Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
North Dakota Agent Pleads Not Guilty to 78 Counts of Fraud
Oct 6 2008 // A Fargo insurance agent has pleaded not guilty to stealing more than $5 million from clients. Larry Atkins is charged with 78 felony counts, including engaging in fraudulent practices and selling unregistered securities....
Seattle To Provide Asian Communities With Fraud Prevention Tools
Oct 6 2008 // Washington Attorney General Rob McKenna and five interpreters are planning to help educate Seattle’s Asian communities about fraud prevention. McKenna’s office, the Asian Pacific American Resource Network...
ID Theft Insurance: Oasis or Mirage?
Oct 6 2008 // Is It Worth Recommending to Valued Agency Clients? A client concerned about identity theft might consider moving to the Dakotas. It’s best to stay away, however, from Arizona, California, Nevada, Texas, Florida and...
Massachusetts Crackdown on Insurance Fraud Sets Milestones
Oct 3 2008 // Five years after the creation of Massachusetts’ first local anti-insurance fraud team, the state’s Insurance Fraud Bureau says the combined local task forces have charged over 1,000 people with insurance...
Kansas Man Convicted of Insurance Fraud Files for Bankruptcy
Oct 3 2008 // A man convicted in five Kansas counties of selling insurance to elderly residents but pocketing tens of thousands of dollars in premiums has filed for bankruptcy. The Chapter 7 filing by Ronald Hummel of Hutchinson could...
Texas Law Firm Pleads Guilty to Role in Staged Accident Scheme
Oct 3 2008 // Trey Allen, P.C., a professional corporation, which was previously known as the Law Office of John H. Allen, III, P.C., pled guilty in federal court before U.S. Magistrate Judge Paul D. Stickney, to charges of conspiracy...
Boston’s ‘Biggest Loser’ Indicted in Insurance Fraud Case
Oct 1 2008 // A Suffolk County grand jury returned indictments against a Boston man in connection with allegedly attempting to defraud insurance companies by reinsuring expensive jewelry that had allegedly been stolen, and for allegedly...
Ohio Doctor Pleads Guilty to Fraud
Sep 30 2008 // The Ohio Bureau of Workers’ Compensation says a Columbus doctor billed the state for services he didn’t provide to patients in his care. Officials said on September 25 that Dr. James Lipscomb pleaded guilty to...
Thousands of Floridians Become Victims of ID Theft
Sep 30 2008 // Florida resident Stephen Carlisle was not alarmed by the letter he received from Bank of New York Mellon Shareowners Services, notifying him that a data breach had exposed sensitive information from thousands of...
Consumer Groups Urge California to Approve Auto Repair Fraud Legislation
Sep 29 2008 // The Center for Auto Safety, Consumer Action and Consumers Union are united in urging California Gov. Arnold Schwarzenegger to sign Assembly Bill AB 2825, designed to protect motorists from auto body repair fraud. The...
FBI Probing Fannie, Freddie, Lehman, AIG for Potential Mortgage Fraud: CNN
Sep 23 2008 // The FBI is investigating Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc. and insurer American International Group Inc. and their senior executives for potential mortgage fraud, CNN reported on Tuesday. The FBI did...
Illinois Mayor Charged with Insurance Fraud Steps Down
Sep 22 2008 // Niles, Ill.’s long-time mayor, Nicholas Blase, is stepping down after 47 years. In a statement on the village Web site, Blase, 80, said his retirement was effective Sept. 1. The Village Board is expected to appoint...
Assurant Offers ID Theft Protection for Financial Institutions
Sep 15 2008 // Assurant Specialty Property and National ID Recovery (NIDR) have launched a Red Flag ID fraud detection, notification and protection program for financial institutions and credit unions. Red Flag ID Fraud Solutions is a...
July Enforcement Actions in Texas Result in $500K in Fines
Sep 10 2008 // Enforcement actions taken by Texas Commissioner of Insurance Mike Geeslin in July 2008 include nine license revocations, four license denials and fines and restitution totaling $539,814. Copies of Geeslin’s orders...
Travelers Unveils Sting Trailer to Combat Cargo Theft
Sep 9 2008 // Cargo theft accounts for up to $25 billion in direct merchandise losses each year, according to the National Cargo Security Council. With more than 675,000 registered interstate motor carriers moving 65 percent of the...
Tennessee Police Dog not Dead; Insurance Fraud Alleged
Sep 8 2008 // A West Tennessee prosecutor will not say whether he intends to press charges in the case of an Oakland police dog whose death may have been faked to collect a $5,000 insurance benefit. The Tennessee Bureau of Investigation...
Prosecutors Allege AIG Scheme Cost Investors $1 Billion
Sep 8 2008 // U.S. prosecutors said a scheme to manipulate the financial statements of the world’s largest insurance company, American International Group Inc., resulted in a loss of more than $1 billion to investors. Four former...
Brooklyn Man Charged with $130K Workers’ Comp Fraud
Sep 8 2008 // A 60-year-old Brooklyn man who maintained that a workplace injury left him unable to stand, walk or drive has been arrested on charges that he fraudulently claimed $130,000 in lost wage benefits and medical expenses. Lev...
Houston Couple Charged for Insurance Fraud, Deadly House Fire
Sep 5 2008 // A grand jury has indicted a Houston, Texas couple over a 2003 fire that killed their daughter and a boy in an alleged house insurance scheme. Harris County Fire Marshal’s arson investigator Lonnie Blevins said...
Former N.H. Insurance Agent Indicted on Fraud Charge
Sep 4 2008 // A federal grand jury has indicted a 53-year-old Bedford, N.H., man on charges he defrauded clients of his insurance agency. Prosecutors say from October 2001 to September 2003, Raymond Douville operated an insurance agency...
