Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Former Calif. life insurance agent convicted for faulty notes
Apr 17 2006 // Fraud Roundup California Insurance Commissioner John Garamendi announced the conviction of former life insurance agent Bassem Btadini, 51, also known as Bob Btadini. Btadini entered a no contest plea and was convicted of...
Stolen Fidelity laptop computer held sensitive data on retirement accounts
Apr 17 2006 // A laptop computer belonging to Fidelity Investments and containing sensitive data on about 196,000 retirement-account customers was stolen, the company said. The nation’s largest mutual-fund manager confirmed reports...
•Doron M. Rotman, audit and RAS managing director for Information Risk Management; and
Apr 17 2006 // The participants included: •Scott B. Moritz, director of KPMG Forensic; •Hugh C. Kelly, principal of Financial Risk Management; •Joanna Taylor, senior associate for Financial Risk Management; •Linda...
Professional Football Player Indicted in Texas for Workers’ Comp Fraud
Apr 14 2006 // Texas Mutual Insurance Company reported that the Lubbock County grand jury indicted Shaheed Richardson on workers’ compensation fraud-related charges. Richardson allegedly collected $1,534 in workers’...
Orlando, Fla. Police Officers, Co-Conspirators Charged with Title Fraud
Apr 14 2006 // Criminal fraud charges have been filed against two Orlando, Fla. police officers, a towing company operator and a car dealer for their roles in a scheme to title Mack trucks so they could be resold at higher prices,...
Ill. Mom, Son Duo Destroy Family Car in Insurance Fraud Scam
Apr 13 2006 // An Orland Park, Ill. mother and her 19-year-old son are accused of destroying a family car then reporting it stolen to collect insurance money. Janet L. Hurta, 50, was charged with felony insurance fraud, police said. Her...
California Resident Arrested for Grand Theft and Forgery
Apr 12 2006 // The California Department of Insurance (CDI) announced the arrest of Andrew John Hulit, 33, of Simi Valley. He was arrested last week at his place of employment, Century List Service in Agoura, by the Department of...
Univ. of Central Okla. Insurance Coordinator Charged with Comp Fraud
Apr 12 2006 // The University of Central Oklahoma’s (UCO) Risk and Insurance Coordinator was charged in Oklahoma County District Court with five felony counts of workers’ compensation fraud, the state attorney general’s...
California Woman Arrested for Auto Insurance Fraud
Apr 12 2006 // California Insurance Commissioner John Garamendi announced the arrest of Charleen Smith, 37, for automobile insurance fraud after an investigation by the California Department of Insurance (CDI). Smith, who was involved in...
N.H. Gets Full Time Insurance Fraud Prosecutor
Apr 11 2006 // Catherine Tucker has been appointed insurance fraud prosecutor for New Hampshire, the Attorney General’s office announced. Tucker’s appointment represents a commitment between the state Insurance and Justice...
N.Y. Arrests Oneonta Tire Store Owner on Arson Charges
Apr 11 2006 // A 38-year-old Oneonta, New York businessman has been arrested on charges of insurance fraud and arson related to a fire that occurred at Monser Brothers Tire Sales, Inc. in Oneonta, in August 2002. Jeffrey Gelbsman, 38, of...
Calif. Corrections Sergeant Arrested for Workers’ Comp Fraud
Apr 7 2006 // California Insurance Commissioner John Garamendi announced the arrest of Sacramento resident and California Department of Corrections and Rehabilitation Correctional Sergeant Steven Michael Shadden, 32, on April 4, 2006,...
Licensed La. Bail Bond Business Owner, Employee Arrested
Apr 6 2006 // A licensed Monroe, La., bail bond producer has been arrested and issued a cease and desist order for allegedly allowing an unlicensed employee to write and sign bail bonds on behalf of the producer’s business, the...
Calif. Theft; Fraud Suspects Surrender
Apr 5 2006 // Insurance Commissioner John Garamendi announced the surrender of Wanda Cleveland, 49, Willie Cleveland, 50 (husband and wife) from Whittier; Farrell Cobbs, 42, of Victorville and his brother Wade Cobbs III, 44, of Los...
Maryland Man Sentenced to 10 Years for Auto Insurance Fraud, AG Reports
Apr 4 2006 // A Gaithersburg man has been sentenced in the Circuit Court for Montgomery County after having pleaded guilty to felony insurance fraud last October, according to Maryland Attorney General J. Joseph Curran, Jr. The...
MAINE ADOPTS ID THEFT LAW
Apr 3 2006 // Maine Gov. John Baldacci has signed a law that clarifies the process of cleaning up credit reports of people who become identity theft victims. The law takes effect later this year. Rep. Carol Grose’s clarifies that...
KAN. AND MO. LEGISLATURES CONSIDER PROPOSALS TARGETING INSURANCE FRAUD
Apr 3 2006 // The Coalition Against Insurance Fraud is reporting that the Kansas and Missouri legislatures are considering proposals that would require insurers to report suspected frauds and allow the insurance department to issue...
Washington Legislature moves quickly in election year
Apr 3 2006 // Washington’s legislature wrapped up a short session in March, addressing its budgets and tackling “many controversial issues,” including Columbia River water, medical malpractice and gay rights, according...
Maine adopts ID theft law
Apr 3 2006 // Maine Gov. John Baldacci has signed a law that clarifies the process of cleaning up credit reports of people who become identity theft victims. The law takes effect later this year. Rep. Carol Grose’s clarifies that...
Liberty Mutualsuccessfully argued that the ‘clear and convincing
Apr 3 2006 // evidence’ standard is not required under N.J.’s fraud law. News Currents N.J. Supreme Court lowers bar for proving customer fraud The New Jersey Supreme Court has set an easier standard of proof for an...
