation benefits. Prosecutors said last Friday that 63-year-old Stephen Tucker Sr. received more...
N.J. Roofing Co. Exec Admits to Misleading Its Workers’ Comp Carrier
Apr 17 2014 // Authorities said the president of a roofing company in New Jersey pleaded guilty to providing false and misleading information to the company’s workers’ compensation carrier in order to avoid paying hundreds of...
Texas Agent Faces 10 Years in Prison for Insurance Fraud Conviction
Apr 17 2014 // A Fort Worth man faces ten years in federal prison following a conviction for insurance fraud, the Insurance Department of Texas reported. Caleb Deason, an insurance agent for Transamerica Life Insurance Co., was convicted...
Southern California Agent Sentenced For Ponzi Scheme
Apr 15 2014 // Michael Zuno Zuniga, 43, of Fullerton, was sentenced to five years in Los Angeles County Jail and ordered to pay $1.2 million in restitution for his participation in a Ponzi scheme targeting Los Angeles area...
Secure Settlements Launches Mortgage Settlement Insurance
Apr 11 2014 // Secure Settlements, Inc. (SSI),a data intelligence and risk analytics company for the mortgage industry, has partnered with RFIB Group Ltd. and certain underwriters at Lloyd’s of London to offer a new product that...
