Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Hawaii Enacts 4 New Laws To Curb Cybercrimes
Jul 17 2012 // Four new Hawaii laws are aimed at curbing cybercrimes. Gov. Neil Abercrombie recently signed bills to combat cyberbullying, to prohibit adults from soliciting minors to electronically transmit nude images of minors and to...
Buffalo Region Has Highest Auto Theft Rate in New York State: Report
Jul 12 2012 // The New York Insurance Association said Thursday the Buffalo-Niagara Falls metropolitan area has the highest vehicle theft rate in New York State. The region had a vehicle theft rate of 161.19 thefts per 100,000...
Man Faces Charges After Claiming $20,000 for Fake Dead Cat
Jul 5 2012 // A Tacoma, Wash. man is facing attempted theft and insurance fraud charges after filing a $20,000 claim for a fictitious dead cat, using pet photos he lifted off the internet. “We’ve handled some pretty unusual...
Former Claims Manager Indicted for Fraud Scheme in Massachusetts
Jul 3 2012 // Massachusetts officials said two men — including a former claims manager — have been indicted in connection with a scheme to fraudulently collect an insurance payment of more than $23,000. “We allege that...
Florida’s Anti-Fraud Auto Insurance Law Now in Effect
Jul 2 2012 // A trio of constitutionally questionable measures and legislation designed to crack down on no-fault auto insurance fraud are among about 150 new Florida laws going into effect Sunday. A law that bans state and local...
Report: Vehicle Theft Falls, California Still Dominates Top 10 List
Jul 2 2012 // The National Insurance Crime Bureau reported 2011 is on track for another consecutive year of declining vehicle thefts, but California still dominates the top 10 list for areas highest auto theft rates. Seven of the top 10...
Former AIG, Gen Re Execs Admit to Fraud, Pay Fines
Jul 2 2012 // Five former executives of American International Group Inc and Berkshire Hathaway Inc unit Gen Re admitted to conducting a fraudulent reinsurance transaction on June 22 as part of a deal to end a years-long criminal case...
Nebraska Insurance Agent Admits Fraud
Jul 2 2012 // One of three former Nebraska insurance agents accused of defrauding more than 250 investors out of $29 million has pleaded guilty and agreed to help prosecutors. The Grand Island Independent reported that Kenneth Mottin,...
Professional Liability Exposures Evolve with Changing Healthcare Environment
Jul 2 2012 // National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed...
Former Fugitive Doctor in U.S. Custody, Facing Fraud
Jun 29 2012 // A doctor who spent a dozen years on the run from federal fraud charges in Illinois has been returned to the United States from Peru. Sixty-five-year-old Dr. Juan Rios was arraigned in federal court in East St....
Nebraska Construction Company Owner Sentenced for Wire, Insurance Fraud
Jun 26 2012 // A Fremont, Neb., man has been sentenced to 18 months in federal prison for a wire fraud conviction that cost banks and insurance companies in Nebraska and Iowa millions of dollars. Thomas Herink was sentenced in...
North Carolina Pastor Charged with Insurance Fraud
Jun 25 2012 // A pastor in North Carolina has been arrested and accused of taking about $23,000 in an insurance scam. The Hickory Daily Record reported that 47-year-old Chuck Hager was arrested and charged with 13 felonies. The pastor of...
Former AIG, General Re Execs Admit to Reinsurance Fraud, Pay Fines
Jun 25 2012 // Five former executives of American International Group Inc. and Berkshire Hathaway Inc. unit General Reinsurance admitted to conducting a fraudulent reinsurance transaction on Friday as part of a deal to end a years-long...
Deal Reached in AIG, General Re Executives’ Fraud Case
Jun 22 2012 // A deal has been reached to prevent a new criminal fraud trial for former executives of American International Group Inc. and Berkshire Hathaway Inc. unit Gen Reinsurance, federal prosecutors said on Friday. “The...
Wisconsin Insurance President Indicted for Fraud
Jun 22 2012 // A federal grand jury has indicted the president of a Wausau insurance company on 24 counts of fraud. According to an indictment, J.N. Manson Agency President Timothy Mathwich forged insurance premium finance notes for...
CDI Gives $32 Million to Fight Workers’ Comp Fraud
Jun 21 2012 // The California Department of Insurance will distribute $32 million in grants to district attorneys in California to support efforts to investigate and prosecute workers’ compensation insurance fraud. Every year, the...
Oklahoma Physician, Hospital Settle Fraud Case for $1.5M
Jun 21 2012 // State and federal officials say an Oklahoma hospital and physician have agreed to a $1,550,000 payout to settle a health care fraud case. Sanford C. Coats, U.S. attorney for the Western District of Oklahoma, and Oklahoma...
Appeals Court Throws Out Kentucky Bank’s Investment Lawsuit
Jun 21 2012 // A Kentucky-based bank that lost at least $14 million on mortgage-backed securities failed to read documents associated with the investment and didn’t give enough specifics to sustain claims of fraud against...
Mississippi Man Jailed for Insurance Fraud
Jun 21 2012 // A 31-year-old Jones County, Miss., man is jailed on an insurance fraud charge. The state attorney general’s office told the Hattiesburg American, Terrell McAndrews of Heidelberg has been indicted and arrested on one...
Nebraska Insurance Agent Pleads Guilty to Mail Fraud
Jun 21 2012 // One of three former Grand Island, Neb.-based insurance agents accused of defrauding more than 250 investors out of $29 million has pleaded guilty. The Grand Island Independent reported that Kenneth Mottin, of St. Libory,...
