Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
2 Sentenced for Insurance Fraud in West Virginia
May 2 2008 // West Virginia officials sentenced two McDowell County men after charging them with conspiracy to commit insurance fraud, according to West Virginia Insurance Commissioner, Jane L. Cline. Cline said Harold Patrick Estep,...
Tyco International to Pay N.J. $73M to Settle Securities Fraud
May 2 2008 // Tyco International Ltd. has agreed to pay New Jersey $73 million to resolve state charges of securities fraud. The state Attorney General’s office says that under the settlement agreement finalized Wednesday, Tyco...
Kentucky Public Safety Officials Concerned with Scrap Metal Thefts
Apr 30 2008 // A rash of sewer grate thefts around northern Kentucky has police worried about safety as scavengers seek scrap metal to sell. Thieves stole at least 26 sewer grates this month from streets in Newport, Covington, Fort...
Auto Fraud Suspect Arrested in California
Apr 29 2008 // A Desert Hot Springs, Calif., resident was arrested for allegedly defrauding his insurance company of $26,000, the California Department of Insurance reported. Robert Andrew Nelson, 44, was arrested in Cathedral City,...
Texas March Enforcement Actions Result in $130K in Fines, Restitution
Apr 29 2008 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during March include five license revocations, four license denials, and fines and restitution totaling $130,400. Copies of...
Alfa Insurance Offers Rewards in String of Alabama Copper Theft
Apr 29 2008 // As the theft of copper wiring and other valuable metals is growing, particularly throughout rural communities, Alabama-based Alfa Insurance is offering an additional $10,000 reward for information leading to a conviction...
West has Highest Vehicle Theft Rates
Apr 23 2008 //
Prosecutor: No Criminal Charges Filed in N. D. Workers’ Comp Agency Firings
Apr 23 2008 // A prosecutor has decided not to seek criminal charges for the firings of two North Dakota workers compensation agency employees, saying he does not believe he could prove they were victims of illegal retaliation. James...
Judge in Mississippi Rejects Fraud Claim against State Farm in Katrina Suit
Apr 23 2008 // A federal judge on Monday dismissed claims of fraud in a key Hurricane Katrina lawsuit that accused State Farm Fire & Casualty Co. of using different engineering reports to deny a Mississippi couple’s insurance...
Trio Arrested for International Auto Fraud
Apr 21 2008 // Three individuals were arrested in California for allegedly being involved in a five-person conspiracy that resulted in a vehicle owned by one of the conspirators driven to Mexico where it was taken apart so that its parts...
N.C. Man Charged With Fraud in Diamond Ring Claim
Apr 21 2008 // North Carolina officials arrested a Garner, N.C. man and charged him with one count of insurance fraud and one count of obtaining property by false pretense, according to Insurance Commissioner Jim Long. The charges filed...
La. State Senator Indicted in Relation to Insurance Fraud Case
Apr 21 2008 // A federal grand jury on April 10 indicted a Louisiana state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business. Derrick Shepherd, a lawyer from the New...
Nearly a Dozen Arrested for $2 Million Scam
Apr 21 2008 // Eleven alleged Bay Area fraud perpetrators were arrested on numerous felony counts including insurance fraud, identity theft, possession of stolen property and filing a false tax return. Wireless phone dealers, employees...
FBI: Dollar Loss From Internet Crime Reaches All-time High of $240 Million in 2007
Apr 21 2008 // Internet crimes in 2007 cost nearly $240 million, a $40 million increase from 2006, the Federal Bureau of Investigation reported. According to the FBI’s 2007 Internet Crime Report, the Internet Crime Complaint Center...
Man Who Fled to Georgia Sentenced for Workers’ Comp Fraud in Texas
Apr 18 2008 // Texas Mutual Insurance Company reported that a Travis County district court has sentenced a Los Fresnos, Texas, man on workers’ compensation fraud-related charges. The court sentenced Frank Tisdale to five...
Better Data Needed to Fight Cargo Thefts, Say Insurers, Law Enforcement
Apr 17 2008 // It’s like “Gone in 60 Seconds” with tractor trailers. Thieves steal billions of dollars of electronics, medicine, vehicles and other items from U.S. businesses each year by targeting trucks and other...
Missouri Supreme Court Upholds Felony Conviction
Apr 17 2008 // On April 15 the Missouri Supreme Court ruled in favor of a class D felony conviction of Bob Salter of St. Louis, Mo.. Salter was sentenced to one year in prison, fined $5,000 and was assigned an additional $25,000 penalty...
Fraud Investigation Leads Connecticut to Revoke Agent’s License
Apr 16 2008 // The Connecticut Insurance Department has revoked the license of a Middlesex County insurance agent who it says forged clients’ signatures and held thousands of dollars in payments in his own bank account. Those...
Mississippi Woman Jailed on Insurance Fraud Charge
Apr 14 2008 // A 43-year-old Gautier, Miss. woman has been arrested and charged with one count of insurance fraud, according to Attorney General Jim Hood. Hood said in a statement that Eva Pierce was arrested on April 8. Hood’s...
West Virginia Man Sentenced in Insurance Fraud Case
Apr 14 2008 // West Virginia officials sentenced a Kanawha County man on April 10 for a misdemeanor count of insurance fraud committed in 2006, according to West Virginia Insurance Commissioner, Jane L. Cline Meddie R. Dunlap, 56, of...
