Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Kentucky Police Use Computer Program to Track Stolen Property
Dec 30 2008 // A computer program is helping western Kentucky police track down stolen property that’s been sold to pawn shops. Paducah’s five pawn shops submit records of transactions, including serial numbers of items...
Marsh Expects Rise in UK Fraud Insurance Coverage
Dec 23 2008 // Marsh’s London office has issued a bulletin indicating that it “expects a sharp rise in the number of UK companies buying fraud insurance protection next year, as the world economy continues to deteriorate....
Former Pennsylvania Chiropractor to Serve 4 Years for Fraud
Dec 22 2008 // A former chiropractor behind a $12.1 million health insurance fraud that federal prosecutors called the largest in western Pennsylvania history was sentenced to repay the money and spend four years in federal...
Former 49ers Kicker’s Business Partner Sentenced for Insurance Fraud
Dec 19 2008 // An ex-business partner of former San Francisco 49ers kicker Ray Wersching has been sentenced to three years and three months in prison for insurance fraud. Mary Ann Locke was sentenced last week to 39 months in prison and...
Aon Highlights ‘Emerging Risks’ for UK Businesses
Dec 17 2008 // Aon has issued a warning from its London office to UK companies, which indicates that they may “face new insurance claim burdens in 2009 with fraud on the increase and spiraling legal fees.” Aon also said that,...
Ex-New Jersey Politician Sentenced to Prison for Insurance Fraud
Dec 17 2008 // A former New Jersey Assemblyman who is also a Baptist minister has been sentenced to 15 months in federal prison. Alfred E. Steele pleaded guilty in October 2007 to accepting $15,500 in bribes in exchange for steering...
Kentucky Man, Already in Prison, Pleads Guilty to Insurance Fraud
Dec 16 2008 // A Kentucky man already in prison on federal charges related to unlawful harboring and employment of illegal aliens has pleaded guilty to an insurance fraud charge after lying to his workers’ compensation carrier...
Ex-General Re Chief Ferguson Sentenced 2 Years for Fraud
Dec 16 2008 // A former insurance executive was sentenced to two years in prison Tuesday for a scheme that prosecutors said allowed the American International Group to manipulate its financial statements through a sham reinsurance deal...
Seven Sentenced in New York for $1M Insurance Fraud Scheme
Dec 16 2008 // Four insurance adjusters and three contractors were ordered to forfeit $248,000 after pleading guilty to kickbacks made possible by inflating insurance claims on properties in Manhattan, Brooklyn and Staten...
Texas AG: GAB Robins Among Firms Settling ID Theft Charges
Dec 12 2008 // GAB Robins, a firm that provides risk management and claims services to the insurance industry, is one of three firms cited by Texas Attorney General Greg Abbott for failure to protect customers’ identities,...
HCC Insurance Holdings Acquires Arrowhead Public Risk, U.S. Risk Insurance Brokers’ Criminal Justice Division
Dec 12 2008 // Houston-based HCC Insurance Holdings Inc.has acquired Arrowhead Public Risk, a division of Arrowhead General Insurance Agency Inc., and also acquired the Criminal Justice division of U.S. Risk Insurance Brokers. The...
Nebraska Businessman Accused of Fraud Sues Insurance Company
Dec 10 2008 // An Omaha, Neb. businessman who’s facing several lawsuits accusing him of fraud has filed his own lawsuit. Bryan Behrens is suing Kansas City, Mo.-based Arch Insurance Co. saying it’s responsible for his defense...
Five Tow-Truck Workers Arrested in Alleged New Jersey Theft Ring
Dec 9 2008 // Five workers at a north Jersey tow truck company face charges they took cash to steal cars and report them as stolen to insurance companies. North Bergen police say an owner of High Point Towing, which operates in Union...
Ex-Louisiana Citizens Chief Charged With Theft, Fraud
Dec 8 2008 // The former chief of Louisiana’s state-backed insurance company was booked on 14 counts of theft and released from custody on bond, as he prepares to fight allegations that he fraudulently spent about $30,000 of the...
California Insurance Agents Arrested for Stealing More Than $30,000
Dec 5 2008 // California Insurance Commissioner Steve Poizner announced the arrest of two insurance broker/agents on felony grand theft charges. Carlos Alarcon of Chino, Calif., and Juan Garcia of Temecula, Calif., allegedly defrauded...
Car Thieves Work Year Round, Even on Holidays, Warns Crime Bureau
Dec 4 2008 // The good news is that of all the days in the year, a car is least likely to be stolen on Christmas Day. The bad news is that car thieves never take a holiday. According to the National Insurance Crime Bureau (NICB),...
Louisiana Regulators Take Auto Theft Awareness to Public Schools
Dec 4 2008 // The Department of Insurance Louisiana Automobile Theft and Insurance Fraud Prevention Authority (LATIFPA) has been conducting presentations at middle schools in Bossier City, Benton and Plain Dealing on Auto Theft...
Alabama Police Fear 2 Sought for Insurance Agency Fraud Have Fled
Dec 4 2008 // A Gulf Shores police investigator says two men sought for questioning in an alleged insurance fraud scheme on the Alabama Gulf coast may have fled to Turkey. Authorities want to question Benton Gray Harvey and Jonathan W....
Two California Men Charged in $18 Million Fraud Scheme
Dec 2 2008 // Two Southern California men have been charged with conspiring to defraud the State Compensation Insurance Fund of more than $18 million, according to the California Department of Insurance. David Zahler of Huntington Beach...
Texas Mutual: Fraudulent Doctor Surrenders License
Dec 2 2008 // Texas Mutual Insurance Company reported that Ihsan Shanti, M.D. of Houston and Shanti Pain & Wellness Clinic pleaded guilty to felony workers’ compensation fraud-related charges. Between January 2003 and March...
