Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Insurance Fraud Trial of Indiana Doctor Moved to South Bend
Oct 26 2011 // The health care fraud trial of a northwestern Indiana nose surgeon captured in Italy after more than five years on the run is now set for South Bend. The Times of Munster reports U.S. District Judge Philip Simon issued a...
Mass. Businessman to Appear in Court to Face Insurance Fraud Charges
Oct 26 2011 // A Peabody, Mass., business owner who was indicted for allegedly collecting tens of thousands of dollars in fraudulent claims will be at a criminal case court hearing this Friday. Robert Giller, age 52, was indicted in...
South Dakota Deputy, a Former Insurance Agent, Indicted on 4 Counts of Grand Theft
Oct 24 2011 // A Minnehaha County, South Dakota, grand jury has indicted a Douglas County Sheriff’s deputy on four counts of grand theft. Court documents say that while licensed as an insurance producer, 41-year-old Rob Hotchkiss...
D.C. Regulators Say Social Networking Fraud Is A Growing Threat
Oct 21 2011 // The Washington, D.C., Department of Insurance, Securities and Banking is advising consumers to be mindful of con artists who lurk in the virtual shadows in online social networking sites. People should make sure they know...
AIG Fraud Suit Against Bank of America Won’t Be Moved to State Court
Oct 21 2011 // A federal judge rejected American International Group Inc.’s request to move its $10 billion mortgage fraud lawsuit against Bank of America Corp. back to a New York state court, where AIG believed the case...
Pennsylvania Agent Accused of Stealing $255K From Clients
Oct 21 2011 // A Berks County, Pennsylvania, resident has been charged with theft of more than $255,000 in insurance premiums from clients. The charges were brought against Joseph Maurer, 58, who owned and operated Commonwealth...
Kentucky Lawmaker Looks to Curb Copper Thefts
Oct 20 2011 // Kentucky Republican state Rep. Bill Farmer of Lexington is planning to push a legislative measure that would impose new rules regarding the sale of scrap copper to try to cut down on thefts. Farmer said businesses and even...
N.J. Insurance Agent Indicted for Allegedly Stealing $176K
Oct 20 2011 // A Camden County, New Jersey, insurance agent was indicted for allegedly stealing more than $172,000 from insurance purchasers and for allegedly failing to remit insurance premiums worth over $3,200. The indictment was...
N.J. Man Indicted for Allegedly Submitting False Claim Worth $24K
Oct 19 2011 // A Monmouth County, New Jersey, resident has been indicted for allegedly submitting a forged receipt in support of an insurance claim in an attempt to collect more than $24,000 to which he was not entitled. The indictment...
Plastics Industry Also at Risk for Metal Theft in UK: MMA Insurance
Oct 19 2011 // The plastics industry is now a target for the growing market of metal theft, according to one UK insurer. MMA Insurance is warning that the plastics sector is now at risk as thieves are now targeting the brass tooling and...
Global Retail Theft Up 6.6% in Past Year
Oct 19 2011 // Shoplifting, employee theft and organized crime cost the global retail industry $119 billion in the 12 months ended in June, up 6.6 percent from a year earlier, according to survey results released Tuesday. A sluggish...
Predictive Analytics Being Used to Manage Agencies, Curb Fraud
Oct 17 2011 // Earlier this year, experts at WallStreet & Technology (wallstreetandtech.com) identified predictive analytics and cloud computing as two of six hot technologies that will transform the insurance industry in 2011 and...
One Frustrated Florida County Decides to Tackle Auto Insurance Fraud On Its Own
Oct 17 2011 // One county in Florida has decided not to wait on state lawmakers’ promise to address the insurance fraud and fix the state’s automobile no-fault law. It has passed its own ordinance to crack down on fraudulent...
New York Officially Combines Regulatory Agencies
Oct 17 2011 // New York Department of Financial Services, the new department that combines the state’s insurance and banking regulators, was officially launched on Monday, Oct. 3. Financial Services Superintendent Benjamin Lawsky...
Ex-FEMA Employee Offered Plea Deal in Katrina Fraud Case
Oct 13 2011 // A former FEMA employee has been offered a plea deal that would resolve charges he helped a government contractor fraudulently obtain a $100 million contract for maintaining thousands of government-issued shelters in...
In Few Years, Social Network Data May Be Used in Underwriting
Oct 13 2011 // The insurance industry is paying increasing attention to what people and businesses post on social networking sites like Facebook, Twitter and LinkedIn. Already, scouring Facebook and other social network pages of the...
Court Delays Sentencing in Rhode Island Insurance Fraud Case
Oct 7 2011 // A federal judge has delayed the sentencing date for the only defendant waiting to learn his punishment for his role in a $40,000 home insurance fraud case in Rhode Island. The sentencing hearing for Vincent DiPaolo was...
Texas Insurer in New York Boat Accident Pleads Guilty to Fraud
Oct 7 2011 // A Houston man has pleaded guilty to a charge related to selling fraudulent insurance policies, including one to a company that owned a tour boat which capsized in a New York lake in 2005, killing 20 tourists. Federal...
Northern California Insurance Fraud Ring Busted
Oct 5 2011 // Multiple suspects in an insurance fraud ring have been arrested as a result of indictments handed down by a Contra Costa County Grand Jury, it was announced on Wednesday. The arrests are a result of a two-year...
California D.A.s Get $23M in Grants to Battle Auto Insurance Fraud
Oct 4 2011 // Maria Ramirez’ job heading the battle against automobile fraud in the state’s most populous county is tough enough. But her division is “operating on fumes” amid a rise in that type of crime and...
