Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
New Online Calculator Helps Assess the Financial Cost of Data Theft
Apr 12 2007 // Darwin Professional Underwriters Inc., a specialty insurance company and provider of technology liability insurance coverage, has developed an online calculator that allows companies to estimate their financial risk from...
Consumers Value ID Theft Prevention Over Financial Reimbursement
Apr 10 2007 // Consumers are more concerned with getting identity safeguards than financial loss reimbursement from online banks, a new study suggests. The study also reveals that that 9 out of 10 web users are willing to sacrifice...
Two charged in bicoastal restaurant insurance brokerage scam
Apr 9 2007 // A Canadian man has been extradited to the United States to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, Acting New York Insurance Superintendent...
Identity theft: A “catch phrase for the new millennium”
Apr 9 2007 // Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating information necessary to commit identity theft are...
IDENTITY THEFT ADVICE
Apr 9 2007 // Common methods of identity theft: Dumpster diving. Collecting bills and personal information sources from trash bins. Skimming. Stealing credit/debit card numbers by using a special storage device when processing your...
Contrary to the headlines, ID theft may be on the decline
Apr 9 2007 // Despite the impression given by cases in the news, identity theft appears to be actually dropping. The 2007 Identity Fraud Survey Report released by Javelin Strategy & Research provides information about the reduction...
Two charged in bicoastal restaurant insurance brokerage scheme
Apr 9 2007 // A Canadian man has been extradited to the U.S. to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, according to Acting New York Insurance Superintendent...
Fla. lawmakers face future of no-fault law
Apr 9 2007 // After her car accident, Sarah Capps suffered from a sore shoulder and back. What she thought were common pains turned out to be six herniated discs. Were it not for the protective medical coverage that every Florida car...
News Currents
Apr 9 2007 // Two charged in bicoastal restaurant insurance brokerage scheme A Canadian man has been extradited to the U.S. to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance...
Small London company uses computer archive to help find stolen art
Apr 9 2007 // News Currents The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So...
News Currents
Apr 9 2007 // Fla. lawmakers face future of no-fault law After her car accident, Sarah Capps suffered from a sore shoulder and back. What she thought were common pains turned out to be six herniated discs. Were it not for the protective...
Identity theft: A “catch phrase for the new millennium”
Apr 9 2007 // Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating information necessary to commit identity theft are...
Two charged in bicoastal restaurant insurance brokerage scam
Apr 9 2007 // A Canadian man has been extradited to the United States to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, Acting New York Insurance Superintendent...
Fla. Couple Charged with Faking Mold Remediation Lab Results
Apr 5 2007 // A Vero Beach couple have been arrested for allegedly providing false mold laboratory test results to customers of their mold remediation company. Following an investigation by the Department of Financial Services, Division...
FBI to Launch Retail Theft, Loss Prevention Database
Apr 5 2007 // In response to Congressional legislation intended to combat the growing problem of organized retail theft, the FBI has worked with the National Retail Federation (NRF) and the Retail Industry Leader’s Association...
Study: Calif. Leads Nation in Fraud Convictions
Apr 5 2007 // California leads the nation in criminal insurance fraud convictions, according to a study by the Coalition Against Insurance Fraud. According to the study, the Golden State had more than one third of of all convictions...
Kentucky Mine Owner Pleads Guilty to Workers Comp Fraud
Apr 3 2007 // Harold Simpson, owner and operator of Simpson Mining Co. in Perry County, Ky., pleaded guilty to mail fraud in U.S. District Court after special investigators with Kentucky Employers’ Mutual Insurance discovered...
Texas AG Cites RadioShack for Failing to Protect Customers from ID Theft
Apr 3 2007 // Texas Attorney General Greg Abbott has taken legal action against Fort Worth-based RadioShack Corporation for exposing its customers to identity theft. According to documents filed by the AG on April 2, 2007, RadioShack...
Penn Valley, Calif., Agent Sentenced for Fraud and Petty Theft
Apr 3 2007 // James Sepeda, 33, a former insurance agent from Penn Valley, Calif., has been convicted of one felony count of insurance fraud and three misdemeanor counts of petty theft, according to the California Department of...
Fla. Tree Service Owner Charged with Workers’ Comp Fraud
Apr 2 2007 // The owner of Don Estlund’s Tree Service in Florida is facing a charge of operating without workers’ compensation insurance. Donald Robert Estlund allegedly admitted to operating for eight years without the...
