Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Counselor Sentenced for Perjury in Texas Work Comp Fraud Case
Feb 8 2008 // Texas Mutual Insurance Company reported that a licensed professional counselor has pleaded guilty to charges of perjury in a workers’ compensation fraud-related case in a Travis County, Texas, district court. John...
Ga. Man Arrested for Insurance Fraud
Feb 6 2008 // An Augusta, Ga., man is charged with insurance fraud for allegedly converting to his own use money paid to him by an elderly client, according to Insurance Commissioner John W. Oxendine. Carl Barcus, 58, arrested on Jan....
Sequoia Offers Identity Theft Coverage
Feb 6 2008 // Sequoia Insurance Co., based in Monterey, Calif., announces the release of restoration coverage for identity theft. For a minimal additional cost, identity theft recovery coverage can be added to Sequoia’s...
5 West Virginians Indicted in Multiple Insurance Fraud Charges
Feb 4 2008 // A Kanawha County, W. Va., grand jury indicted five individuals in multiple cases involving insurance fraud last week, according to the state’s Insurance Commissioner, Jane L. Cline,. Tina Marie Browning, 40, of...
Judge Weighs Dropping Financial Firms from Enron Lawsuit
Feb 4 2008 // A federal judge in Houston said Friday she will evaluate whether three high profile financial institutions being sued for $40 billion in connection with Enron Corp.’s collapse should be dropped from litigation after...
TDI December Enforcements Result in Nearly $1.6M in Fines, Restitution
Jan 31 2008 // Enforcement actions taken by the Texas Department of Insurance December 2007 resulted in eight license revocations, four license denials, and fines and restitution totaling $1,591,264, the department reported. An order...
Former Wash. Mayor, Ex-state Trooper Convicted of Fraud
Jan 31 2008 // A former Westport, Wash., mayor and ex-state trooper has been convicted of involvement in a scheme to commit insurance fraud, a case involving a nonexistent 1949 Chevrolet Woody and a dead State Patrol sergeant. Douglas...
Société Générale Crisis Highlights ‘Rogue Trader’ Risk Warns Lloyd’s
Jan 30 2008 // The ongoing crisis at the second largest French bank, Société Générale, has prompted Lloyd’s to remind the financial community of some unfortunate facts. The bank lost €4.9 billion, or $7.25 billion, after it...
Nev. Auto Theft-Fraud Panel Formed
Jan 30 2008 // Gov. Jim Gibbons said this week he’s forming a task force that will focus on organized insurance fraud and auto theft in Nevada. The panel will try to determine the statewide scope of such problems and their affect...
Boone County, W. Va., Man Arrested for Insurance Fraud
Jan 29 2008 // West Virginia officials arrested a Boone County man for insurance fraud late last month. West Virginia State Police arrested Mathew J. Harrison, 27, of Bim, W. Va., on Dec. 21, 2007, and charged him with five felony counts...
W. Va.: Raleigh County Couple Indicted For Insurance Fraud
Jan 29 2008 // A Raleigh County Grand Jury indicted a Coal City, W. Va., couple for insurance fraud, according to Insurance Commissioner Jane L. Cline. On Jan. 16, Mathew and Jennifer Nichols were each indicted on two felony counts of...
Georgia Doctor Sentenced to Probation in Health Fraud Case
Jan 28 2008 // A Georgia doctor accused of treating patients with a chemical used in pesticides was sentenced to five years probation for health care fraud. Sentenced on Jan. 24, Dr. Totada Shanthaveerappa pleaded guilty Oct. 30 to...
N.Y. Insurance Fraud Arrests Are Up
Jan 27 2008 // Investigations by New York’s insurance frauds bureau led to over 700 arrests last year, a 17 percent increase from 2006, according to an annual report from the state insurance department. The bureau, established in...
FBI Study: Violent, Property Crime Rates Decline
Jan 27 2008 // Crime rates dropped for the first time in two years, according to a newly released report of the most recent data collected by the Federal Bureau of Investigation. Nationwide, violent crime fell 1.8 percent and property...
Utah WC Fund Laptop Stolen; Personal Data at Risk
Jan 27 2008 // The Workers’ Compensation Fund, one of Utah’s largest insurers, is working to recover a stolen laptop that held personal data records for some 2,800 people. The laptop was taken Dec. 9 from an auditor’s...
Mississippi Official Says Criminal Probe of State Farm has New Focus
Jan 25 2008 // Mississippi Attorney General Jim Hood says his office opened a new criminal investigation of State Farm Insurance Cos. that is separate from its earlier probe of the insurer’s “crimes against...
Wash. AG Proposes Identity Theft Bill
Jan 25 2008 // A bill requested by Washington State Attorney General Rob McKenna to make it easier to prosecute identity theft cases is scheduled for a public hearing today before the House Judiciary Committee. “Records custodians...
3-Day Dragnet in Fla. Nets 47 Insurance Fraud Arrests
Jan 24 2008 // Officials arrested 47 Floridians so far in a statewide, three-day operation that began Tuesday and will continue through today, targeting 84 individuals for various insurance fraud charges, according to Florida Chief...
W. Va.: Braxton County Man Pleads Guilty to Insurance Fraud
Jan 23 2008 // West Virginia officials said a Braxton County man pleaded guilty to one misdemeanor count of fraudulent schemes. According to a West Virginia Department of Insurance announcement, Fred Lee Morgan, 61, of Frametown, used...
N.M. Insurance Agent Accused of Fraud
Jan 23 2008 // A Bernalillo County, N.M., grand jury has indicted an Albuquerque insurance agent on multiple charges of insurance fraud, embezzlement and racketeering. Jorge Gimenez, 58, was being held in the Bernalillo County...
