Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Another Frankel Associate Pleads Guilty
Mar 19 2001 // A lawyer hailing from Tennessee pleaded guilty Friday to conspiracy and money laundering in an insurance fraud scheme masterminded by Martin Frankel. Frankel allegedly purchased insurance companies in Tennessee,...
CDI Makes Workers’ Comp Fraud Arrest
Mar 14 2001 // Investigators from the California Department of Insurance Criminal Investigations Branch on Tuesday arrested Jeffrey Ferguson of Tuolumne County, Calif. on charges of workers’ compensation fraud. Ferguson is being...
Frankel Pleads Not Guilty
Mar 13 2001 // Financier Martin Frankel pleaded not guilty Monday to a string of charges, including fraud. Frankel was arraigned in U.S. District Court in New Haven, Conn., following his extradition on March 2 from Germany, where he...
DIGGING UP OFFSHORE FRAUD
Mar 12 2001 // The California Department of Insurance (CDI) Criminal Investiga-tions Branch reported evidence that fraudulent certificates of insurance have been issued to more than 100 taxicab companies operating throughout California,...
Three Amigos Face Fraud
Mar 12 2001 // Following a two-year investigation by the California Department of Insurance (CDI) Criminal Investigations Branch, investigators arrested three Sacramento residents-John Michael Hermoso, 40; William Gregory Hoshall, 39;...
Allstate Wins Landmark Fraud Case
Mar 12 2001 // On March 8, Allstate Corp., the second-largest auto insurer, was awarded $8.2 million in a landmark fraud case involving nine medical clinics accused of billing for treatments that were never rendered, according to an...
IIAA Outlines Position on Anti-Fraud Legislation to Congress
Mar 7 2001 // Independent Insurance Agents of America State Government Affairs Committee chairman Ronald A. Smith, testifying at a joint hearing of the Oversight & Investigations and Financial Institutions subcommittees, called on...
Liberty Mutual Assists in Probe of Car Theft Ring
Mar 6 2001 // Liberty Mutual Insurance Co. lent its cooperation in an investigation, conducted by the Westchester district attorney’s office, the Westchester County Dept. of Public Safety, the New York State Police and the New...
New York Shuts Doors on Alleged Phony Insurance Card Operation
Mar 5 2001 // New York Superintendent Neil D. Levin announced that a joint undercover investigation conducted by the Department’s Frauds Bureau and the New York City Police Department’s Auto Crime Division has led to the...
CDI LOOKS FOR FRAUD
Mar 5 2001 // Search warrants were executed at more than 10 locations in California in February, according to the California Department of Insurance Criminal Investigations Branch. Investigators were hunting for evidence of unlicensed...
In Over His Head
Feb 26 2001 // Johnny Brocktune Lew of Stockton, Calif., was sentenced to seven years and four months in state prison for plotting an insurance fraud scheme to sink his luxury yacht. The sentence was handed down by San Joaquin County...
Truth Gets Flushed Down the Drain
Feb 26 2001 // A joint investigation by the CDI Criminal Investigations Branch, the Los Angeles District Attorney’s Office, the Insurance Fraud Unit and HIH Insurance Company led to the conviction of Jesus Evaristo Gonzalez of...
CDI Investigates Possible Fraud at
Feb 23 2001 // The California Department of Insurance is looking into allegations of premium theft, embezzlement and other violations connected with the Redwood City, Calif.-based Wersching Insurance Agency, which is run by former San...
Carriers Battle Alleged Taxicab Market Fraud
Feb 19 2001 // In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The...
CDI Searches California Agencies In Effort to Uncover Possible Fraud
Feb 16 2001 // Search warrants were executed at more than 10 locations in California in the past two weeks, according to the California Department of Insurance Criminal Investigations Branch. Investigators were hunting for evidence of...
Ohio DOI Unveils Top 10 Fraud Violations of 2000
Feb 15 2001 // Ohio Department of Insurance Director Lee Covington released a list of the Top 10 Insurance Fraud violations for 2000. During 2000, the Department opened 144 fraud cases. At the Insurance Department, the Enforcement...
Insurance Fraud Prevention Authority Releases Statistics for 2000
Feb 13 2001 // The Pennsylvania Insurance Fraud Prevention Authority released its annual statistics. The IFPA funds 13 law enforcement units throughout the commonwealth using assessments on insurance companies. Without spending one cent...
Carriers Battle Alleged Taxicab Market Fraud
Feb 12 2001 // In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The...
Caught After Years of Wrongdoing
Feb 12 2001 // Following a six-month investigation, former insurance agent Charles Stanley Tigner was arrested on a Tulare County Superior Court warrant. Among the 127 criminal violations charged in the warrant are insurance fraud, grand...
Anti-Fraud Efforts Become Top Priority For Departments of Insurance
Feb 5 2001 // In an effort to assist insurers and departments of insurance, the National Association of Insurance Commissioners has undertaken the daunting task of compiling a directory of how departments of insurance across the country...
