Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Survey: Businesses Not Doing Enough to Protect Against Discrimination, ID Theft
May 2 2011 // Nearly a third of Americans report that businesses are not doing enough to protect them from workplace discrimination and identity theft. A recent survey by the Chubb Group of Insurance Cos. found that one in three people...
Louisiana Insurance Agent Gets Prison in Fraud Case
Apr 29 2011 // A 67-year-old Plaquemine, La., insurance agent has been sentenced to more than four years in federal prison for mail fraud that cost several of his insurance clients nearly $1.4 million. U.S. District Judge Brian A....
Major Florida PIP Reform Effort Dies in Committee
Apr 27 2011 // The industry’s push for comprehensive reforms to Florida’s no-fault personal injury protection (PIP) insurance law came to an abrupt end in Florida after a House committee by a single vote margin rejected a...
Supreme Court Hears Securities Fraud Loss Causation Arguments
Apr 27 2011 // The U.S. Supreme Court considered Monday whether to make it more difficult for shareholders to proceed with certain class-action securities-fraud lawsuits against publicly traded companies. The hour-long arguments before...
High Stakes in Today’s Supreme Court Case on Securities Fraud Suits
Apr 25 2011 // The U.S. Supreme Court on Monday is set to hear arguments in a case that could dramatically raise the bar for shareholders seeking to file class-action lawsuits against public companies. The issue is especially timely,...
Feds Charge 16 in Pennsylvania Identity Theft Scheme
Apr 25 2011 // Federal authorities say they’ve broken up an identity theft ring involving two bank tellers and an insurance company employee. Justice Department officials tell WPVI-TV that 16 people face charges in the operation...
Rhode Island Town Council Ex-President to Admit to Fraud
Apr 25 2011 // A former president of the North Providence town council has agreed to plead guilty to charges in an insurance fraud scheme involving a local radio host. Prosecutors say Robert Ricci conspired with another former North...
Sturgis, S.D., City Manager Convicted of Grand Theft in Insurance Scheme
Apr 22 2011 // A jury has found Sturgis, S.D., City Manager David Boone guilty of grand theft by deception after a three-day trial. KBHB radio reports that the jury deliberated nearly 3 1/2 hours on April 20 before convicting Boone on...
Prosecutors: Pennsylvania Garage Modified Forklift For Insurance Fraud
Apr 21 2011 // Prosecutors in Philadelphia say an auto body repair business used a forklift fitted with car bumpers as part of large-scale insurance fraud scheme involving a police officer and seven insurance appraisers. Authorities...
Missouri Insurers Say 15,000 Cars Stolen in 2010
Apr 20 2011 // An insurance group says car thieves in Missouri targeted the Ford Taurus more than any other car in 2010. Citing numbers from the Missouri State Highway Patrol, the Missouri Insurance Information Service says more than...
Supreme Court Denies Insurance Fraud Inmate’s Bid to Cut Sentence
Apr 19 2011 // The Supreme Court has rejected an appeal from a convicted insurance swindler who is protesting his 835-year prison term. The court did not comment Monday in turning away a plea from Sholam Weiss for his release from prison...
Oklahoma AG, Insurance Chief Revamping Fraud Units
Apr 15 2011 // Oklahoma’s new Republican insurance commissioner and top prosecutor say they’re revamping how insurance fraud is investigated and prosecuted in the state. Attorney General Scott Pruitt and Insurance...
Ohio Investigations Result in 12 Work Comp Fraud Convictions in March
Apr 15 2011 // Ohio’s chief workers’ compensation insurance regulator announced that 12 individuals were convicted or pleaded guilty to charges related to defrauding Ohio’s workers’ compensation system during the...
Florida Senate Committee Advances PIP Bills
Apr 14 2011 // A pair of bills aimed at cracking down on the runaway fraud that has vexed automobile insurers in recent years moved through a key Senate panel this week. The Senate Banking and Insurance Committee narrowly approved the...
U.S. Shuts Down Massive Cyber Theft Ring
Apr 14 2011 // U.S. authorities claimed one of their biggest victories against cyber crime as they shut down a ring they said used malicious software to take control of more than 2 million PCs around the world, and may have led to theft...
Insurance Fraud Claims on Rise in New York
Apr 13 2011 // Suspicious insurance claims in New York were up about 4.5 percent in 2010, an industry report shows. In 2010, insurers reported a total of 7,026 questionable claims in the state, compared with 6,726 in 2009, according to...
Pennsylvania Insurance Fraud Judge Facing State Discipline
Apr 13 2011 // The Judicial Conduct Board has begun disciplinary proceedings against a former Pennsylvania Superior Court judge serving a 46-month federal prison sentence for insurance fraud. It was not immediately clear if ex-Superior...
Florida’s ‘Most Wanted’ Insurance Fraudster Arrested
Apr 13 2011 // One of Florida’s first “Most Wanted” insurance criminals was arrest based on a tip provided through the state’s new fraud Web site. Florida Chief Financial Officer Jeff Atwater announced that Erline...
California Insurance Agent Pleads Guilty for Grand Theft
Apr 11 2011 // The California Department of Insurance announced that insurance broker Christopher Luna has pleaded guilty at the West Covina, Calif., Courthouse to two felony counts of Grand Theft. Luna was ordered to serve three years...
Ohio Man Pleads Guilty to Workers’ Comp Fraud
Apr 7 2011 // A North Baltimore, Ohio, man has pleaded guilty to one count to workers’ compensation fraud. An investigation by the Ohio Bureau of Workers’ Compensation (BWC) Special Investigations Division (SID) found that...
