Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Iowa Lt. Governor Launches Senior Fraud Initiative
Aug 2 2006 // Calling the defrauding of seniors a “big business” and a major problem in Iowa, Lt. Gov. Sally Pederson on Thursday announced a new initiative designed to educate older Iowans about investment fraud. The...
Okla. Man Charged With Defrauding 8
Aug 2 2006 // A Claremore, Okla., man is facing nine felony counts of caretaker exploitation after an investigation by Attorney General Drew Edmondson’s Patient Abuse and Medicaid Fraud Control Unit. Mark Neil Ferris, 49, was...
More than $300,000 Alleged Stolen from Investors in Ind.
Aug 1 2006 // More criminal charges are pending against a former insurance agent who prosecutors say could have stolen more than $300,000 from investors. The felony charges of theft in Huntington County against Larry E. Walkup, 57, of...
Jewelers Mutual Offers Free ID Theft Service for Commercial Customers
Aug 1 2006 // Neenah, Wis.-based Jewelers Mutual Insurance announced a free identity theft service for commercial policyholders in the United States and Canada who are owners, officers, or principals of their jewelry businesses. The...
N.Y. Fraud Fighting Pays Off; Medical Pros Charged in Latest Scam
Aug 1 2006 // A physician, a medical clinic owner and others are accused of a multimillion dollar auto insurance scam involving staged crashes and perpetrators who sought unnecessary treatment at facilities that were part of the scheme,...
Wis. Insurer Says Customer Data Stolen, Some of it Sold on Internet
Jul 31 2006 // Personal information on 72 worker’s compensation claimants was stolen from Wisconsin-based Sentry Insurance and later sold over the Internet, the company said. The data sold included names and Social Security numbers...
Minn. Plans Program to Raise Public Awareness of Insurance Crimes
Jul 28 2006 // At a rate of about three a day, state Commerce Department regulators have been posting enforcement actions against insurance agencies and companies, real estate agents, mortgage originators, security brokers and...
Gov. Bush signs Florida auto insurance fraud legislation
Jul 24 2006 // Florida legislation that promises to reins in auto insurance fraud was signed June 26 by Gov. Jeb Bush. Provisions of House Bill 561 and Senate Bill 1596 and the governor’s approval were applauded by Tom Gallagher,...
N.Y. blasts ‘anemic’ workers’ comp anti-fraud efforts
Jul 24 2006 // New York officials have denied a requested 7.5 percent hike in workers’ compensation premiums and criticized what they termed carriers’ ‘anemic’ efforts in combating fraud in doing so. The decision...
P/C market takes hold of rapidly developing identity theft solutions
Jul 24 2006 // In today’s marketplace insurers are moving towards a case-managed, victim advocacy approach with far less emphasis placed on the restoration of expense reimbursements. Identity-related fraud is a virulent crime, with...
Provisions of Florida’s anti-auto fraud legislation:
Jul 24 2006 // Corresponding with a 2003 law that established a two-year minimum sentence for anyone organizing or participating in an actual staged auto crash, the new legislation: • Provides for revocation of the driver’s...
Fraud on the farm
Jul 24 2006 // Although the U.S. Department of Agriculture’s Risk Management Agency has taken steps to improve its procedures and processes to address fraud, waste and abuse in selling servicing crop insurance policies, many flaws...
Gov. Bush signs Florida auto insurance fraud legislation
Jul 24 2006 // Florida legislation that promises to reins in auto insurance fraud was signed June 26 by Gov. Jeb Bush. Provisions of House Bill 561 and Senate Bill 1596 and the governor’s approval were applauded by Tom Gallagher,...
Ind. county employees learn records stolen in computer theft
Jul 24 2006 // The names, birthdates and Social Security numbers of about 1,200 Allen County government employees were on a computer stolen from an insurance company office, officials said. Several Allen County employees received letters...
California, Florida, Texas Lead Nation in Motorcycle Thefts
Jul 24 2006 // California (9,110 thefts) leads the nation in motorcycle theft rates in 2005, with Florida (6,324) following in second, and Texas (5,755)coming in third, according to the National Insurance Crime Bureau. Other states...
Fraud on the farm
Jul 24 2006 // Although the U.S. Department of Agriculture’s Risk Management Agency has taken steps to improve its procedures and processes to address fraud, waste and abuse in selling servicing crop insurance policies, many flaws...
W.Va. Claimant Arrested for Workers’ Comp Fraud
Jul 21 2006 // Jerry Lee McClelland Jr. has been arrested on one felony count of receiving workers’ compensation benefits for a term longer than he was entitled, according to West Virginia Insurance Commissioner, Jane L....
Fake Saudi Princess Gets Jail for Insurance, Credit Fraud
Jul 21 2006 // A judge striving to be the fairest of them all on Tuesday sentenced to a year in jail a woman who pretended to be a Saudi Arabian princess as she fleeced insurance and credit card companies. It was not a storybook ending...
Two Miami Adjusters Arrested in $400,000 Hurricane Fraud Case
Jul 21 2006 // Two licensed public adjusters who fraudulently collected more than $400,000 from two insurance companies by submitting bogus contractor agreements have been arrested in Miami by detectives in the Department of Financial...
Oklahoma City Man Arrested For Home Repair Fraud
Jul 20 2006 // An Oklahoma City man was arrested this morning on allegations of home repair fraud after an investigation by Attorney General Drew Edmondson’s Consumer Protection Unit. Alan B. Holcombe, 49, was charged yesterday in...
