Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Houston Nurse Sentenced for Workers’ Comp Fraud
Dec 20 2006 // Texas Mutual Insurance Company reported that a Houston nurse has pleaded guilty to workers’ compensation fraud-related charges. The Travis County 299th Judicial District Court sentenced Brenda Hernandez to five years...
Okla. Couple Pleads Guilty in Charity Fraud Case
Dec 20 2006 // An Oklahoma man is facing 10 years in prison, and his wife will serve a three-year prison sentence after pleading guilty to five counts of violating the Oklahoma Solicitation of Charitable Contributions Act, Attorney...
Okla. AG Warns Ketchum Bank Customers About ID Theft Scam
Dec 19 2006 // Oklahoma Attorney General Drew Edmondson recently issued a consumer alert warning customers of First State Bank in Ketchum about a scam currently being perpetrated in the area. Edmondson issued the warning after the bank...
Two N.C. Insurance Investigators Honored for Anti-Fraud Work
Dec 15 2006 // Two investigators with the North Carolina Department of Insurance, Chet Effler of Marion, N.C., and Martha Ann Ford of Chester, S.C., have been honored for their work on insurance fraud cases in 2006. Effler received an...
Seven Indicted for Workers’ Compensation Fraud in Texas
Dec 15 2006 // Texas Mutual Insurance Company reported that seven individuals were indicted, in separate cases, in Travis County on workers’ compensation fraud-related charges. The individuals allegedly collected a combined $31,358...
N.Y. Drywall Contractor Charged with Workers’ Compensation Fraud
Dec 15 2006 // A New York business owner faces charges of insurance fraud following his arrest by Manhattan District Attorney Robert Morgenthau’s office for allegedly defrauding the New York State Insurance Fund of more than...
Calif. State Fund Receives More Than $3 Million in Fraud Restitution
Dec 15 2006 // San Diego Superior Court Judge William H. McAdam has ordered the owners of a San Diego area roofing company to pay $3 million in restitution to California’s State Compensation Insurance Fund, $81,649 in investigation...
Alaska Man Guilty of Reinstating Policy Before Reporting Accident
Dec 14 2006 // An Alaska man has pled guilty to theft in the second degree, a class B felony, stemming from a fraudulent insurance claim, according to the state Division of Insurance Office of Special Prosecution and Appeals. Earlier...
SEC Eases SOX Anti-Fraud Rules for Smaller Public Companies
Dec 14 2006 // Federal securities regulators are moving to ease some financial-control rules for thousands of smaller public companies at the same time they look to stiffen requirements for individuals to invest in fast-growing hedge...
Policyholder Insurance Information Stolen from Ill. Vendor
Dec 14 2006 // Computer records containing personal information of about 130,000 members of Connecticut-based health insurer Aetna Inc. were stolen from the office of a vendor, the company said. A lockbox stolen during an Oct. 26...
West Virginia Woman Faces Insurance Fraud Charges
Dec 13 2006 // Deborah K. Wildberger of Morgan County was convicted earlier this month on three felony counts of insurance fraud. According to the West Virginia Insurance Commission, Wildberger was found guilty of soliciting a tenant,...
La. Insurance Agent Arrested and Issued C&D Order
Dec 12 2006 // An Albany, La., insurance agent was recently arrested and issued a cease and desist order on charges of fraud, forgery and misappropriation of funds, the Louisiana Department of Insurance reported. Roberta Ann...
Motor vehicle theft declines in California, but violent crime increases
Dec 11 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...
Farm Insurer Must Pay $512,000 in Restitution for Fraud Scheme
Dec 11 2006 // The former president of Crop Hail Management Inc. in Bigfork, Mont., has been sentenced to more than three years in prison and ordered to pay $512,000 in restitution for money laundering and fraud. Myron “Mike”...
Homeowners want insurance carriers to offer identity theft coverage
Dec 11 2006 // More than 40 percent of consumers would like their homeowners insurance carrier to offer coverage for identity theft, according to a study released by J.D. Power and Associates. The “2006 Homeowners Insurance...
P/C market takes hold of rapidly developing identity theft solutions
Dec 10 2006 // Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology/information-driven...
Motor vehicle theft declines in California, but violent crime increases
Dec 10 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...
TDI Announces October Enforcement Actions
Dec 8 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during October 2006. The actions include three license revocations, two license denials and fines and...
Typical Auto Insurance Premium to Fall in 2007 Due to Anti-Fraud Efforts, Fewer Claims
Dec 6 2006 // The typical U.S. driver will pay less for auto insurance in 2007 than in 2006, with the average premium expenditure expected to drop by 0.5 percent, reported the industry-backed Insurance Information Institute. The average...
Two-County Sweep in N.C. Yields 10 Arrests for Insurance Fraud
Dec 5 2006 // In what officials describe as the largest auto insurance fraud ring in North Carolina history, 10 residents of Cleveland and Rutherford Counties are accused of defrauding insurance companies of an estimated $1...
