Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Mont. Businessman Gets 71 Months in Federal Prison for Fraud
Aug 17 2007 // Billings, Mont., businessman Michael W. Ryan has been sentenced to 71 months in prison and fined $100,000 for defrauding customers in a windshield replacement scheme. Ryan, the former owner of Thrifty Car Rental in...
Former Kan. Agent Sentenced for Insurance Theft and Fraud
Aug 17 2007 // Kansas Insurance Commissioner Sandy Praeger announced today that the Kansas Insurance Department, along with Johnson County authorities and the Kansas Attorney General’s Office, were involved in the case of a former...
N.Y. Woman Pays Steep Price for Workers Comp Fraud
Aug 16 2007 // A 37 year old Ronkonkoma, New York woman has paid $41,160 in restitution and faces five years probation after pleading guilty in a case of workers’ compensation fraud against the New York State Insurance...
Calif. Suspects Arrested for $20,000 in Auto Insurance Fraud
Aug 16 2007 // An investigation by the California Department of Insurance (CDI) Fraud Division and four additional state law enforcement groups has led to the arrest of multiple alleged automobile insurance fraud perpetrators. Four...
White House Urged to Back SEC’s ‘Scheme Liability’ Position
Aug 15 2007 // Senator Chris Dodd, D-Conn., chairman of the Senate Committee on Banking, Housing, and Urban Affairs, has asked President Bush to back the Securities and Exchange Commission in its support of plaintiffs in a so-called...
Officials Find Evidence of Arson, Theft at Alabama School
Aug 15 2007 // A fire that damaged the office of an elementary school in Fairfield, Ala., was intentionally set, State Fire Marshal Ed Paulk said last week. “There is evidence of a break-in and theft, as well as the presence of an...
N.H. Woman Faces Auto Fraud Charges
Aug 14 2007 // A 27-year-old Manchester, New Hampshire woman faces a court date later this month on charges she defrauded her auto insurance company. Attorney General Kelly Ayotte says Inge Lasut filed a claim with Progressive Northern...
New Insurance Fraud Director Installed in Florida
Aug 8 2007 // A 30-year law enforcement veteran will run Florida’s Department of Financial Services Division of Insurance Fraud – a statewide agency that investigates fraud in all lines of insurance. Vicki Cutcliffe most...
2 W. Va. Employers Indicted on Fraud Charges
Aug 8 2007 // A Kanawha County Grand Jury indicted two West Virginia employers on multiple charges relating to failing to subscribe to the former Workers’ Compensation Commission. On the indictment of Susan Borman and Leonard Cox,...
Texas AG Says Health Spa Chain Exposed Customer Records to ID Theft
Aug 7 2007 // Texas Attorney General Greg Abbott cited Minnesota-based Lifetime Fitness and subsidiaries LTF Club Management Company L.L.C. and LTF Club Operations Company Inc., for systematically exposing its customers to identity...
Ohio Budget Director: State Overreacted in Response to Data Theft
Aug 7 2007 // Several Ohio state officials told investigators they believed the state was overreacting in its response to the theft of a sensitive computer backup tape, which could now cost $3 million as more individuals sign up for...
Minn. groups sue AIG for $100 million in damages for fraud, violations
Aug 6 2007 // The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compen-sation Insurers Association (MWCIA) filed suit on July 17, 2007, against American International Group Inc....
News Currents
Aug 6 2007 // Minn. groups sue AIG for $100 million in damages for fraud, violations The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compensation Insurers Association (MWCIA)...
News Currents
Aug 6 2007 // Minn. groups sue AIG for $100 million in damages for fraud, violations The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compen-sation Insurers Association (MWCIA)...
Are lower securities lawsuit filing levels temporary or permanent?
Aug 6 2007 // There are a number of reasons to be skeptical, based on limited data, that we have moved to a permanently lower level of fraudulent corporate activity and of securities class action filings. In early July, Stanford...
Miss.: Jackson Crime Cams Can View, but not Record
Aug 2 2007 // The camera surveillance system, touted by Jackson, Miss., Mayor Frank Melton as a crime-fighting tool, is still not in full operation. The cameras are part of the Technical Operations Center, unveiled June 8 with...
Insured Statue Stolen from OSU Fraternity Found Safe
Aug 2 2007 // A bronze statue stolen from a fraternity house at Oregon State University has been found in a Corvallis basement, police said. The 3-foot-tall statue of the Roman god Vulcan was stolen from the Delta Chi Fraternity House...
Two in N.H. Accused of Workers’ Compensation Benefit Fraud
Aug 1 2007 // Two New Hampshire residents have been indicted on fraud charges involving workers’ compensation insurance. Attorney General Kelly Ayotte says indictments were returned against Phillip Rice, 52, of Derry and Dorothy...
Ind. Woman Accused of Stealing Soldier Son’s Insurance Charged Again
Jul 31 2007 // A Portage, Ind., woman who had pleaded guilty to stealing $250,000 in life insurance money after her son died in Iraq was scheduled to be sentenced on Aug. 17. Janie Lee Espinoza’s son, Army Spc. Roy Buckley, died...
Texas’ June Enforcement Actions Result in $190K in Fines, Restitution
Jul 31 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June resulted in nearly $191,000 in fines and restitution, the Texas Department of Insurance announced. The actions include...
