Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
New York Fraud Investigators Arrested 668 People Last Year
Mar 17 2011 // New York investigators arrested 668 people accused of insurance fraud last year, including a Brooklyn woman arrested after a fist fight, a surgeon who made $3.5 million by billing for working more than 24 hours a day, and...
No-Fault Claims Top New York Insurance Fraud List
Mar 15 2011 // Almost nine in 10 suspected health care fraud cases in New York last year came from no-fault auto injury claims, a cottage industry so rife with abuse that the state Insurance Department wants to tighten...
Ohio Reveals Top Insurance Fraud, Enforcements for 2010
Mar 11 2011 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor has announced the agency’s top insurance fraud and enforcement cases of 2010.The DOI opened more than 160 consumer insurance fraud cases last...
Florida House Leader Wants Separate Civil, Criminal Supreme Courts
Mar 9 2011 // Florida House Speaker Dean Cannon this week proposed creating a second Florida Supreme Court so that one set of justices could specialize on criminal appeals and the other on civil cases. The Winter Park Republican said a...
Has Time Come to Cap Whistleblower Awards?
Mar 8 2011 // Corporate whistleblowers are getting bigger and bigger payouts for reporting fraud, sparking a fresh debate about whether the rewards are justified. Whistleblowers have collected billions of dollars since the late 1980s by...
Florida Briefs
Mar 7 2011 // PIP Fraud Insurance companies are taking to the Internet to combat auto insurance fraud in Florida. The Property Casualty Insurers Association of American has launched www.InsuranceFraudUncovered.com, a Web site designed...
Fraud Tax
Mar 7 2011 // It’s not very often that private insurers, state regulators, lawmakers and consumer groups are all on the same page on an insurance issue in Florida—or any state, for that matter. But this miracle is taking place...
Florida Announces 17 Arrests in Largest-ever PIP Bust
Mar 3 2011 // Florida’s “Operation Deep Horizon” has netted 17 arrests — including a clinic owner, doctors, clinic employees and staged recruiters — in the state’s largest-ever auto personal injury protection...
Former Rhode Island Town Councilman Admits Taking Bribes
Mar 3 2011 // A former North Providence town councilman has pleaded guilty to corruption charges, admitting he solicited tens of thousands of dollars in bribes in exchange for votes to approve zoning changes as well as his role in an...
Florida Interests Unite Against Auto Accident Fraud
Mar 1 2011 // Florida insurers, government agencies and consumer advocate groups have established a statewide alliance to push for legislative reforms aimed at cracking-down on staged-accidents that the industry says are costing Florida...
New Mexico Fraud Bill Would Allow Judges to Aggregate Claims
Feb 28 2011 // The New Mexico Senate has passed a bill giving judges authority to aggregate the dollar amount of false insurance claims to determine the penalty before sentencing a fraudster. Judges can impose harsher sentences by...
Florida Insurers, Businesses Take Aim at PIP Fraud
Feb 24 2011 // Insurance companies are taking to the Internet to combat auto insurance fraud in Florida. The Property Casualty Insurers Association of American has launched www.InsuranceFraudUncovered.com, a Web site designed to...
New York Suit Against Accountant Over Lehman Takes Detour
Feb 24 2011 // New York state regulators face their first test soon in their accounting fraud lawsuit against Ernst & Young LLP over its role as auditor for Lehman Brothers Holdings Inc. The first major government legal action...
Garcia, Ross Reappointed to Texas Auto Burglary, Theft Prevention Authority
Feb 22 2011 // Texas Gov. Rick Perry has reappointed Carlos Garcia of Brownsville and Kenneth Ross of Houston to the state Automobile Burglary and Theft Prevention Authority for terms to expire Feb. 1, 2017. The authority assesses the...
Pittsburgh Agency Shut for Alleged Premium Fraud
Feb 22 2011 // The Pennsylvania Insurance Department has shut down Pittsburgh-based Morry Hoffman Agency Inc. for allegedly misappropriating $1 million in premiums. The agency wrote commercial policies for restaurants including liquor...
New Jersey Man Pleads Guilty in Car-Fire Fraud
Feb 17 2011 // A New Jersey man has pleaded guilty to torching is aunt’s car so she could collect insurance money — and pay him out of the proceeds for his role in the scheme, prosecutors said. Kristopher Wynder, of Vineland,...
Whistleblower Alleges JPMorgan Ignored Red Flags on Fraud
Feb 16 2011 // A former JPMorgan Chase & Co. private banker has filed a new whistleblower complaint against the bank, saying it ignored many red flags about a suspicious client even after the fraud of another client, Bernard Madoff,...
Investigation Solutions Saves Client $50,000 on Fraudulent Workers’ Compensation Claim
Feb 10 2011 // San Diego, CA, 02/10/11 – Investigation Solutions, Inc., the subsidiary of American Claims Management, Inc. (ACM) that handles fraud and special investigations, announced its first fraud arrest for 2011. A suspicious...
Insurance Fraud Starts with Unexpected Offer of Repair Services
Feb 8 2011 // Each year consumers pay more for their auto and homeowners insurance policies as a direct result of fraud. Unnecessary auto glass repairs, exorbitant towing charges, needless home repairs, total roof replacements, sinkhole...
Texas AG: Drug Maker to Pay $170M in Damages for Fraud
Feb 7 2011 // A Travis County (Texas) jury recently returned a record-setting verdict for damages against drug manufacturer Actavis Mid-Atlantic LLC, the Texas Attorney General’s office announced. The jury determined that Actavis...
