Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
German Prosecutors Arrest Ex-Wirecard Execs on Suspicion of Running Criminal Racket
Jul 24 2020 // German prosecutors arrested three former top executives of Wirecard on Wednesday, saying it suspected them of masterminding a criminal racket to fake the company’s accounts and bilk creditors of billions of...
Connecticut State Trooper Charged with Workers’ Comp Fraud, Larceny
Jul 23 2020 // A Moosup, Conn., man has been arrested and charged with illegally collecting workers’ compensation benefits while being employed as a Connecticut state trooper. Kevin Moore, age 41, was arrested by inspectors from...
Former Comptroller Pleads Guilty to Stealing $259K from Louisiana Community College
Jul 21 2020 // The former comptroller for a community college in Louisiana has pleaded guilty to stealing more than $250,00 from her employer. Carol Bates, the former comptroller for Bossier Parish Community College (BPCC), pled guilty...
Former Assistant U.S. Attorney Martin Joins Insurance Crime Bureau Team
Jul 21 2020 // The National Insurance Crime Bureau (NICB) reports that Pat Martin has joined the association’s new general counsel. Martin is the former chief of the Criminal Division of the U.S. Attorney’s Office for the...
Former Mississippi Priest Accused of Wire Fraud, Stealing $18K from Parishioners
Jul 20 2020 // A former priest in Mississippi has been indicted for wire fraud after federal investigators said he took more than $18,000 from parishioners for personal expenses. Father Lenin Vargas, who led St. Joseph Catholic Church in...
Georgia Court: No Coverage Owed for Shooting Due to Criminal Act Exclusion
Jul 20 2020 // An insurer is not liable for injuries caused by a policyholder who shot a 15-year-old boy in the head because the policy excluded coverage for criminal acts, a split Georgia Court of Appeals panel decided. The 2-1 ruling...
Maryland Governor Announces $501M Unemployment Insurance Fraud Case
Jul 17 2020 // Maryland uncovered a massive criminal enterprise involving identity theft and more than 47,500 fraudulent unemployment insurance claims in the state adding up to more than $501 million, Governor Larry Hogan said Wednesday,...
Berkley Crime Names Platt Assistant Vice President/Underwriter for West
Jul 17 2020 // Berkley Crime, a division of Berkley FinSecure, a Berkley Co., has named Brian Platt assistant vice president-Underwriter. Platt will be focused on developing stand-alone fidelity/crime business across a spectrum of...
Florida Official Pleads Guilty in $5M Hurricane Fraud Scheme
Jul 17 2020 // A Florida city official pleaded guilty Tuesday to his role in a scheme to bilk the federal government out of $5 million in Hurricane Michael cleanup money, the U.S. attorney’s office announced. Former Lynn Haven...
California Nursing Home Operator Settling Fraud Claims for $16.7M
Jul 15 2020 // A Los Angeles company that runs 27 nursing homes has agreed to pay $16.7 million to settle allegations of Medicare fraud, the U.S. attorney’s office announced. Longwood Management Corp. didn’t acknowledge any...
Former Owner of Cleaning Company Charged with Workers’ Comp Fraud
Jul 14 2020 // The former owner of a Massachusetts cleaning company has been charged with wage theft and workers’ compensation insurance fraud, Rhode Island Attorney General Peter F. Neronha announced. Marcello Pompa, of Saugus,...
Massachusetts Man Indicted for More Than $200K Insurance Fraud Scheme
Jul 13 2020 // A Holbrook, Mass., man was indicted in connection with damaging luxury cars bought under false pretenses in order to collect insurance proceeds, Attorney General Maura Healey announced. Dion Augustin was indicted by a...
German Officials Seize Server With U.S. Police Files Stolen in Data Breach
Jul 10 2020 // At the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from scores of U.S. federal, state and local law enforcement agencies obtained in a Houston data...
Texas Communities to Use $12M in Grants to Combat Vehicle Crimes
Jul 9 2020 // Texas suffers from more than $1 billion in losses from motor vehicle crime each year, according to the Motor Vehicle Crime Prevention Authority (MVCPA), a division of the Texas Department of Motor Vehicles. To help Texans...
Insurance Fraud Investigators Ramp Up During Reopening, Even as Claims Volumes Drop
Jul 7 2020 // Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire globe at once. Fraud-prevention advocates have long been warning about the...
Wirecard Probe Expands with Arrest of Head of Dubai-Based Subsidiary
Jul 7 2020 // BERLIN/FRANKFURT – German prosecutors said on Monday they had arrested the head of a Dubai-based subsidiary of Wirecard, widening the circle of suspects in a multi-billion-dollar fraud investigation into the collapse of...
Houston Pharmacist Gets 10 Years in $21M Workers’ Comp Fraud Case
Jul 6 2020 // A Houston pharmacist has been sentenced to 10 years in prison in a $21 million workers’ compensation fraud case. George Philip Tompkins, 75, the self-proclaimed “Compound King” and former owner of Piney...
Florida’s Citizens Accuses Embattled Law Firm, Others of Sham Lawsuits, Racketeering
Jul 6 2020 // Florida’s state-run Citizens Property Insurance Corp. has joined a chorus of insurance companies accusing the Strems Law Firm of lawsuit abuse. Citizens says it has lost millions of dollars due to an alleged scheme...
Texas Work Comp Division: Healthcare Providers Indicted for Drug Distribution, Fraud
Jul 2 2020 // Three Texas healthcare providers will face trial for conspiracy to distribute controlled substances and mail fraud, according to the Texas Department of Insurance – Division of Workers’ Compensation. On June...
No Coverage Owed for Shooting Due to Criminal Act Exclusion
Jul 1 2020 // An insurer is not liable for injuries caused by a policyholder who shot a 15-year-old boy in the head because the policy excluded coverage for criminal acts, a split Georgia Court of Appeals panel decided. The 2-1 ruling...
