Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
AI Is Turbocharging Organized Crime, EU Police Agency Warns
Mar 20 2025 // The European Union’s law enforcement agency cautioned Tuesday that artificial intelligence is turbocharging organized crime that is eroding the foundations of societies across the 27-nation bloc as it becomes...
Hyundai, Kia’s Anti-Theft Measures Fuel Steep Dip in US Vehicle Thefts
Mar 20 2025 // Vehicle thefts in the United States recorded their biggest yearly drop in four decades as automakers, mainly Hyundai and Kia, bolstered anti-theft measures, while easing supply chain constraints made stealing vehicles for...
Detroit Area CBP Director Charged in FEMA Fraud Scheme
Mar 19 2025 // A federal criminal complaint was unsealed today charging the Director of United States Customs and Border Protection’s (CBP) Center for Excellence and Expertise over Automotive and Aerospace Engineering with engaging...
Fourth Gang Member Sentenced for Thefts of Warhol, Pollock Art and Yogi Berra Rings
Mar 18 2025 // A Pennsylvania man who was part of a group that stole paintings by Andy Warhol and Jackson Pollock among other valuables was sentenced to eight years in federal prison after pleading guilty to theft of major...
Former Corrections Officer Going to Jail for Insurance Theft
Mar 18 2025 // A former state correctional officer from Baltimore has been sentenced in the Circuit Court for Baltimore County for felony theft of $25,000 to $100,000 and ordered to pay $50,251.66 in restitution, announced Attorney...
California Body Shop Owner Charged With Insurance Fraud on Bait Car
Mar 13 2025 // A San Jose, California, body shop owner was charged with insurance fraud following an undercover sting operation that reportedly revealed he jacked an insurance damage estimate on a bait car. The operation, led by...
Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs
Mar 11 2025 // Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized...
CFPB Drops Suit Against US Banks Over Alleged Fraud on Zelle
Mar 5 2025 // The Consumer Financial Protection Bureau dismissed another Biden-era lawsuit, this one targeting some of the world’s largest banks for allegedly rushing out a peer-to-peer payment network that then allowed fraud to...
Missouri Man Admits to Stealing Railroad Equipment on 33 Occasions
Mar 3 2025 // A Missouri man on Friday admitted stealing railroad equipment on 33 occasions in Missouri and Illinois, costing railroads more than $1.5 million. Jesse Henry, 21, of Laclede County, Missouri, pleaded guilty in U.S....
Prosecutor Says Golden Toilet Was Stolen From English Palace in ‘Audacious Raid’
Feb 27 2025 // It was not your typical smash-and-grab burglary and the booty was precious: a toilet worth more than its weight in gold. The one-of-a-kind 18-carat gold toilet was swiped in under five minutes from Blenheim Palace, the...
Michigan Man Sentenced in Million-Dollar Unemployment Insurance Fraud Scheme
Feb 26 2025 // A man from Detroit, Michigan was sentenced last week for his role in a multi-state, million-dollar unemployment insurance fraud scheme aimed at defrauding the U.S. government and the states of Michigan, Pennsylvania, and...
ECM Theft Is Skyrocketing—Here’s How to Stay Ahead
Feb 26 2025 // This post is part of a series sponsored by IAT Insurance Group. Late at night in the Fall of last year, thieves stole 13 ECM units from a fleet of commercial trucks in Chicago. While cameras recorded the theft, nobody...
Scam Calls Hit Record in Thailand Before Cyber Fraud Crackdown
Feb 25 2025 // Thailand saw the number of scam calls and text messages more than double to a record 168 million in 2024 from a year earlier, an anti-scam tech firm said, before authorities stepped up a crackdown on cyber fraud operations...
Florida Contractor in Fatal Fall Incident Sentenced for Workers’ Comp Fraud
Feb 25 2025 // A Florida framing contractor has been sentenced to 48 months in prison and millions of dollars in fines and restitution after he failed to obtain workers’ compensation insurance and ignored safety practices, leading...
Texas Man Sentenced to 13 Years in Prison for Multi-Million Dollar Insurance Fraud
Feb 24 2025 // A Texas man was sentenced last week to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced. Jordan Ford, 32, was charged...
Insurance Fraud – Brazen and Big
Feb 24 2025 // Anyone who believes insurance is a dull industry is unfamiliar with recent fraud schemes so macabre they could be turned into gripping adventure movies. One such caper is the staged accident scheme perpetrated by the...
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Feb 24 2025 // Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean...
Former Florida Broker, Others Charged in Insurance Fraud Schemes
Feb 20 2025 // One person in Texas and four people in Florida, including a previously licensed insurance broker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three...
Former Ohio Insurance Agent Sentenced to Probation for $1.4M Theft
Feb 19 2025 // A former Ohio insurance agent was sentenced this month to five years of probation for thefts exceeding $1.4 million. Rhonda Chandler, of the Columbus area, stole and misappropriated funds, including premiums for pre-need...
Philadelphia Man Pleads Guilty to Stealing Dead Person’s ID, Insurance Fraud
Feb 12 2025 // A Philadelphia County man has pleaded guilty to felony charges for stealing a deceased classmate’s identity and fraudulently using it to obtain a driver’s license, vehicle registration and insurance, and to...
