Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Sentenced for Workers’ Comp Fraud, Ohio Home Remodeler Must Repay $255K
Aug 21 2018 // The owner of a residential construction business in Dayton who under reported his payroll by millions of dollars to lower his workers’ comp premiums has been sentenced for workers’ compensation fraud, the Ohio...
Texas Workers’ Comp Fraudster Sentenced for Double Dipping
Aug 21 2018 // A Travis County, Texas district court has sentenced Gary Hunt of Austin on workers’ compensation fraud charges. Hunt reported a job-related injury while working as a sales coach for Radiant Plumbing Service Inc., and...
Pennsylvania Warns Consumers, Insurers About Rising National Auto Theft Rates
Aug 20 2018 // Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rose by more than four percent in the first half...
Construction Company Indicted for Wage Theft, Insurance Fraud in New York
Aug 20 2018 // CRV Precast Construction LLC (CRV) and six of its employees have been indicted for misclassifying workers as lesser-skilled, underpaying them and falsifying information about payroll and employees, including a worker who...
North Carolina Insurance Fraud Round-Up
Aug 20 2018 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of July. Details of the incidents, as reported by NCDOI, are as follows: Monroe Man Charged with Fraud Gary Miller of...
Ex-Alabama Police Officer Sentenced to 10 Years for Insurance Fraud, Theft
Aug 17 2018 // A former police officer in Alabama who pleaded guilty to insurance fraud and burglary has been sentenced to 10 years in prison. The Montgomery Advertiser reports 51-year-old Leon Todd Townson was sentenced Aug. 13. The...
Investor Sues AT&T Over Cryptocurrency Theft
Aug 16 2018 // U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T, accusing it of fraud and gross negligence in connection with the theft of...
Former Illinois Insurance Broker Sentenced to Prison, Must Repay Nearly $1M
Aug 15 2018 // The former owner of multiple property/casualty insurance operations in northern Illinois has been sentenced to more than four years in prison and ordered to pay nearly $1 million in restitution for insurance fraud. U.S....
Special Police Unit Seeks to Curb Thefts From Indiana RV companies
Aug 15 2018 // A special police unit is seeking to curb burglaries and thefts from businesses including recreational vehicle companies in northern Indiana. Police in the Elkhart County city of Goshen say their unit was formed to deal...
Cyber Criminals Steal $13.5M from India’s Cosmos Bank
Aug 15 2018 // Cyber criminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told...
Tesla CEO Musk Just Made It Easier for Shareholders to Sue: Viewpoint
Aug 14 2018 // On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private at $420 a share, with “funding secured” for the transaction, Tesla published a blog post in...
Seattle Airplane Theft Shows Potential Dangers from Airline Workers
Aug 13 2018 // The theft of an empty plane by an airline worker who performed dangerous loops before crashing into a remote island in Washington’s Puget Sound illustrated what aviation experts have long known: One of the biggest...
Sicilian Gangsters Crushed Limbs to Fake Car Accidents in Insurance Fraud: Police
Aug 10 2018 // Sicilian gangsters dropped 25-kilo (55-pound) cast-iron weights on the limbs of drug addicts, alcoholics and other vulnerable people to obtain insurance payments for fake car accidents worth hundreds of thousands of euros,...
North Carolina Insurance Fraud Round-Up: July
Aug 7 2018 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of July. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
Travelers Seeks Review of Court Ruling on Crime Insurance Loss Involving Email Fraud
Jul 31 2018 // Travelers Insurance is seeking a full Sixth Circuit court reconsideration of its three-judge panel ruling that said the insurer’s crime insurance policy’s computer fraud clause covered a loss due to money...
1 Arrested, Second Suspect Sought in Georgia Roofing Insurance Fraud Scheme
Jul 31 2018 // Fraud investigators with the Georgia Department of Insurance have arrested a Columbus, Ga., roofing contractor and issued warrants on his employer for intentionally vandalizing the roofs of two homes in Muscogee County,...
LWC’s Office of Workers’ Comp Administration Adds Lee as Fraud Manager
Jul 30 2018 // Darrick Lee, a licensed attorney in both Louisiana and Texas, has been appointed fraud manager in the Office of Workers’ Compensation Administration (OWCA) at the Louisiana Workforce Commission. Lee has 13 years of...
Two Women Sentenced in Washington for Insurance Fraud
Jul 26 2018 // Two Washington state women have been sentenced after pleading guilty to committing insurance fraud, the state insurance department announced. The sentencing is the result of an investigation conducted by the Criminal...
Texas Woman Gets 30 Years in Prison for Arson, Insurance Fraud
Jul 26 2018 // A Dallas woman with a history of filing 31 insurance claims against a dozen companies got burned when one turned out to be arson, the Texas Department of Insurance announced earlier this month. Genevieve Thompson was...
Pennsylvania Warns Consumers, Insurers About Rising National Auto Theft Rates
Jul 26 2018 // Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rising by more than four percent in the first...
