Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Tennessee Homeowners Can Sue Home Appraiser for Fraud
Nov 9 2010 // Home appraisers who overestimate the value of homes may be liable for fraudulent misrepresentation, the Tennessee Supreme Court has ruled. The state’s high court has overruled an appellate court that had held that...
North Dakota Insurance Agent Accused of Theft
Nov 8 2010 // Bond has been set at $17,500 for a Minot, N.D., insurance agent facing a felony theft charge. State Insurance Commissioner Adam Hamm says 57-year-old Alan Henning allegedly stole more than $800,000 by obtaining...
North Dakota Agent Pleads Guilty to Insurance Fraud
Nov 5 2010 // An insurance agent has pleaded guilty to conning a Grand Forks real estate company into paying more than $64,000 for nonexistent home policies. Forty-four-year-old David Glessner of Grand Forks reached a plea agreement...
Travelers Enhances Identity Fraud Protection Coverage
Nov 3 2010 // Travelers has updated its Identity Fraud product to offer more protection against the most frequent problems identity fraud victims experience. The insurance product upgrades come at a time when the number of identity...
Be Fair to CSRs
Nov 1 2010 // Insurance customer service and claims representatives may not have realized it, but when they fail to do their jobs, they are contributing to the insurance fraud problem. According to a survey by Accenture, more than half...
Michigan Alleges $50 Million Fraud Involving 41 Agents
Nov 1 2010 // Michigan insurance officials say they have identified 41 out of a possible 76 American Benefit Concepts (ABC) insurance agents responsible for selling fraudulent investment products in several multi-million dollar...
Be Fair to CSRs
Nov 1 2010 // Insurance customer service and claims representatives may not have realized it, but when they fail to do their jobs, they are contributing to the insurance fraud problem. According to a survey by Accenture, more than half...
Massachusetts Prison Guard Accused of Workers’ Comp Fraud
Oct 29 2010 // A former Massachusetts prison guard has pleaded not guilty to charges that he ran long-distance races while collecting worker’s compensation for an on-the-job injury he said made it impossible to do strenuous...
Survey: Private Firms Expect Growth, Employee Theft and Data Breach
Oct 27 2010 // Nearly half (44 percent) of private company executives expect their firms will add jobs by year end, and more than half (54 percent) plan to expand product or service offerings. Another 12 percent of those same executives...
North Carolina Sisters Charged with Insurance Fraud
Oct 26 2010 // A pair of Durham, North Carolina sisters has been arrested for alleged insurance fraud, according to Insurance Commissioner Wayne Goodwin. Evelyn Lee Navarro, 31, has been charged with one count of embezzlement by an...
12 Arrested in Investigation of Louisiana Staged Crash Ring
Oct 22 2010 // Louisiana State Police reported that 12 people have been arrested as the result of a 2 1/2-year investigation by Region II Criminal Investigation Division, Insurance Fraud Unit/Auto Theft Unit – Monroe Field...
Ex-AIG Executive Indicted in New York Horse Farm Fraud
Oct 20 2010 // A former Deutsche Bank AG and American International Group Inc. managing director and her husband have been indicted for fraud for allegedly conspiring to illegally extract money from those companies to help run their...
Michigan Alleges $50 Million Fraud Involving 41 Agents
Oct 19 2010 // Michigan insurance officials say they have identified 41 out of a possible 76 American Benefit Concepts (ABC) insurance agents responsible for selling fraudulent investment products in several multi-million dollar...
Firms Lose More to Electronic Fraud than Physical Theft
Oct 18 2010 // Companies for the first time report they are losing more through electronic theft of data than physical stealing of assets, risk consultancy Kroll said on Monday in an annual report on international fraud trends. Fraud was...
Workers’ Comp Fraud Leads to Jail Time for Hatchery Owner
Oct 18 2010 // The owner of an upstate New York fish hatchery has been sentenced to 60 days in jail for worker’s comp fraud, the New York State Insurance Department said. Edward Panus, was also ordered to repay $4,500 in benefits...
Kentucky Auditor Clears League Over Workers’ Comp
Oct 18 2010 // Kentucky’s state auditor has found no fraud in the insurance buying practices of the Lexington-Fayette County Urban Government. Auditor Crit Luallen said her agency found no evidence to conclude that the city’s...
Be Fair to CSRs
Oct 18 2010 // Insurance customer service and claims representatives may not have realized it but when they fail to do their jobs, they are contributing to the insurance fraud problem. According to a survey by Accenture, more than half...
Be Fair to CSRs
Oct 18 2010 // Insurance customer service and claims representatives may not have realized it, but when they fail to do their jobs, they are contributing to the insurance fraud problem. According to a survey by Accenture, more than half...
Imprisoned New Jersey Woman Indicted for Auto Insurance Fraud
Oct 15 2010 // New Jersey prosecutors say a woman who is currently serving a five-year sentence for insurance fraud and identity theft has been indicted in a separate insurance fraud scheme to steal over $8,000 from Liberty...
29 Arrested in Las Vegas Theft Case
Oct 15 2010 // Las Vegas police say 29 people have been nabbed in a year-long undercover operation aimed at disrupting trafficking in stolen vehicles, firearms and personal identification documents. Police said Tuesday that 10 more...
