Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Insurers, Companies Look to Stem the Tide of Cargo Theft
Feb 11 2002 // Staying one step ahead of criminals is a challenge for both the companies that transport cargo and the insurers who provide coverage for them. As the criminal gets smarter and comes up with new ways to steal,...
Texas Workers’ Comp Fraud
Feb 11 2002 // A Travis County District Court sentenced Liza Fortune on charges of insurance fraud and ordered her to pay $15,013.89 in restitution to Texas Mutual Insurance Company. Fortune’s two-year sentence was suspended for...
Calif. Man Surrenders on Fraud Charges
Feb 5 2002 // Michael Vannostran, 24, of San Clemente, surrendered after an arrest warrant was filed by the Orange County District Attorney’s Office charging him with two counts of insurance fraud. Vannostran surrendered at the...
Investigation Reveals Widespread Auto Fraud Continues in Calif.
Feb 4 2002 // A new investigation by the Bureau of Automotive Repair (BAR) reveals widespread billing fraud and repair defects have continued across California, according to the Los Angeles Times. The 18-month investigation spawned last...
Charles Wilker Named to Penn Fraud Board
Feb 1 2002 // Charles G. Wilker of Wexford, Pennsylvania, a 16-year insurance-fraud investigator and former State Police Trooper, has been named to serve on the board of directors of the state’s Insurance Fraud Prevention...
Near North Insurance Brokerage Exec Charged with $20M In Fraud
Jan 31 2002 // According to the Chicago Tribune, Michael Segal, CEO of Near North Insurance Brokerage, was arrested on Jan 26 and charged with insurance and mail fraud in a Chicago federal court. The formal complaint alleges that Segal...
Calif. Man Arrested for Auto Insurance Fraud
Jan 30 2002 // Investigators from the Fresno Regional Office of the California Department of Insurance (CDI) Fraud Division, served a warrant for arrest on Ali Saeed Echtibi at his residence in Fresno for his alleged involvement in a...
Bill Creating Fraud Unit Introduced in Indiana
Jan 29 2002 // A bill that would create an insurance fraud unit dedicated to investigating and preventing insurance fraud has been introduced in the Indiana Legislature. Under HB 1374, which was introduced by state Rep. Mike Smith, a...
IRC Cites Fraud as Cause of NYC Claims Jump
Jan 29 2002 // A new study by the Insurance Research Council (IRC) has concluded that a 20 percent increase in claims costs in the New York metropolitan area is primarily due to widespread fraud targeting the state’s no-fault...
If at first you don’t succeed…
Jan 28 2002 // Terry Thomas, 31, of Downey, Calif., was sentenced in Los Angeles Superior Court to five years in state prison on one count of insurance fraud and one count of conspiracy to commit insurance fraud. Thomas’ conviction...
FRAUD STILL A SERIOUS PROBLEM
Jan 28 2002 // An Insurance Research Council (IRC) and Insurance Services Office Inc. survey shows that insurers of all sizes consider fraud “a serious problem.” According to a PRNewswire report, more than one-third of...
When Good Employees Go Bad: Crime Insurance for Employee Dishonesty & Fraud
Jan 28 2002 // • A California man pled guilty to knowingly receiving, possessing and without authorization appropriating stolen trade secret information belonging to his former employer—specifically, customer and order information in...
20 Arrested as NY Auto Fraud Unit Breaks Up Another Insurance Scam
Jan 25 2002 // Six weeks after arresting 112 persons on various charges of insurance fraud, (See IJ Website Dec. 6) New York’s Auto Insurance Fraud Unit has struck again with the arrest of 20 persons accused of being part of...
California Man Arrested for Workers’ Comp Fraud
Jan 23 2002 // Investigators from the California Department of Insurance (CDI) Criminal Investigation Branch’s Fraud Division arrested a San Bernardino man on seven counts of workers’ compensation insurance fraud. According...
NYSID’s Frauds Bureau Posts Record Year
Jan 17 2002 // The New York State Insurance Department’s Frauds Bureau (FB) set new records last year for the investigation and apprehension of persons suspected of committing insurance fraud in the State. I investigations resulted...
Hartford Sues NJ Auto Fraud Ring
Jan 15 2002 // The Hartford has filed a civil action in Morris County State Court against 27 New Jersey residents, charging that they conspired to stage motor vehicle accidents and fake injuries to generate hundreds of thousands of...
Multiple fraud acts under one roof
Jan 14 2002 // Following a four and a half-year investigation and prosecution by CDI, the Employment Development Department (EDD) and the San Mateo County District Attorney’s Office, Laurence Bennett Guy was sentenced in Superior...
When Good Employees Go Bad: Crime Insurance for Employee Dishonesty & Fraud
Jan 14 2002 // A California man pled guilty to knowingly receiving, possessing and without authorization appropriating stolen trade secret information belonging to his former employer—specifically, customer and order information in...
On-line Technology Helps NYSID Battle Fraud
Jan 11 2002 // The New York State Insurance Department’s embrace of on-line technology has enabled it to step up the battle against fraudulent claims, and to handle a record number of cases last year. “The past 12-18 months...
Ohio Department of Insurance Hosting Fraud Seminar
Jan 11 2002 // Ohio’s Department of Insurance will host the 2002 Insurance Fraud Seminar on Wednesday, March 6. The seminar will feature presentations by several fraud enforcement experts on topics such as “Crimes Against...
