Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
New Hampshire Governor Wants Worker Charged with Fraud Suspended
Feb 20 2009 // New Hampshire Gov. John Lynch is calling for a state worker to be suspended after she pleaded guilty to insurance fraud in a previous job. Raye Ellen Douville is scheduled to be sentenced for insurance fraud in April after...
New York State Insurance Fund: Anti-Fraud Efforts Saved $20.7M
Feb 19 2009 // New York State insurance Fund (NYSIF) Executive Director David P. Wehner said the NYSIF’s 2008 fraud prevention program accounted for more than $20 million in total savings — a record amount exceeding all prior...
Ex-Georgia Pastor, Son Face Arson, Insurance Fraud Charges
Feb 13 2009 // A former Barrow County pastor and his son have been charged with arson for setting fire to a church three years ago. Barrow County sheriff’s deputies arrested 49-year-old Quincy Arnold of Lawrenceville Tuesday....
UK’s Serious Fraud Office to Probe AIG Financial Products Unit
Feb 12 2009 // Britain’s Serious Fraud Office (SFO) has launched a preliminary inquiry into suspected irregularities at a British subsidiary of American International Group Inc., the SFO said on Thursday. The SFO said its probe...
Former Iowa Insurance Agent Pleads Guilty to $1 Million Fraud
Feb 11 2009 // A former Iowa insurance agent accused of siphoning more than $1 million from clients has pleaded guilty to federal charges. Jack Straw pleaded guilty to four counts of wire fraud and one count each of mail fraud,...
Australia Police Declare Bushfire Disaster a ‘Crime Scene’
Feb 10 2009 // Australian police treated the country’s entire bushfire disaster zone as a crime scene on Tuesday as investigators combed through a blackened wasteland to find clues to the culprits behind the country’s...
Identity Theft On the Rise But Costs per Incident Fall Sharply, Report Finds
Feb 10 2009 // The number of Americans ensnared by identity theft is on the rise, but victims are striking back more quickly and limiting how much is stolen. In 2008, the number of identity theft cases jumped 22 percent to 9.9 million,...
G4S, National Unity Form Anti-Fraud Partnership
Feb 6 2009 // North Carolina-based G4S Compliance & Investigations has formed partnership with National Unity Insurance Company, a Texas-headquartered company specializing in providing liability insurance for Mexican private and...
Louisiana Agents Accused of Fraud, Theft, Pocketing Premiums
Feb 6 2009 // In two separate instances, Louisiana insurance agents recently have been accused of fraud and misappropriating premiums. In one case, the Louisiana Department of Insurance Fraud Section Investigators served Tamara Celeste...
Two Florida Insurance Scam Artists Lose Mail Fraud Appeal
Feb 5 2009 // Two men sentenced to federal prison for cheating investors out of more than $100 million in an insurance scheme have failed to convince an appeals court that they were unfairly convicted of mail fraud. The 11th U.S....
Ex-Louisiana Insurance CEO Pleads Not Guilty to Theft
Feb 4 2009 // The former chief of Louisiana’s state-backed insurance company has pleaded not guilty in a criminal case that accuses him of fraudulently spending the firm’s money for personal travel and entertainment. Terry...
2008 Insurance Fraud Hall of Shame
Feb 3 2009 // A serial home arsonist, an elected judge who made phony auto injury claims, and dentists who did worthless root canals on children were among the nine swindlers elected to the Insurance Hall of Shame. The Coalition Against...
Maryland to Join National System to Prevent Auto Fraud
Feb 3 2009 // The U.S. Department of Justice says Maryland must soon implement a national computer system that warns buyers if a vehicle was stolen or previously damaged. Officials say the National Motor Vehicle Title Information System...
National Auto Fraud, Theft Prevention System Set to Go Live
Jan 29 2009 // The nation will soon have a new online computer system to help protect states and consumers from automobile fraud and to provide law enforcement with new tools to investigate fraud, theft, and other crimes involving...
California Reduces Licensing Fee for Insurance Agents, Brokers, Adjusters
Jan 28 2009 // California Insurance Commissioner Steve Poizner announced a number of fee reductions resulting in $10.3 million in annual savings, including a 6 percent fee reduction for more than 300,000 licensed insurance agents,...
Former AIG Vice President Sentenced to 4 Years for Reinsurance Scheme
Jan 28 2009 // The former vice president of reinsurance of American International Group Inc. (AIG) has been sentenced to four years in prison for his role in a fraudulent scheme to manipulate AIG’s financial statements, according...
Massachusetts Man Gets 9 Months for Insurance Fraud
Jan 28 2009 // A man authorities say participated in a series of staged auto accidents in Lawrence in an effort to defraud insurers has been sentenced to nine months in prison. Leo Lopez was also also ordered Monday to pay nearly $56,000...
Insurance in Times of Financial Crisis
Jan 28 2009 // The current financial crisis affects almost every aspect of our business life. That includes insurance. Businesses need to be wise consumers and aware of the legal issues covered by their coverages. Let’s take a look...
Ohio Workers’ Comp Bureau Worker Caught in Time Theft Probe
Jan 28 2009 // A state agency is reviewing the way it tracks how employees use the Internet after a report concluded that a worker remained undetected for years as he alternately viewed pornographic Web sites and did work for his...
Alabama Judge Upholds Chemist’s $192 Million Award in Patent Theft Case
Jan 26 2009 // Global chemical giant Ineos Phenol, stung by a $192 million jury verdict, has denied stealing a hazardous waste recycling idea from a Mobile chemist and said it would appeal a judge’s order upholding the...
