Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Commerce Department: 23 Cars Stolen Every Day in Minnesota
Mar 16 2012 // On average, 23 cars are stolen — or almost one car per hour — every day in Minnesota, state officials say. Nearly 8,400 vehicles were stolen in Minnesota in 2010 alone, totaling more than $21.3 million in stolen value,...
Former South Dakota Deputy, Insurance Agent Sentenced for Fraud
Mar 15 2012 // A South Dakota sheriff’s deputy and former insurance producer who pleaded guilty in an insurance fraud case has been sentenced to about 2 1/2 months in jail and 2 1/2 years of probation. Forty-two-year-old Rob...
Trial Date Set for Former N.J. School Chief Accused of Insurance Fraud
Mar 15 2012 // A federal judge has set an April 9 trial date for a former New Jersey schools superintendent accused of corruption. But a decision on whether Michael Ritacco’s can be tried separately from his co-defendant has been...
Pennsylvania Guard Suspended Over Insurance Fraud Charges
Mar 15 2012 // A guard at the Allegheny County Jail in Pittsburgh has been suspended without pay because police say she filed a false claim that her car had been stolen when she knew, instead, that her boyfriend had crashed the vehicle...
Indiana, Nebraska and South Dakota Pass Contractor Fraud Bills
Mar 14 2012 // The Indiana and Nebraska legislatures recently passed much needed legislation that could help protect homeowners from contractor fraud and abuse, according to the Property Casualty Insurers Association of America...
N.Y. Unveils Plan to Shut Down Fraud Docs, Medical Mills
Mar 14 2012 // Dishonest doctors and medical mills in New York better watch out! Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Securities Fraud Settlements in 2011 Were Lowest in Decade
Mar 14 2012 // Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround. The number and size of securities fraud settlements that won...
Jurors: Evidence Overwhelming in Stanford Trial
Mar 12 2012 // In the end, the flashy business suits, charming smile, yachts, luxurious private jets and a passion for the sport of cricket couldn’t mask what Texas tycoon R. Allen Stanford actually was: a con man. Jurors who...
Former Agent in Washington Sentenced For Stealing $1 Million-Plus From Clients
Mar 9 2012 // A former insurance agent who stole more than $1 million from elderly clients has been sentenced to 75 months in prison. Jasmine Jamrus-Kassim was arrested in March 2011 after an investigation by the state insurance...
16 Arrested in Brooklyn, N.Y., for Allegedly Staging Auto Accidents
Mar 9 2012 // Sixteen people in Brooklyn, N.Y., have been arrested for their roles in allegedly staging auto accidents to fraudulently receive insurance payouts. New York State Attorney General Eric Schneiderman announced the arrests on...
Florida House, Senate Differ on PIP Reform; Special Session Possible
Mar 8 2012 // The Florida Senate has rewritten the House’s bill aimed at reforming the state’s no-fault auto law, adding numerous provisions that are opposed by House lawmakers. As a result, there is a chance that the issue...
Stanford Ponzi Scheme Verdict Could Boost Civil Claims
Mar 7 2012 // The conviction of Allen Stanford on Tuesday for orchestrating a $7 billion Ponzi scheme could be bad news for two prominent law firms and an attorney facing civil lawsuits arising out of the Texas financier’s...
Florida House Passes PIP Fraud Bill
Mar 5 2012 // A bill aimed at cracking down on rampant fraud in the state’s personal injury protection insurance was passed Friday in the Florida House of Representatives. The bill (HB 119) was approved largely along party lines...
Mississippi Trial to Begin in Frankel, Vatican Fraud Case
Mar 5 2012 // More than a decade after it was filed, a federal judge in Mississippi has set a tentative trial date in a lawsuit stemming from scams run by a notorious financier who looted $200 million from insurance companies and...
Dallas Doctor, 6 Others Arrested in $375M Health Care Fraud Scheme
Mar 1 2012 // A physician and the office manager of his medical practice, along with five owners of home health agencies, were arrested today on charges related to their alleged participation in a nearly $375 million health care fraud...
N.Y. Prosecutors Say Fraud Scheme Was Largest of Its Kind in History
Mar 1 2012 // Authorities are describing the takedown of a massive auto insurance fraud ring in New York the largest of its kind involving New York’s no-fault law. The fraud scheme involved 10 licensed medical doctors, three...
Dozens Charged in Massive Insurance Fraud Scheme in New York
Feb 29 2012 // Federal and local authorities in New York unveiled charges today against 36 defendants — including 10 doctors and three attorneys — allegedly involved in a systematic scheme to defraud auto insurance companies...
Crime Prevention Campaign Joins Forces With Another Texas Town
Feb 29 2012 // The Insurance Council of Texas (ICT) has joined with the Grand Prairie Police Department in a crime prevention campaign aimed at preventing auto thefts and auto burglaries. The program involves the funding and distribution...
Colorado May Criminalize Withholding Wages
Feb 29 2012 // Withholding wages from an employee could become criminal in Colorado under a bill being debated at the state Legislature. A House committee will consider a “wage theft” bill Tuesday. The bill would make it...
North Carolina Lawmakers Look to Tackle Copper Theft
Feb 29 2012 // Lawmakers in western North Carolina are looking to make it tougher for copper thieves to sell scrap metal, and they’re getting creative about how to get it done. The News Herald of Morganton reported that state Rep....
