Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Racketeering Suit Alleges NY Insurance Fraud Scheme by Lawyers, Medical Providers
Jul 7 2025 // A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury law firm and dozens of medical providers, alleging a wide-ranging scheme to defraud...
Maryland Woman Charged With Theft of Contractor and Insurance Funds
Jul 2 2025 // A Maryland woman has been indicted on two counts of felony theft for allegedly stealing funds from a general contractor and from the state’s backup auto insurer. Attorney General Anthony G. Brown said an Anne Arundel...
Insurance Fraud Charges Dropped for Former Alabama Congressional Aide
Jul 1 2025 // A former aide to an Alabama congressman, previously sentenced for health care fraud, has been cleared of insurance fraud and other charges related to claims made on her mother’s car in 2022. Sherry McCormick, who was...
Global Financial Crime Watchdog Calls for Action on Crypto Risks
Jun 27 2025 // The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in regulation could have...
Zurich, Cowbell Collaborate to Offer D&O, EPL, Crime, and Fiduciary to SMEs
Jun 27 2025 // Cyber insurer Cowbell said it has expanded its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America within the United States. Building on its established success in cyber and...
Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud
Jun 26 2025 // An Illinois chiropractor was sentenced to 20 months in prison and ordered to repay more than $2.3 million, following convictions on multiple charges related to a scheme to defraud Medicare and twelve other insurance...
Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB
Jun 26 2025 // Tariffs, enhanced technology to defeat law enforcement along with profitability of criminal enterprises, and geopolitical circumstances have led to an increased threat to the global supply chain, according to the National...
Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application
Jun 26 2025 // An Idaho woman was sentenced to seven-and-a-half years in prison and fined for applying for insurance coverage while concealing a prior felony conviction for insurance fraud. Elisa Hernandez was convicted of one felony...
Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft
Jun 25 2025 // Two Florida men, one a former life insurance broker, have been indicted in what prosecutors describe as a scheme to steal more than $100 million from a nonprofit that managed funds for people with disabilities and special...
Texas to Create Task Forces to Target Oil Field Thefts
Jun 23 2025 // At least three times a week, Darin Mitchell gets the call. Oil drums have been stolen. Copper wires were yanked. Other field equipment at an oil and gas facility was pilfered. The Winkler County Sheriff dispatches his...
Walmart to Pay $10M to Settle FTC Lawsuit Over Money Transfer Fraud
Jun 23 2025 // Walmart has agreed to pay $10 million to settle a U.S. Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece...
UK Car Theft Crisis Pits Manufacturers Against High-Tech Gangs
Jun 20 2025 // To the untrained eye, the red shipping container at Felixstowe looked no different to the thousands of others stacked up at Britain’s busiest seaport. Destined for Africa, its contents were listed as “household...
Former Connecticut Trooper Accused of Workers’ Compensation Fraud
Jun 20 2025 // A former Connecticut state police trooper has been arrested and charged with collecting workers’ compensation benefits totaling $8,341.00 during his employment with the Connecticut Department of Emergency Services...
Racketeering Suit Alleges NY Insurance Fraud Scheme by Lawyers, Medical Providers
Jun 19 2025 // A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury law firm and dozens of medical providers, alleging a wide-ranging scheme to defraud...
UBS Confirms Data Stolen After Hack at External Supplier
Jun 19 2025 // UBS Group AG said that information about the company had been stolen in a cyber attack on one of its suppliers, following a report a Swiss newspaper that data on more than 130,000 employees had been subject to a...
As Insurance Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
Jun 16 2025 // With a growing share of insurance executives viewing generative artificial intelligence as a tool for streamlining and improving functions like fraud detection, Deloitte predicts that AI technologies could save the...
California Joint Law Enforcement Efforts Lead to 4,800 Stolen Vehicles Recovered
Jun 16 2025 // Joint law enforcement operations in Bakersfield, Oakland, and San Bernardino have made 6,727 arrests, recovered 4,842 stolen vehicles and confiscated 313 dangerous firearms, according to an announcement from Gov. Gavin...
Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive
Jun 11 2025 // Uber Technologies Inc. sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance...
Inside the $455M Cargo Theft Surge – 4 Ways to Protect Your Fleet
Jun 6 2025 // This post is part of a series sponsored by IAT Insurance Group. Cargo theft reached an all-time high in 2024 – up 26% from 2023, with total reported losses of $455 million. The average estimated value per theft rose 7.7%...
Crypto Crime Spills Over From Behind the Screen to Real-Life Violence
Jun 4 2025 // A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van. All, authorities allege, were...
