Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Defense Expert at New York Trump Trial Testifies He Sees No Evidence of Fraud
Dec 11 2023 // Former President Donald Trump returned to his civil fraud trial last Thursday to spotlight his defense, renewing his complaints that the case is baseless and heaping praise on an accounting professor`s testimony that...
Former Jacksonville Jaguars Financial Manager Accused of Stealing $22M from Team
Dec 8 2023 // JACKSONVILLE, Fla. (AP) — A former financial manager for the Jacksonville Jaguars has been accused of stealing more than $22 million from the franchise through its virtual credit card program between 2019 and 2023,...
Two Charged in 40 Crimes Including Thefts of 16 Luxury Cars Worth $1 Million
Dec 8 2023 // Massachusetts Attorney General Andrea Joy Campbell announced indictments against two men for a total of 50 crimes including thefts of 16 luxury cars valued at more than $1 million. Dyllan Lopes, age 21 of Quincy, was...
California Labor Commissioner’s Office Reaches $5.5M Wage Theft Settlement
Dec 7 2023 // The California Labor Commissioner’s Office reached a $5.5 million settlement against Adat Shalom Board and Care Inc. to compensate 148 workers who worked at the employer’s six adult care facilities in Los...
Here Are Details of Trafigura’s Suit Against Businessman Gupta in Alleged Nickel Fraud
Dec 6 2023 // Indian businessman Prateek Gupta asked a London judge on Tuesday to lift an order freezing his personal and business assets, alleging that commodity trader Trafigura failed to disclose full information when it sought the...
US DOJ Slaps Criminal Fines on UK Brokers Tysers and H.W. Wood for Bribery
Dec 5 2023 // The US Department of Justice has slapped criminal penalties on UK reinsurance brokers Tysers Insurance Brokers Ltd. and H.W. Wood Ltd. as a result of their participation “in a corrupt scheme to pay bribes to...
Iowa Insurance Agent Pleads Guilty to Wire Fraud
Dec 4 2023 // An Iowa man pleaded guilty to wire fraud for using his position as an insurance agent and annuity salesperson to defraud elderly individuals out of their retirement savings and other monies. Zachary James Flaherty, age 47,...
Florida Authorities Charge 4 in Fraudulent Roof Claims, Issue Warrant for Contractor
Dec 4 2023 // Florida authorities have announced the arrest of four people in connection with an alleged scheme to deliberately damage roofs in order to qualify them for insurance claims. And another contractor well known to insurers...
Louisiana State Police Open Criminal Investigation Into McClenny Moseley
Dec 4 2023 // Louisiana State Police have opened a criminal investigation into efforts by McClenny Moseley & Associates and Apex Roofing to solicit customers after receiving a complaint by the state Insurance Department about...
Alleged Leader of Multi-State Auto Fraud Ring Arrested in Florida After 4 Years in Hiding
Nov 29 2023 // A Washington State man, on the lam for four years and wanted in connection with $6 million in auto insurance fraud schemes and staged accidents across the country, has been arrested in Florida. The U.S. Marshals Service...
Alex Murdaugh Gets 27 Years Added to Prison Time for $12M Theft From Clients
Nov 29 2023 // For years, South Carolina attorney Alex Murdaugh looked his anguished clients in the eyes and promised to help them with their medical bills, their suffering or simply to survive. Then he stole most, if not all, of what he...
MLB, Formula 1 Face Fraud Suits for Promoting FTX Cryptocurrency
Nov 28 2023 // FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new targets, including Major League Baseball, Formula 1 racing and...
Former St. Louis Alderman Indicted in Insurance Fraud Case Charged With Lying to Police About Carjacking Incident
Nov 27 2023 // ST. LOUIS (AP) – A former St. Louis alderman indicted in a fraud case was charged with lying to police about getting carjacked last year, authorities said. Brandon Bosley was charged Wednesday with one misdemeanor count...
California Reaches $1M Settlement in Wage Theft Case
Nov 27 2023 // The Labor Commissioner’s Office settled a lawsuit against Glendale, California-based Calcrete Construction Inc. for $1 million for multiple wage theft violations, including overtime and paid sick leave law...
Thanksgiving Cargo Theft Threat ‘Extremely High’: CargoNet
Nov 22 2023 // The threat of cargo theft activity this Thanksgiving is “extremely high” and “unlike any recent year,” according to CargoNet. CargoNet, a Verisk product, has tracked a sharp increase in...
District Police Combating Car Thefts and Carjackings With Dashcams and AirTags
Nov 22 2023 // Jeff Pena contacted his father as soon as he heard that police were passing out auto tracking devices to try to stem a sharp increase in carjackings, auto thefts and other crimes in the nation`s capital. “It`s just...
Florida Man Sentenced for Role In Workers’ Compensation Fraud Conspiracy
Nov 21 2023 // A federal judge has sentenced Ramon Paz of Lakeland, Florida to 33 months in federal prison for conspiracy to commit wire fraud to avoid paying for workers’ compensation insurance. According to the U.S....
‘I Am Guilty.’ Murdaugh Pleads to 22 State Financial Crimes for 27 Year Sentence
Nov 20 2023 // Alex Murdaugh pleaded guilty Friday to stealing millions of dollars from vulnerable legal clients in schemes lasting over a decade under an agreement that all but ensures more prison time for the longtime lawyer who was...
Fifth Member of Catalytic Converter Theft Crew Pleads Guilty
Nov 17 2023 // A Springfield, Massachusetts man pleaded guilty Tuesday in federal court in Boston to his role in a regional organized theft crew that officials say stole catalytic converters from more than 490 vehicles as well as from...
Hyundai, Kia Must Face Insurers’ Lawsuits Over Vehicle Thefts
Nov 17 2023 // A U.S. judge rejected bids by Hyundai and Kia to dismiss litigation by several hundred insurers seeking to recoup more than $1 billion they claim to owe drivers whose vehicles were stolen or damaged in a social...
