Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Ex-Iowa Insurance Agent Pleads Guilty in Mail Fraud Case
Sep 26 2013 // A Marshalltown, Iowa, insurance agent accused of selling customers fake insurance policies has pleaded guilty to a charge of wire fraud in a plea agreement reached with prosecutors. In exchange for the guilty plea four...
Public Adjusting Firm, Owner Admit Insurance Fraud in New Jersey
Sep 25 2013 // State authorities in New Jersey say a Monmouth County-based public adjusting company has admitted submitting fraudulent insurance claims in an attempt to defraud a New Jersey-based insurer out of more than $15,000. Long...
BofA Denies Government Claim of ‘Massive Fraud’ in Trial Over Mortgages
Sep 25 2013 // Bank of America Corp.’s Countrywide unit placed profits over quality in a “massive fraud” selling shoddy mortgages to Fannie Mae and Freddie Mac, a U.S. government lawyer said on Tuesday. The claim came...
Mississippi Insurance Agency Owner Charged with Fraud
Sep 23 2013 // A Philadelphia, Miss., man has been charged with multiple counts of insurance fraud. Attorney General Jim Hood said in a news release that 46-year-old Phillip Willis was indicted in Neshoba County on three counts of false...
Anticipation
Sep 23 2013 // The fight against insurance fraud never ends. And despite efforts to combat fraud most insurers anticipate an increase in fraud. One in three U.S. and Canadian insurers do not feel adequately protected against fraud,...
New Jersey Cardiologist Accused of Fraudulent Billing
Sep 20 2013 // A New Jersey cardiologist stands accused of stealing more than $52,000 by billing insurance companies for services that allegedly were performed while he was out of the country. Ahmad Mossavi, also known as Seyed...
Mississippi City Employee Sentenced for Fraudulent Deer Accident Claim
Sep 20 2013 // A former code enforcement officer in Natchez has been sentenced to two years’ probation for insurance fraud. The Natchez Democrat reported that 58-year-old Willie B. Jones was sentenced this past week by Circuit...
Michigan Secretary of State Launches Anti-Fraud Task Force
Sep 19 2013 // With the aim of battling auto insurance fraud, Michigan Secretary of State Ruth Johnson has launched an anti-fraud task force – Fighting Auto Insurance Rip-offs (FAIR) – that involves Michigan State Police,...
Allstate Wins Major Medical Fraud Lawsuit in Nevada
Sep 18 2013 // Allstate Insurance Co. received a judgment of more than $7 million following a Racketeering Influenced in Corrupt Organizations investigation nearly 10 years in the making. It is the company’s first medical fraud...
Mississippi Man Charged with Property Insurance Fraud
Sep 18 2013 // A Washington County, Mississippi man has been charged with three counts of insurance fraud involving property claims. Attorney General Jim Hood said in a news release that 31-year-old Oliver Johnson of Greenville was being...
Violent, Property Crimes Decreased in 2012: FBI
Sep 16 2013 // The FBI estimates that in 2012, the number of violent crimes increased 0.7 percent while property crimes decreased 0.9 percent, the tenth straight year of declines for these offenses, collectively. The 2012 statistics show...
Insurers Expect Increase in Personal Lines, Workers’ Compensation Fraud
Sep 13 2013 // One in three U.S. and Canadian insurers does not feel adequately protected against fraud and more than half expect personal lines and workers’ compensation fraud to increase this year. The survey by FICO, a...
Iowa Division of Insurance Launching Fraud Fighters Program
Sep 12 2013 // The Iowa Insurance Division has launched a new anti-fraud program to help Iowans protect their money. The program is called Iowa Fraud Fighters – Shield Your Savings. It comes in response to a wave of new cons targeting...
Mississippi County Employee Charged with Workers’ Compensation Fraud
Sep 11 2013 // A Jasper County, Miss., man has been indicted on charges of workers’ compensation fraud. Attorney General Jim Hood said 55-year-old David Myrick Cox, of Louin, surrendered to investigators with his office’s...
Hiscox Adds Cyber Crime Protection for Small, Medium-Sized Businesses
Sep 11 2013 // Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing...
U.K. Crime Agency Won’t Name Insurers Using Illegal Sources
Sep 11 2013 // The U.K.’s Serious Organised Crime Agency refused to reveal the names of law firms and insurance companies that may have hired convicted private investigators who illegally gained information. SOCA declined to...
Crop Insurance: A Growing Problem in Time of Record Farm Profits
Sep 9 2013 // A Depression-era program intended to save the nation’s farmers from ruin has grown into a 21st- century crutch enabling affluent growers and financial institutions to thrive at U.S. taxpayer expense. Federal crop...
Property Auctioned in Wisconsin Insurance Fraud Case
Sep 9 2013 // Fur coats, diamonds and Rolex watches were among hundreds of items once owned by a pair of Wausau, Wis., insurance executives that have been auctioned off to pay for their multimillion-dollar fraud scheme. Federal agents...
Ohio Business Owner Sentenced for Workers’ Comp Fraud
Sep 9 2013 // A Cleveland, Ohio, man has been sentenced after a jury convicted him of failing to maintain workers’ compensation coverage for his business. Donald L. “Donnie” Schilling, owner of Cleveland Tire &...
3 N.J. Men Accused of Filing Fraudulent Cell Phone Insurance Claims Worth $160K
Sep 6 2013 // New Jersey authorities said three New Jersey men have been charged with engaging in a scheme to submit fraudulent cell phone loss claims to Asurion Insurance Services. The Passaic County Prosecutor’s Office said...
