Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Delaware Sub Shop Owner Faces Fraud Charges in New York
Dec 17 2009 // A former New York State Corrections officer who reportedly owned two Delaware sandwich shops surrendered to authorities in New York last week to face workers’ compensation fraud charges initiated by the New York...
New York Insurance Anti-Fraud Group Honors YouTube Contest Winners
Dec 16 2009 // The New York Alliance Against Insurance Fraud honored its YouTube video contest winners at the its recent annual meeting. A group of SUNY Cortland students took the top honor. John Passmore of Horseheads, N.Y.; Teresa...
Charges Against Arrested Kentucky Mayor Include Insurance Fraud
Dec 14 2009 // The mayor of Mount Vernon, Kentucy was arrested after a grand jury indicted her on charges of abuse of public trust, bribery of a public servant, insurance fraud and official misconduct. Clarice Kirby has been under...
New Requirements Drive Need for Surety Bonds in Texas and Arkansas
Dec 14 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. Brokers in both states are working to stay on top of the new mandates....
New York Officials Sue Workers’ Compensation Trust Manager CRM
Dec 11 2009 // Insurance administrator CRM Holdings is being sued for $405 million by New York’s workers compensation board and faces a separate $150 million lawsuit by the state attorney general over its alleged fraud in the...
Louisiana Agent Accused of Pocketing Premiums, Forgery
Dec 10 2009 // A St. Bernard Parish, La., agent has been arrested by the Louisiana State Police Insurance Fraud/Auto Theft Unit and served by Department of Insurance Fraud Section Investigators with a cease and desist order, summary...
Mississippi Attorney General to Target Intellectual Property Theft
Dec 10 2009 // Those behind the sophisticated computer software in Mississippi and elsewhere that tracks down child predators on the Internet are now targeting people who illegally download music and movies. “The good guys are...
S. California Agent Sentenced in Workers’ Comp Theft Case
Dec 8 2009 // Randy Jay Barrett, 41, of Canoga Park was sentenced to 240 days in jail and five years probation after pleading guilty to one count of felony grand theft. Barrett was also ordered to make restitution to his victim and a...
Fraudulent Claims from Hailstorm on the Rise in El Paso
Dec 7 2009 // That fraudulent insurance claims related to a severe hailstorm that hit the city of El Paso, Texas, on Sept. 16 are on the rise comes as no surprise to Ray Niblett. Niblett, an investigator for the National Insurance Crime...
California Agent Guilty of $48,207 Theft from Clients
Dec 7 2009 // Insurance agency owner Craig Randall, 52, of Porter Ranch has been found guilty of 13 counts of theft of funds by a broker or agent, two counts of forgery, one count of attempted theft of funds and one count of attempting...
Southern-California Man Sentenced for Pet Insurance Theft
Dec 7 2009 // A Southern California accountant has been sentenced to 12 years in prison for stealing more than $2 million from a pet insurance company. Stephen Anthony Frlekin of El Segundo pleaded guilty in a Santa Ana courtroom Friday...
New York Regulator Proposes Changes to No-Fault Insurance Coverage
Dec 6 2009 // The New York State Insurance Department is proposing new regulations for no-fault auto insurance coverage in the Empire State, in a move aimed at reducing fraud. “We have to be vigilant in protecting the pocketbooks...
SEC Charges Hurricane Restoration Company and Execs in Alleged Fraud
Dec 3 2009 // A Dallas and New Orleans-based hurricane restoration company that has been subject to numerous lawsuits since Hurricane Katrina, and several of the company’s executives, have been charged by the Securities and...
Supreme Court to Decide Reach of Securities Law Outside U.S.
Nov 30 2009 // The Supreme Court said Monday it would decide when U.S. laws against securities fraud apply to transnational securities dealings, specifically involving a case about a shareholder lawsuit against National Australia Bank...
New York Regulator Proposes Changes to No-Fault Insurance Coverage
Nov 25 2009 // The New York State Insurance Department is proposing new regulations for no-fault auto insurance coverage in Empire State, in a move the state’s top regulator says will help reduce fraud. “We have to be...
‘Economic Downturns’ Make Frauds, Scams More Likely Lloyd’s Warns
Nov 17 2009 // “Economic downturns are often linked to increases in fraud and crime,” notes an article on the Lloyd’s web site (www.lloyds.com). “In desperate times people are said to be more likely to turn to...
New York Insurers Say No-Fault Claims Are Driving Up Costs
Nov 15 2009 // No-fault payments for medical claims by auto accident victims in New York have seen a dramatic increase over the last several years, one industry group says, and the state and insurers must redouble efforts to root out...
Southern California Agents Pleads to Fraud
Nov 12 2009 // California Insurance Commissioner Steve Poizner today announced that Edwin A. Flores, 33, of Long Beach pled guilty to one count of misdemeanor grand theft and was sentenced Nov. 5 to two years probation, 120 hours of...
Utah Official Pleads to Health Insurance Fraud
Nov 11 2009 // The former commissioner of the Utah Department of Public Safety on Monday entered a conditional guilty plea to two third-degree felony charges of falsely obtaining a prescription and to a misdemeanor count of filing a...
New York Insurers Say No-Fault Claims are Driving Up Costs
Nov 6 2009 // No-fault payments for medical claims by auto accident victims in New York have seen a dramatic increase over the last several years, one industry group says, and the state and insurance companies need to redouble efforts...
