Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
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...
N.A.P.T. Chief Officer Pleads Guilty to Fla. Fraud
Aug 7 2002 // The chief organizer of a Pennsylvania organization that reportedly sold bogus health insurance to thousands of Floridians has pleaded guilty to two felony counts of communications fraud, Florida Treasurer and Insurance...
Calif. Broker Arrested for Alleged Grand Theft
Aug 6 2002 // Investigators from the California Department of Insurance (CDI) Criminal Investigations Branch arrested a Cerritos insurance broker based on evidence gathered which allegedly shows the broker collected premiums and failed...
Calif. Authorities Bust Major Auto Fraud Ring
Aug 5 2002 // In its largest bust to date, the Los Angeles County Organized Auto Fraud Interdiction Task Force and 120 law enforcement officers and investigators executed arrest warrants July 16 for 28 individuals charged with insurance...
Camino, Calif. Resident Charged with Fraud
Aug 5 2002 // John Eugene Carter, 38, of Camino, Calif. was arrested on one felony count of insurance fraud, one count of attempted perjury and booked into the El Dorado County Jail. Investigators with the CDI Criminal Investigations...
Marine Market Sees Favorable Future Despite Hard Market
Aug 5 2002 // While many markets in the insurance industry continue to see adverse effects due to the hard market and recourse from 9/11, the marine market is one of the few that has a good view of the light at the end of the tunnel....
Calif. Authorities Bust Major Auto Fraud Ring
Aug 5 2002 // In its largest bust to date, the Los Angeles County Organized Auto Fraud Interdiction Task Force and 120 law enforcement officers and investigators executed arrest warrants July 16 for 28 individuals charged with insurance...
Camino, Calif. Resident Charged with Fraud
Aug 5 2002 // John Eugene Carter, 38, of Camino, Calif. was arrested on one felony count of insurance fraud, one count of attempted perjury and booked into the El Dorado County Jail. Investigators with the CDI Criminal Investigations...
NAME CHANGE CAN’T HIDE FRAUD
Aug 5 2002 // A Travis County District Court found that a Houston company changed its name several times while trying to avoid prosecution for premium fraud, according to Texas Mutual Insurance Company. A.C. Lath & Plastering Inc.,...
Calif Men Arrested for Alleged Fraud, Arson
Aug 2 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested two men on insurance fraud and arson charges. Emmanuel Benavides Torres, 25, and Oscar Gomez...
No Fraud Found in Lloyd’s Recruitment of Investors
Jul 31 2002 // A London appeals court reportedly dismissed allegations of fraud against Lloyd’s insurance market, which had been charged by dissatisfied members, or Names, with deceiving them into investing in Lloyd’s...
