Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Fraud Fighters Tackle Individuals Looking to Exploit Disaster
Sep 2 2002 // The events of Sept. 11, 2002 are no doubt unique, but as with all disaster, there are some that are likely to take advantage of the situation. Needless to say, insurance fraud has reared its ugly head over the last year as...
Sacramento Couple Arrested on Burglary Related Ins. Fraud
Aug 29 2002 // Investigators from the California Department of Insurance (CDI) arrested a Sacramento couple on two felony counts of insurance fraud for allegedly filing false claims regarding losses they suffered when their home was...
IIABA Calls on State Securities Regulators to Identify Fraud Perpetrators
Aug 28 2002 // A news release on investment fraud scams issued by a state securities regulator group grossly misidentifies the perpetrators as independent insurance agents, said Independent Insurance Agents & Brokers of America...
Guilty Verdicts for Cicero Officials in Insurance Fraud Scheme
Aug 26 2002 // After 12 days of deliberation jurors returned guilty verdicts against Cicero Town President Betty Loren-Maltese, alleged mob boss Michael Spano Sr. and five other defendants on conspiracy charges arising from a scheme to...
Texas Agent Commits Suicide as FBI Closes in
Aug 23 2002 // As FBI agents attempted to arrest him at a Fort Worth motel, a Tarrant County insurance agent who in May admitted guilt in federal fraud charges killed himself. According to the Fort Worth Star-Telegram, authorities would...
N.Y. Couple Arrested on Fraud Charges
Aug 23 2002 // New York Superintendent of Insurance Gregory Serio announced the arrest of Edwin and Doreen Smith of Webster, N.Y. on charges of insurance fraud and attempted grand larceny. The couple allegedly submitted a fraudulent...
Calif. Pizza Owners Arrested for Alleged Workers’ Comp Fraud, Tax Evasion
Aug 20 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division and the California Franchise Tax Board (FTB) announced the arrests of Benito Storniolo, 44, Laura...
Orange County, Calif., Man Arrested on 19 Counts of Workers’ Comp Fraud
Aug 19 2002 // Nasir Husain, 59, was arrested by investigators from the California Department of Insurance Criminal Investigations Branch’s Fraud Division. Husain was arrested at his home in Westminster on 19 felony counts of...
College Student Faces 10 Years for Fraud
Aug 19 2002 // A San Bernardino Valley Community College student was arrested by California Department of Insurance (CDI) Fraud Investigators and campus police officers as he was on his way to one of his classes. Terry Mcgee, 38, of San...
Calif. Woman Arrested for Auto Fraud
Aug 19 2002 // Monique E. Henriquez, 37, of Elk Grove, Calif., surrendered to authorities in Sacramento County on four counts of insurance fraud. According to an investigation by the CDI, Henriquez’s State Farm automobile policy...
Friends Caught in Auto Fraud Scheme
Aug 19 2002 // A Sacramento man was arrested by the CDI’s Organized Auto Fraud Interdiction Task Force on charges of auto insurance fraud. An Oregon man who allegedly acted as an accomplice is expected to surrender to authorities...
Tarzana, Calif. Agent Arrested for Fraud
Aug 19 2002 // Alfred Galoustian, 34, was arrested on a felony warrant charging six counts of grand theft. CDI investigators revealed that Galoustian allegedly worked as an insurance broker/agent in Tarzana, collected more than $7,500 in...
Wash. Man Pleads Guilty to Fraud
Aug 19 2002 // A Grays Harbor County, Wash. man has pled guilty to a felony charge of first- degree theft and for fraudulently receiving workers’ compensation benefits. Sherwin D. Phillips, 31, was allegedly receiving...
Bay Area Residents Arrested in Alleged Workers’ Comp Fraud Scheme
Aug 19 2002 // Four Bay Area residents have been arrested on multiple counts of grand theft and insurance fraud among other charges. Investigators allege that Elisa Guillermo, a billing clerk for Fremont Compensation Insurance Company,...
AAI Says N.Y. Anti-Voyeurism Bill Would Hinder Fraud-Fighting Efforts
Aug 16 2002 // A bill being considered by the New York State Senate’s Rules Committee aimed at imposing limits on “video voyeurism” could inadvertently hamper insurers’ attempts to unearth fraud, according to the...
CDI Makes Arrests in Fraud Cases
Aug 14 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division announced actions in two cases in the Inland Empire. • Truck driver Ovidio Ochoa, 43, of Hesperia, was...
Victory for Former State Farm Agents Accused of Allegedly Stealing Trade Secrets
Aug 12 2002 // A three-and-a-half year lawsuit pitting two former State Farm agents against giant conglomerate State Farm Automobile Insurance Company has finally come to an end, with the jury’s verdict ruling for the...
N.Y. Broker Arrested on Fraud Charges
Aug 12 2002 // New York superintendent of Insurance Gregory Serio announced that an investigation into suspected sales of fake insurance ID cards has resulted in the arrest of Theresa Feliz, 49, of Bronx, New York. She is charged with...
Annual Fraud Conf. Meets in N.M. Sept. 8-12
Aug 9 2002 // The International Association of Special Investigation Units (IASIU) will host the 17th Annual Insurance Fraud Training Conference Sept. 8-12 in Albuquerque, New Mexico. The event will feature 34 workshops covering...
ISO Adds to All-Claims Fraud Database with Direct Access to Records
Aug 7 2002 // Insurance Services Office, Inc. (ISO) has expanded the ISO ClaimSearch® anti-fraud system to provide access to the broadest range of criminal and civil records searches available today. The enhancement of ISO ClaimSearch...
