Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Georgia Insurance Agent Sentenced for Insurance Fraud
May 26 2011 // A Georgia insurance agent who took premiums from a nonprofit pleaded guilty in Bibb County Superior Court to one count of insurance fraud. Broadus W. Marshall Jr. of Macon was sentenced to 10 years of probation, 500 hours...
Rhode Island Radio Host to Plead Guilty to Insurance Fraud
May 25 2011 // A Rhode Island radio personality has agreed to plead guilty to taking part in an insurance fraud scheme involving a former North Providence town councilman recently sentenced on fraud and corruption charges. Federal...
Violent, Property Crimes Dropped in 2010: FBI
May 24 2011 // Violent crime is down 6.2 percent and property crimes have decreased 2.8 percent in the U.S., according to the latest government statistics. Also, arson offenses, which are tracked separately from other property crimes, is...
Michigan Charges Detroit Agency, Producer with Fraud
May 23 2011 // Michigan officials are warning Detroit-area drivers that they may have unknowingly purchased fraudulent automobile insurance certificates from an entity claiming to be a Michigan-licensed insurance agency named Ethos...
New Jersey Insurance Broker Indicted for Election Fraud
May 23 2011 // A New Jersey insurance broker already charged in a bribery scheme with a former schools superintendent has been indicted on federal election fraud charges. Francis Gartland is accused of scheming with another man to...
Trustee: Mets Tried to Buy Fraud Insurance
May 23 2011 // A court-appointed trustee says the owners of the New York Mets reaped profits from Bernard Madoff’s financial Ponzi scheme even as they shopped for insurance to protect themselves in case the scam collapsed. Trustee...
Three Convicted in Massachusetts Auto Fraud Ring Case
May 17 2011 // A Massachusetts jury has returned guilty verdicts against three men — including a lawyer and a chiropractor — accused of staging several fraudulent motor vehicle accidents, according to the attorney general’s...
Brooke Insurance Franchise Executives Settle SEC Fraud Charges
May 16 2011 // Five executives of the failed Kansas-based insurance agency franchise firm Brooke Corp. have agreed to settle charges of financial fraud brought against them by the Securities and Exchange Commission. Charges against a...
Brooke Insurance Franchise Executives Settle SEC Fraud Charges
May 16 2011 // Five executives of the failed Kansas-based insurance agency franchise firm Brooke Corp. have agreed to settle charges of financial fraud brought against them by the Securities and Exchange Commission. Charges against a...
Former New Orleans Aviation Director Sentenced in Insurance Fraud Case
May 13 2011 // A federal judge has sentenced Sean Hunter, the former director of aviation at Louis Armstrong International Airport, to one year and a day in prison in a Hurricane Katrina insurance fraud case. The Times-Picayune reports...
Name Reversal Used as Evidence in Workers’ Comp Fraud Case
May 9 2011 // Ondrej Marga faces a potential prison sentence after claiming he was Marga Ondrej. The operator of a Putnam County construction company, Ondrej Marga was arrested for fraudulently attempting to obtain workers’...
Brooke Insurance Franchise Executives Settle SEC Fraud Charges
May 4 2011 // Five executives of the failed Kansas-based insurance agency franchise firm Brooke Corp. have agreed to settle charges of financial fraud brought against them by the Securities and Exchange Commission. Charges against a...
Florida Clinic Owner and Employees Charged in PIP Case
May 4 2011 // A medical clinic owner in Florida has been arrested on charges of fraud and theft in association with bogus automobile personal injury protection claims. Florida Chief Financial Officer Jeff Atwater announced that Jean...
U.S. Sues Deutsche Bank Over Mortgage Fraud
May 3 2011 // The United States sued Deutsche Bank AG for more than $1 billion, accusing the German bank of defrauding the government by repeatedly lying to obtain federal insurance guarantees on mortgage debt. The lawsuit filed Tuesday...
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...
