Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
3 Ohio Cities Among Those with High Car Theft Rates
Jun 22 2011 // Three places in Ohio are among the 100 U.S. cities with the worst car theft problems. A report released Tuesday by the National Insurance Crime Bureau shows Cleveland ranks 82nd, with just over 271 vehicles stolen in 2010...
Washington Man Charged With Auto Insurance Fraud
Jun 21 2011 // A Tacoma, Wash., man faces multiple charges after allegedly filing forged documents in an auto theft claim, the state Office of the Insurance Commissioner announced. Cash B. Knott, 45, has been charged in Pierce County...
New York Mets: We Didn’t Shop for Madoff Ponzi Insurance
Jun 21 2011 // Owners of the New York Mets pro baseball team rejected allegations in a $1 billion lawsuit that they once shopped for fraud insurance to insulate themselves from Ponzi schemer Bernard Madoff. Fred Wilpon and Saul Katz,...
Calif., Wash. Lead Nation in Car Thefts
Jun 21 2011 // While car thefts nationwide have declined, the western states have the uneviable distinction of having the most car thefts in the nation. According to a new report by the National Insurance Crime Bureau, the top 10 spots...
RLI Marine Joins CargoNet to Address Cargo Theft
Jun 20 2011 // RLI Corp.’s marine division has joined CargoNet, a network that battles cargo theft through data sharing between private industry and law enforcement. “Cargo theft in the U.S. is a billion-dollar a year...
Ohio Man Guilty of Fraud, Illegally Collected $30,000 in Workers’ Comp
Jun 20 2011 // Frank Fogle, a Barnesville, Ohio, (Belmont County) truck driver, has been sentenced for fraud after he concealed his employment in order to continue receiving workers’ compensation benefits. Fogle was found guilty in...
Storm Fraud
Jun 20 2011 // Oklahoma Attorney General Scott Pruitt filed felony fraud charges against an Oklahoma construction contractor who homeowners said accepted payment for roof repair without performing the work. Six counts of violating the...
Is Paternity Fraud a Grounds for Lawsuit?
Jun 20 2011 // The Tennessee Supreme Court has agreed to hear a case that could decide whether a man has legal grounds to sue for being duped into supporting a child that turns out to be fathered by someone else. Legal experts believe it...
U.S. Retailers Report Rise in Organized Crime, Cargo Theft
Jun 20 2011 // Sophisticated technology, less staff at stores and more gang activity are all contributing to more U.S. stores being hit by organized crime, according to a survey by an industry group. Of 129 retailers, primarily national...
Flags Flown at Half-Staff in Louisiana to Honor Slain Insurance Investigators
Jun 20 2011 // American and Louisiana flags flew at half-staff outside Louisiana government buildings on June 9 and 10 in a show of respect for two state insurance fraud investigators who were shot to death on June 7. Gov. Bobby Jindal...
South Carolina Lawmakers Agree on Copper Theft Bill
Jun 17 2011 // A South Carolina bill designed to curb thieves from ripping copper from air-conditioning units and farm irrigation systems is heading to Gov. Nikki Haley. The Senate voted 39-1 this week to agree to changes made in the...
Ohio BWC: 7 Workers’ Compensation Fraud Convictions in May
Jun 16 2011 // Ohio Bureau of Workers’ Compensation (BWC) Administrator/CEO Stephen Buehrer announced that seven individuals were convicted or pleaded guilty to charges related to defrauding Ohio’s workers’ compensation...
Texas Woman Sentenced in Workers’ Comp Fraud Case
Jun 15 2011 // Texas Mutual Insurance Company reported that a Travis County district court sentenced Ellynn A. Ogilvie of Houston to five years of probation, 450 community service hours and a $2,000 fine for workers’ compensation...
Florida Alleges $2.7 Million Workers’ Compensation Fraud
Jun 14 2011 // Florida regulators have announced the arrest of a North Carolina man who allegedly collected more than $2.7 million in workers’ compensation premiums from a company by providing a fake policy. Florida Chief Financial...
Supreme Court Defines Primary Liability in Mutual Fund Prospectus Case
Jun 13 2011 // Janus Capital Group Inc. and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled Monday. By a 5-4...
Louisiana Insurance Fraud Investigators May Carry Guns in Future
Jun 10 2011 // A day after two unarmed Louisiana insurance fraud investigators were gunned down while looking into a case, the state insurance commissioner said that his department may have their agents carry weapons. Kim Sledge and...
Father’s Day: Tennessee Court Considers Paternity Fraud, Damages
Jun 10 2011 // The Tennessee Supreme court has agreed to hear a case that could decide whether a man has legal grounds to sue for being duped into supporting a child that turns out to be fathered by someone else. Legal experts believe it...
P/C Insurance Industry Wins, Loses in Scott’s First Session
Jun 10 2011 // It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter...
Lloyd’s Highlights Potential Impact from Cyber Crime, Data Loss
Jun 10 2011 // Cyber crime has become a high profile problem for risk managers, heightened as a result of the recent attacks by hackers on Sony. In an article on its web site Lloyd’s notes that risk manager are increasingly...
Oklahoma Contractor Charged With Fraud After Tornadoes
Jun 9 2011 // An Oklahoma construction contractor has been charged with taking payments to repair roofs damaged by recent tornadoes and strong storms, then failing to perform the work. Six felony counts of violating the Oklahoma...
