Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
LA. AGENT ARRESTED:
Dec 1 2003 // A Ruston, La. insurance agent with expired licenses was issued a cease and desist order in the wake of his arrest on charges of felony theft and insurance fraud. According to the Louisiana Department of Insurance the...
Fla. Business Owner Charged with Fraud
Nov 25 2003 // The owner of a Tallahassee, Florida pool construction business has been charged with workers’ compensation fraud and uttering a forged instrument. Wilbur Sellars, owner of Pro Pools Inc., surrendered last Thursday to...
Former N.J. Company Employee Ordered to Pay $4,000 to Employer
Nov 25 2003 // New Jersey Attorney General Peter Harvey announced that a former employee of a Hudson County insurance agency has been ordered to pay nearly $4,000 in restitution after reportedly admitting to concocting a scheme to issue...
Iowa Agent Gets 4 Years for Securities Fraud
Nov 25 2003 // A Marion, Iowa, insurance agent was sentenced to four years in prison for selling fraudulent securities, according to The Marion Star. Paul L. Edwards, 68, received three years for reportedly engaging in a pattern of...
V Unveils Call Center Solution for Detecting Fraudulent Workers’ Comp and Car Claims
Nov 20 2003 // V, a provider of layered voice analysis technology (LVA) in North America and markets throughout the world, announced at the National Workers’ Compensation and Disability Conference this week, immediate availability...
‘Runner’ Bill on the Move in Mass. Legislature
Nov 19 2003 // The Massachusetts Joint Committee on Criminal Justice has favorably reported out a bill designed to fight insurance fraud by cracking down on “runners” who promote auto insurance fraud. “The first step in...
Alliance Also Supports Mass. “Runner” Bill
Nov 19 2003 // The Alliance of American Insurers joined the NAII (see previous article) in urging quick approval of the proposed Massachusetts law that would prevent so-called “runners” from recruiting clients for...
Louisiana Agent Arrested for Fraud, Theft
Nov 18 2003 // The Louisiana Department of Insurance announced that a Ruston, La., insurance agent whose licenses recently expired was issued a cease and desist order in the wake of his arrest on charges of felony theft and insurance...
CARFAX Sends Out Alert on Auto Fraud Scam
Nov 17 2003 // CARFAX, a provider of the vehicle history report, is warning the public about a type of automobile fraud that reportedly involves both a stolen vehicle and a stolen identity – a vehicle’s identity, that is. The...
4 NYPD Officers, 12 Others Charged in Auto Fraud Case; OneBeacon Helped Investigators
Nov 17 2003 // The New York State Insurance Department announced that 16 people, includng four current and one former NYPD officer, have been charged with grand larceny and other offenses in the theft of nearly a quarter of a million...
Hyundai Tiburon, Subaru Impreza Top Canada’s Stolen Auto List
Nov 14 2003 // For the fourth year in a row, the Hyundai Tiburon (2-door) has the distinction of holding the top spot on Insurance Bureau of Canada’s (IBC) top 10 list of the country’s most frequently stolen vehicles. This...
N.Y. Department Notes 5% Overall Auto Rate Reduction by State Farm Mutual
Nov 13 2003 // New York Superintendent of Insurance Gregory Serio announced that the Insurance Department has approved a State Farm Mutual Insurance Company overall rate reduction of 5% on their private passenger automobile rates which...
Former N.J. Chiropractor Pleads Guilty to Health Care Claims Fraud
Nov 13 2003 // New Jersey Attorney General Peter Harvey announced that a former Bergen County chiropractor previously convicted of insurance fraud has pleaded guilty to additional charges, including Health Care Claims Fraud for...
Nev. Man Found Guilty of Felony Insurance Fraud
Nov 13 2003 // Attorney General Brian Sandoval announced that Patrick Lee Miller was found guilty of a felony insurance fraud, making false representations to an insurance company. The matter was heard in Humboldt County’s 6th...
N.J. Sentences Man on Fraud Charges
Nov 12 2003 // Vaughn McKoy, Director, New Jersey’s Division of Criminal Justice, announced that a Hudson County man has been ordered to perform community service and pay a $5,000 civil penalty for falsely reporting that his car...
N.J. Couple Sentenced as Part of $500,000 Fraud Scam
Nov 4 2003 // New Jersey Attorney General Peter Harvey announced that a Camden County husband and wife charged as part of a multiple-defendant insurance fraud scam have been ordered to repay an insurance company more than $25,000 for...
N.J. Office of Fraud Prosecutor Charges Pa. Woman with Bilking Money from State Disability Fund
Nov 3 2003 // New Jersey Attorney General Peter Harvey announced the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has charged a Pennsylvania woman with theft, forgery and falsifying documents for allegedly...
Rosemead Broker Arrested for Grand Theft, Forgery
Nov 3 2003 // A former insurance broker has been arrested on nine felony counts of grand theft and one felony count of forgery totaling $73,990, according to CDI investigators. Ronald Nhi Bang, 34, allegedly collected premiums from at...
Couple Faces Five Years for WC Fraud
Nov 3 2003 // A Grass Valley, Calif., couple faces up to five years in prison and/or a fine of up to $50,000 after an investigation by CDI Fraud Investigators resulted in multiple felony counts of workers’ compensation insurance...
Calif. Trio Pleads Guilty to Scheme
Nov 3 2003 // Three men pleaded guilty to multiple felony counts on Sept. 10 involving an automobile insurance fraud scam that was exposed during a three-year joint investigation by CDI, California Highway Patrol, National Insurance...
