Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Florida ‘Fraud Fighters Program’ Pays $16,000 in Rewards to Tipsters Reporting Schemes
Nov 29 2005 // Five individuals who reported fraud perpetrators have received $16,000 in cash rewards from the Florida Financial Services Department after the recipients, including a child, provided information that led fraud detectives...
More Civil Claims ‘Possible’ Against AIG’s Former Boss, But No Criminal Charges Expected
Nov 28 2005 // Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are expected, a spokesman for New York Attorney...
Calif. Crash for Cash Ringleader Arrested
Nov 25 2005 // California Insurance Commissioner John Garamendi on Wednesday announced the arrest of the suspected ringleader of a major operation that has allegedly staged more than 60 auto collisions over the past 18 months, bilking...
Disaster Recovery Officials on the Prowl for Fraudulent Claims After Hurricanes
Nov 24 2005 // Numerous federal agencies have dispatched teams of special agents to investigate fraudulent claims from Hurricanes Katrina and Rita, according to the U.S. Department of Homeland Security’s Federal Emergency...
Executive Life Judge has Final Ruling; Confirms Some $900M in Total Verdicts, Settlements
Nov 23 2005 // California Insurance Commissioner John Garamendi on Tuesday praised a Los Angeles Federal judge’s ruling that the Artemis company, reportedly a main conspirator in the fraudulent purchase of the Executive Life...
ICT Joins Mesquite Police on Crime Prevention Program
Nov 23 2005 // The Insurance Council of Texas and the Mesquite (Texas) Police Department have joined together in a crime prevention program aimed at reducing automobile burglaries. The program involves the creation and implementation of...
Mass. AG Makes Final Argument for 18% Cut in Auto Insurance; Proposes Anti-Fraud Program
Nov 23 2005 // Massachusetts Attorney General Tom Reilly on Wednesday made his case for an 18 percent reduction in auto insurance rates for 2006 and also proposed an anti-fraud initiative based on the ongoing efforts in the city of...
Insurers Cool to N.Y. Proposal to Freeze Access to Consumer Credit
Nov 22 2005 // Insurance company lobbyists urged New York lawmakers in Albany this week to refrain from blocking insurers’ access to consumer credit information as part of their efforts to protect consumers from identity theft. The...
Software Monitors W.Va. Fraud
Nov 21 2005 // West Virginia has implemented investigation management software to enable the Insurance Commission’s Fraud Unit to monitor the growing volume of investigations and multiple investigators in various locations to...
Calif. Fraud Ring Lands Three in Jail
Nov 21 2005 // Three suspects have been arrested following an 11-month investigation by the California Department of Insurance of an auto insurance fraud ring that targeted car rental and insurance companies for fraudulent automobile...
Bus Driver Guilty of Workers’ Comp Fraud
Nov 21 2005 // A Metropolitan Transportation Authori-ty (MTA) bus driver has pleaded guilty to workers’ compensation insurance fraud after an investigation by the California Depart-ment of Insurance (CDI) Fraud Division. Renee...
Honolulu Man Convicted of Auto Insurance Fraud
Nov 21 2005 // The Hawaii Department of Commerce and Consumer Affairs’ Insurance Division has reported it has successfully prosecuted a man for auto insurance fraud. Kahala resident Roque Lindow pleaded guilty to three cases of...
FLORIDA
Nov 20 2005 // Brian, Brad and Dean Shecht-man, cousins who allegedly swindled more than 1,200 elderly victims out of millions of dollars in a bait-and-switch insurance scheme are in the limelight again as details surface about a...
Software Monitors W.Va. Fraud
Nov 20 2005 // West Virginia has implemented investigation management software to enable the Insurance Commission’s Fraud Unit to monitor the growing volume of investigations and multiple investigators in various locations to...
Calif. Fraud Ring Lands Three in Jail
Nov 20 2005 // Three suspects have been arrested following an 11-month investigation by the California Department of Insurance of an auto insurance fraud ring that targeted car rental and insurance companies for fraudulent automobile...
N.J. Mom Keeps Auto Theft Scam a Family Affair; Son Also Charged
Nov 16 2005 // New Jersey Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging a Union County mother and son with...
Auto Fraud Case Link Suspected as Discarded Medical Records Discovered in Longwood, Fla.
Nov 15 2005 // A trash bin in Longwood, Fla. near Orlando has revealed boxes of medical records containing photographs, names, Social Security numbers and other personal information about chiropractic patients in Lawrence, Mass. treated...
NPR Details Crop Insurance Fraud
Nov 14 2005 // In a detailed new investigation, National Public Radio examined the U.S. Department of Agriculture’s recent allegations that some farmers across the country cheated the U.S. Treasury and insurers out of $160 million...
Md. Cop on the Wrong Side of the Law; Convicted of Insurance Fraud
Nov 12 2005 // Maryland Attorney General J. Joseph Curran, Jr., announced the conviction of a seven year veteran of the Prince George’s County Police Department for insurance fraud. Jermaine Ayala, 30, of Lanham, received an 18...
Mt. Washington Assurance Offers ID Fraud Protection to N.H. Policyholders
Nov 10 2005 // Mt. Washington Assurance Corporation announced the availability of its new Identity Fraud Expense Coverage for its New Hampshire policyholders. Offered as an inexpensive addition to existing homeowners policies, the...
