Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Mass. Businessman Charged with Filing False Claims, Stealing $40K
Oct 4 2011 // A Waltham, Mass., businessman who is alleged to have stolen nearly $10,000 with his insurance fraud and another $30,000 in a separate unemployment fraud scheme is scheduled to appear in court this week. In mid-August, John...
Insurance Agency Founder Sentenced for Fraud in D.C.
Oct 4 2011 // An insurance agency founder was recently placed on four years of supervised release and fined $10,000 in Washington, D.C., after earlier pleading guilty to insurance fraud, according to officials. Washington, D.C.,...
New York Officially Launches Financial Services Department
Oct 3 2011 // New York Department of Financial Services, the new department that combines the state’s insurance and banking regulators, was officially launched on Monday, Oct. 3. Financial Services Superintendent Benjamin Lawsky...
Cross Border Claims Frustrate Auto Carriers
Oct 3 2011 // Staged automobile accidents in Canada’s most populated province of Ontario pose a unique problem for American auto insurers that must deal with Ontario’s stringent no-fault benefits. Some U.S.-based adjusters...
Texas Man Sentenced to 60 Years for $100M Insurance Fraud
Sep 30 2011 // After hearing tearful testimony from several people whose life savings were stolen, a federal judge in Virginia sentenced a former Texas businessman to 60 years in prison for his role in a $100 million life insurance scam...
N.Y. Official Says Alleged Insurance Scam Artist Caught
Sep 29 2011 // New York Attorney General Eric Schneiderman announced the arrest of an alleged scam artist, Arthur Bogoraz, who officials contend devised a massive scheme to defraud insurance companies out of millions of dollars. Bogoraz...
Judge Narrows $1B Madoff Case vs. N.Y. Mets Owners
Sep 28 2011 // A federal judge narrowed a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for Bernard Madoff’s victims, and cast skepticism on how much might ultimately be...
One Frustrated Florida County Tackles Auto Insurance Fraud On Its Own
Sep 27 2011 // One county in Florida has decided not to wait on state lawmakers’ promise to address the insurance fraud and fix the state’s automobile no-fault law. It has passed its own ordinance to crack down on fraudulent...
Louisiana Agent Arrested for Alleged Insurance Fraud
Sep 27 2011 // A Metairie, La., insurance agent has been arrested for insurance fraud, state officials say. The Louisiana State Police Insurance Fraud/Auto Theft Unit arrested Angela Bodenheimer, 49, on one count of insurance fraud, the...
Iowa Won’t File Criminal Charges Against Texas Firm
Sep 27 2011 // Iowa won’t pursue criminal charges against a Texas company that’s accused of exploiting developmentally disabled workers at a turkey plant in eastern Iowa. According to the Des Moines Register, the Iowa...
Accounting Firm Sued for $7.6B, Accused of Missing Lender Fraud
Sep 27 2011 // Deloitte Touche Tohmatsu Ltd , the world’s largest accounting and consulting firm, was accused Monday of failing to detect fraud during its audits of one of the biggest private mortgage firms to collapse during the...
Des Moines, Iowa, Executive Pleads Guilty to Insurance Fraud
Sep 26 2011 // The president of a Des Moines, Iowa, firm that provides companies with temporary employees has pleaded guilty to a scheme to reduce the cost of his workers compensation insurance. Under a plea agreement reached with...
Texas Car Dealer Convicted in Title Washing Scheme
Sep 23 2011 // A federal jury in Texas has convicted a car dealer from Rowlett for ‘title washing,’ a fraudulent process through which a vehicle’s title is corruptly altered to conceal information that should normally...
Ex-Insurance Agent in Pennsylvania Sentenced for Fraud
Sep 21 2011 // A former northeastern Pennsylvania insurance executive has been sentenced to 5 1/2 to 16 1/2 years in state prison in what prosecutors said was a pyramid scheme worth at least $7 million. Brian Murray, 68, former head of...
Former Controller for Texas Insurer Sentenced for Wire Fraud Scheme
Sep 20 2011 // The former controller for a Houston-based property/casualty insurance company has been sentenced to 120 months in federal prison for her conviction of conspiracy to commit wire fraud involving almost $1 million in loss to...
Massachusetts Trucker Convicted of Insurance Fraud
Sep 20 2011 // A Massachusetts truck driver has been convicted of insurance fraud in New Hampshire for lying about damage to his truck, according to officials. New Hampshire Insurance Commissioner Roger Sevigny and Attorney General...
Louisiana Court Orders Injunction Against Insurance Fraud Ring
Sep 19 2011 // A Louisiana court has ordered a permanent injunction against members of an insurance fraud ring, banning them from further involvement in the insurance business in that state. Louisiana Insurance Commissioner Jim Donelon...
California Bail Bond Agents Arrested For Kidnapping, Extortion and Insurance Fraud
Sep 15 2011 // Three Northern California bail bondsmen have been arrested for allegedly kidnapping clients for the purpose of extortion and insurance fraud. Insurance Commissioner Dave Jones made the announcement on Thursday that bail...
Conn. Supreme Court to Take Up Ex-NFL Player’s Fraud Claim Against Lawyers
Sep 14 2011 // The Connecticut Supreme Court will take up a fraud lawsuit by ex-NFL player and investment firm founder Bob Simms against his ex-wife’s lawyers, brushing aside a lower court decision barring the claim. Simms, a...
Mississippi City Police to Send E-mail Crime Alerts
Sep 13 2011 // The Columbus, Mississippi Police Department is launching the Columbus Business Alert initiative, an effort to inform local businesses of crime information as it is happening. Police department spokeswoman Terrie Songer...
