Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Former Idaho Councilman Sentenced For Insurance Fraud
Feb 7 2014 // A former Nampa City Council member in Idaho has been sentenced to 90 days in jail and 12 years of supervised probation for insurance fraud. The Idaho Press-Tribune reported that terms of the sentence given to Bob Schmidt...
California Psychologist Sentenced In Workers’ Comp Fraud
Feb 6 2014 // A psychologist apologized Tuesday in a Los Angeles court for defrauding the federal government with inflated and fraudulent workers’ compensation claims. Dr. Arnold P. Nerenberg of Whittier said Tuesday he was...
22 Charged in Florida Staged Flood, Fire Fraud Ring
Feb 6 2014 // A major fraud ring that staged fires and floods at South Florida homes to collect millions of dollars in claims from insurance companies has been broken up with charges against 22 people, authorities said Tuesday. The...
Court Denies AIG Ex-CEO Greenberg Bid to Remove Judge From New York AG Case
Feb 5 2014 // Maurice “Hank” Greenberg, the former chairman of American International Group Inc., lost his bid to remove a judge from a lawsuit brought in 2005 by the New York state attorney general accusing him of...
Florida’s ‘Operation Leaky Pipes’ Leads to 12 Insurance Fraud Arrests
Feb 4 2014 // Florida CFO Jeff Atwater said an ongoing insurance fraud investigation known as “Operation Leaky Pipes” has led to the arrests of 12 Miami residents. He said the investigation uncovered a scheme between a...
2 Californians Convicted for $154M Medical Insurance Fraud
Feb 2 2014 // A Southern California doctor and an attorney face prison terms for participating in a $154 million medical fraud scheme in which hundreds of healthy patients underwent unnecessary surgeries to fraudulently bill insurance...
Illinois Man Gets 6-Months in Jail for Insurance Fraud
Jan 29 2014 // A northern Illinois man has been sentenced to 6 months in jail for insurance fraud and forgery. Kane County prosecutors say 53-year-old Juventino Guzman of Elgin falsely claimed he’d slipped, fallen and was injured...
Former N.J. Pharmacist Admits Role in $1.5M Health Care Fraud Scheme
Jan 28 2014 // The former pharmacist-in-charge of a northern New Jersey pharmacy has admitted his role in a decade-long, $1.5 million health care fraud scheme involving twin brothers who owned the business. Federal prosecutors say...
North Carolina Arrests 5 in Alleged Staged Accidents; 2 Suspects Sought
Jan 28 2014 // North Carolina Insurance Commissioner Wayne Goodwin this week announced the arrests of five people in an alleged insurance fraud scheme involving several staged auto accidents in Buncombe County. Department of Insurance...
Ohio Chiropractor Owes nearly $70K for Workers’ Comp Fraud
Jan 28 2014 // An Ohio chiropractor was sentenced to pay nearly $70,000 in restitution and investigation costs to the Ohio Bureau of Workers’ Compensation (BWC). Tariq Arif pleaded guilty Jan. 13 in the Franklin County Court of...
Louisiana Clinic Worker Arrested for Prescription Drug Fraud
Jan 28 2014 // Baton Rouge, La., police have arrested one man accused of being part of a prescription drug ring in which more than 200 fraudulent prescriptions for the powerful pain-killing drugs oxycodone and hydrocodone from a Baton...
Companies Can’t Stop Data Theft at Reasonable Cost: Execs at Davos
Jan 24 2014 // Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies’ efforts to protect it, senior businessmen and bankers gathering for the World Economic Forum...
Portrait of an Employee Fraudster
Jan 23 2014 // Fraud Schemes Depend on Opportunity, Incentive, Rationalization It may come as a surprise to some that the typical fraudster in the workplace is not the bad-attitude ne’er-do-well that slinks off into the corner when...
San Antonio Man Sentenced for Workers’ Comp Fraud
Jan 23 2014 // Travis County district court sentenced Anthony Coleman Garza of San Antonio on workers’ compensation fraud-related charges, according to an announcement by Texas Mutual Insurance Co. The court sentenced Garza to...
Industry Groups Applaud N.Y. Gov.’s Initiative to Crack Down on Auto Fraud
Jan 22 2014 // Insurance associations are applauding New York Gov. Andrew Cuomo’s proposal for a multi-pronged approach to combating auto insurance fraud. The initiative was outlined in the 2014–2015 executive budget proposal...
Officials Suspect 2 Nabbed in Texas Linked to Target Fraud Case
Jan 22 2014 // Two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise, according to a South Texas police...
New York’s AG Forms New Bureau to Fight Complex Financial Crimes
Jan 21 2014 // New York Attorney General Eric Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years after Governor Andrew Cuomo created a regulator with a similar mandate. Gary Fishman,...
Threats from Cyber Crime, Terrorism Under-Rated by Captives: Aon Report
Jan 17 2014 // Aon Global Risk Consulting, the risk management consulting arm of Aon plc has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected...
N.J. Police Officer Loses Job, Sentenced to 3 Years Probation for Insurance Fraud
Jan 15 2014 // A Newark, New Jersey, police officer who had his sport utility vehicle set on fire and then filed a false insurance claim has been spared a prison term. Essex County prosecutors in New Jersey say 41-year-old Johnathan...
Portrait of an Employee Fraudster
Jan 13 2014 // Schemes Depend on Opportunity, Incentive, Rationalization It may come as a surprise to some that the typical fraudster in the workplace is not the bad-attitude ne’er-do-well that slinks off into the corner when faced...
