Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
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...
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...
