Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Bush Administration, SEC at Odds over Scheme Liability in Enron Case
Jun 13 2007 // The Bush administration rejected a Securities and Exchange Commission recommendation in a key Supreme Court case and did not support shareholders suing Wall Street banks for damages over Enron’s collapse. The Justice...
S.C. Passes Workers’ Comp Anti-Fraud, Injury Reporting Bill
Jun 12 2007 // Employers who lie about what their workers do to save money on insurance premiums would face fines and prison time under an agreement South Carolina legislators reached to overhaul the state’s workers’...
N.Y. State, Towns Plan Insurance Fraud Prevention Day for June 27
Jun 12 2007 // New York Governor Eliot Spitzer, New York City Mayor Michael Bloomberg along with more than 30 mayors and town supervisors throughout the state have proclaimed June 27 as Insurance Fraud Prevention Day in support of the...
La. State Police Arrest 7 for Various Insurance Fraud Schemes
Jun 12 2007 // The Louisiana State Police Insurance Fraud and Auto Theft Unit announced the recent arrests of seven individuals, including one insurance agent, on insurance fraud and theft warrants. The arrests continue as the Insurance...
Calif. Fraud Task Force Holds Innagural Meeting
Jun 11 2007 // California’s Advisory Task Force on Insurance Fraud held its first meeting last week, with the goal of creating innovative methods to combat insurance fraud and forwarding an aggressive anti-fraud campaign introduced...
La. State Police Charge 2 with Insurance Fraud in Big Rig Wreck
Jun 8 2007 // Two people are accused of intentionally crashing the tractor portion of a tractor-trailer rig as part of an insurance scam in Louisiana. The Louisiana State Police Insurance Fraud and Auto Theft Unit arrested Christopher...
Former La. Agent Arrested for Alleged Felony Theft, Fined $10K
Jun 8 2007 // A former Shreveport, La., insurance agent has been arrested, issued a cease and desist order and served with a $10,000 fine notice for alleged felony theft and filing false public documents, the Louisiana Department of...
Police Jail Witness in Arson, Fraud Case Against Former Mich. Mayor
Jun 7 2007 // Police arrested a key witness in the case involving a former Saginaw, Mich. mayor charged with arson and insurance fraud in the burning of her 1986 Mercedes-Benz. Jerry W. Wilkins was arrested June 1st at a restaurant by...
Calif. State Fund To Receive $113,000 For Workers’ Comp Fraud
Jun 6 2007 // San Diego County Superior Court Judge Fred McGuire has ordered a San Diego construction firm owner to pay the California State Compensation Insurance Fund $113,327 in restitution for defrauding the workers’...
Violent Crime Up, Property Crime Down in 2006, FBI Reports
Jun 6 2007 // Violent crime increased 1.3 percent in 2006 when compared with data from 2005. However, property crime decreased 2.9 percent for the same time period, according to the FBI. Violent crime was up, except in the Northeast....
Md. Claims Adjuster Pleads Guilty to Stealing Workers’ Comp Checks
Jun 5 2007 // Maryland Attorney General Douglas F. Gansler reports that Natalie L. Mack, a former insurance claims adjustor with CompManagement, Inc., pled guilty in the Circuit Court for Baltimore City to stealing approximately...
W. Va. Woman Pleads Guilty to Insurance Fraud Charges
Jun 5 2007 // Andrea R. Renquest pleaded guilty in Harrison County, W. Va. to one felony count and one misdemeanor count of insurance fraud. Renquest, 23, of Clarksburg, W. Va., admitted May 29 that she obtained a controlled substance...
Texas AG cracks down on lender for ID theft exposure
Jun 4 2007 // Texas Attorney General Greg Abbott says Ohio-based CNG Financial Corporation and subsidiaries Check ‘n Go of Texas Inc. and Southwestern & Pacific Specialty Finance Inc. have been systematically exposing their...
Maryland law targets staging accident fraudsters
Jun 4 2007 // Maryland became only the second state to make staging a car accident to steal insurance money a specific crime when Gov. Martin O’Malley signed a bill into law recently. According to the Coalition Against Insurance...
Texas AG cracks down on lender for ID theft exposure
Jun 4 2007 // Texas Attorney General Greg Abbott says Ohio-based CNG Financial Corporation and subsidiaries Check ‘n Go of Texas Inc. and Southwestern & Pacific Specialty Finance Inc. have been systematically exposing their...
58 Arrest Warrants Issued in Calif. for Workers’ Comp Fraud
May 31 2007 // Law enforcement officers from five Calif. counties have served 58 arrest warrants for insurance fraud and related charges, such as grand theft, receiving stolen property and perjury, following investigations of alleged...
Calif. Commissioner Unveils Workers’ Comp Reform Package
May 30 2007 // California Insurance Commissioner Steve Poizner has unveiled a series of reforms to address what he says are systemic and structural deficiencies in the state’s workers’ compensation system. He also recommended...
Texas Alerts Agents About Investigation Into Nontraditional Product
May 30 2007 // The Texas Department of Insurance issued an alert to agents and consumers concerning a nontraditional insurance product offering it is investigating. The bulletin advised Texas insurance agents to exercise caution with...
Stealing Brings Montana Woman Four-Year Sentence
May 29 2007 // A Helena, Mont., woman who used a check scheme to steal nearly $158,000 from her employer has been sentenced to four years in prison. A federal judge imposed the sentence on 43-year-old Margaret Blixt, and ordered $157,710...
Federal Judge in Fla. Rejects Fraud Plea by Asbestos Attorney
May 23 2007 // A once high-flying asbestos litigation attorney was ready to plead guilty Monday to fraud involving thousands of clients, but a federal judge in Miami has rejected the deal and set a date for trial, saying he was unhappy...
