Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
South Carolina Police Say Camera Helps Recover Stolen Cars
Mar 5 2009 // The police chief in North Charleston, South Carolina says a new camera system that can check license plates in an instant is so good at finding stolen cars and tags, he wants to set up a camera in high crime areas. Chief...
Economic Crisis Fuels UK Corporate Fraud, Corruption Warns Marsh/Kroll
Mar 4 2009 // Marsh, and its MMC risk consulting affiliate Kroll, have warned that UK firms are exposed to heightened fraud and corruption risks this year as a result of the global recession. “In addition, many insurance policies...
Mass. Man Faces Insurance Fraud Charges Over Broken Tooth Claims
Mar 4 2009 // A Massachusetts man has been arraigned in Suffolk Superior Court in connection with allegedly submitting false dental injury reports to insurance companies in order to receive cash settlements. Tod Schaffer, 42, is charged...
Insurance Fraud Arrests and Convictions on the Rise in Virginia
Mar 3 2009 // The Insurance Fraud Program (IFP) of the Virginia State Police said it made 307 arrests for insurance fraud last year — a 47 percent increase over the previous year. In addition, convictions for insurance fraud in...
Ex-CEO Greenberg Sues AIG, Alleges Securities Fraud
Mar 2 2009 // American International Group Inc., whose $61.66 billion quarterly loss was the largest ever for a U.S. company, has been sued for securities fraud by former Chief Executive Maurice “Hank” Greenberg. Greenberg,...
Wisconsin Bill Would Allow Fraud Suits Over Home Sales
Feb 27 2009 // Duped home buyers could sue the sellers for fraud under a bill approved by the Wisconsin Senate. The bill would reverse a Wisconsin Supreme Court decision last year that barred civil fraud lawsuits stemming from...
California AG Sues to Block Fraudulent Workers’ Comp Scheme
Feb 27 2009 // California Attorney General Edmund G. Brown Jr. filed a lawsuit to stop the Contractors Asset Protection Association Inc. from engaging in what he called a “sophisticated and fraudulent scheme” to cheat the...
Nebraska Trial in Florida Insolvent Insurer Case Put on Hold
Feb 25 2009 // The Nebraska Supreme Court has ordered a judge to put a new trial on hold in a multimillion-dollar insurance dispute and follow the high court’s ruling from last summer. Last June, the Supreme Court threw out the...
Without Insurance, Race Car’s Theft May Mean End of Racing Team
Feb 25 2009 // A pickup truck and a trailer containing an expensive open-wheel race car have been stolen from the parking lot of an Oklahoma City motel, police said. Eugene Nolen of Indianapolis said the $250,000 loss could mean the end...
Missouri Deals with Rash of Cattle Thefts; Farm Bureau Offers Reward
Feb 24 2009 // A rash of cattle thefts in southwest Missouri has prompted two organizations to offer a total of $10,000 in rewards for help catching the crooks. Authorities report that hundreds of animals have been loaded onto trucks and...
New Mexico Bill Lets Courts Combine Fraud Losses
Feb 20 2009 // The New Mexico Senate passed a bill that would increase insurance fraud penalties by empowering courts to combine the insurance money stolen by multiple schemes into one larger dollar amount that triggers longer sentences...
New Hampshire Governor Wants Worker Charged with Fraud Suspended
Feb 20 2009 // New Hampshire Gov. John Lynch is calling for a state worker to be suspended after she pleaded guilty to insurance fraud in a previous job. Raye Ellen Douville is scheduled to be sentenced for insurance fraud in April after...
New York State Insurance Fund: Anti-Fraud Efforts Saved $20.7M
Feb 19 2009 // New York State insurance Fund (NYSIF) Executive Director David P. Wehner said the NYSIF’s 2008 fraud prevention program accounted for more than $20 million in total savings — a record amount exceeding all prior...
Ex-Georgia Pastor, Son Face Arson, Insurance Fraud Charges
Feb 13 2009 // A former Barrow County pastor and his son have been charged with arson for setting fire to a church three years ago. Barrow County sheriff’s deputies arrested 49-year-old Quincy Arnold of Lawrenceville Tuesday....
UK’s Serious Fraud Office to Probe AIG Financial Products Unit
Feb 12 2009 // Britain’s Serious Fraud Office (SFO) has launched a preliminary inquiry into suspected irregularities at a British subsidiary of American International Group Inc., the SFO said on Thursday. The SFO said its probe...
Former Iowa Insurance Agent Pleads Guilty to $1 Million Fraud
Feb 11 2009 // A former Iowa insurance agent accused of siphoning more than $1 million from clients has pleaded guilty to federal charges. Jack Straw pleaded guilty to four counts of wire fraud and one count each of mail fraud,...
Australia Police Declare Bushfire Disaster a ‘Crime Scene’
Feb 10 2009 // Australian police treated the country’s entire bushfire disaster zone as a crime scene on Tuesday as investigators combed through a blackened wasteland to find clues to the culprits behind the country’s...
Identity Theft On the Rise But Costs per Incident Fall Sharply, Report Finds
Feb 10 2009 // The number of Americans ensnared by identity theft is on the rise, but victims are striking back more quickly and limiting how much is stolen. In 2008, the number of identity theft cases jumped 22 percent to 9.9 million,...
G4S, National Unity Form Anti-Fraud Partnership
Feb 6 2009 // North Carolina-based G4S Compliance & Investigations has formed partnership with National Unity Insurance Company, a Texas-headquartered company specializing in providing liability insurance for Mexican private and...
Louisiana Agents Accused of Fraud, Theft, Pocketing Premiums
Feb 6 2009 // In two separate instances, Louisiana insurance agents recently have been accused of fraud and misappropriating premiums. In one case, the Louisiana Department of Insurance Fraud Section Investigators served Tamara Celeste...
