Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Gen Re CEO May Face SEC Fraud Suit
Sep 9 2005 // Berkshire Hathaway Inc. announced that the Securities and Exchange Commission may file a civil fraud complaint against the chief executive, Joseph Brandon, of its General Re Corp. unit over a questionable insurance...
Wash. Man Sentenced for Defrauding L&I in Workers’ Comp Scam
Sep 9 2005 // Tracy Lee Owens of Sedro Woolley, Wash., has been sentenced to state prison for illegally collecting workers’ compensation wage-replacement benefits while working at another job. Owens, 42, was caught by Department...
Llorente Investigations to Manage Special Investigative Unit for Alaska National Insurance Company
Sep 8 2005 // Llorente Investigations, a Huntington Beach, Calif.-based investigation firm specializing in insurance fraud investigations, has announced it will provide the Special Investigative Unit (SIU) for Alaska National Insurance...
OneBeacon Offers ID Theft Coverage to Homeowners and Renters
Sep 7 2005 // To help its customers who become victims of theft of their personal information and face the hassle of restoring their identity, OneBeacon Insurance Group now offers identity theft resolution assistance and expense...
Ohio Agent Appeals Fraud Suspension
Sep 5 2005 // An Ohio insurance agent has appealed a five-year license suspension from the Ohio Department of Insurance for issuing fraudulent certificates to physicians who contracted for medical malpractice coverage. John Westhoven...
Malibu Man Charged with Grand Theft
Sep 5 2005 // A Malibu man who owned and operated various court reporting and translation services in La Canada-Flintridge and later in Malibu was caught allegedly submitting false invoices over five years totaling nearly $210,000 in...
Bay Area Agent/Broker Pleads Guilty
Sep 5 2005 // A former California insurance broker/agent faces up to 20 years in prison after pleading guilty in New York to conspiracy charges related to insurance fraud. The case stems from the findings of a joint investigation by the...
Miami PD Eliminates its Auto Theft Unit
Sep 5 2005 // Insurance agents in Miami and Dade County were dismayed to discover in late August that, “due to manpower shortages” the Miami Police Department disbanded its Auto Theft Unit. A PD spokesman told the Miami...
California Man Pleads Guilty
Sep 5 2005 // John Arcurio, of Fillmore, California, plead guilty June 22, to two felony counts of workers’ compensation fraud and insurance fraud. Arcurio was arrested in Kern County and transferred to the County of Ventura...
Mass. Auto Insurance Rates: How Low Will They Go for Next Year?
Sep 5 2005 // As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how negative...
Mass. Auto Insurance Rates: How Low Will They Go for Next Year?
Sep 5 2005 // As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how negative...
R&M Study on U.K. Identity Fraud
Sep 2 2005 // Dublin-based Research and Markets announced that they have added a study of U.K. Identity Fraud Insurance 2005 to their offering. “With increasing media attention being devoted to the issue of identity theft and the...
Mich. Dentist Charged in Scam
Sep 1 2005 // A Michigan dentist has been charged with 91 felony insurance fraud and drug charges, accused of fraudulently billing insurers for approximately $18,000 from December 2001 through January of this year. Dr. Thomas Endicott...
Former Okla. Poultry Worker Ordered to Pay Restitution in Fraud Case
Aug 29 2005 // A Jay, Okla., woman received a three-year deferred sentence and was ordered to pay $3,692.50 in restitution after pleading guilty in Delaware County District Court, state Attorney General Drew Edmondson said. Gregoria...
Five Tampa Clinic Owners Arrested for Patient Brokering
Aug 26 2005 // Five Tampa-area clinic owners have been arrested and a warrant issued for the arrest of a sixth owner for “selling” patients, most of whom were accident victims, to diagnostic facilities that then billed auto...
NICB ‘Hot Spots Report’ Shows Car Theft Decreased in Most of Southeast
Aug 25 2005 // Across the Southeast’s major metropolitan areas auto theft deceased dramatically in 2004, accompanied by a slight drop in auto theft nationally, according to the National Insurance Crime Bureau’s annual Hot...
Calif. Chiropractors Nabbed in Scam
Aug 25 2005 // California Insurance Commissioner John Garamendi on Thursday announced the arrests of an El Dorado County chiropractor and three Central Valley chiropractors on multiple felony counts, including insurance fraud. Joseph R....
NICB: Rise in S.C. Auto Thefts
Aug 24 2005 // There were more than 22,000 vehicles stolen in South Carolina in 2004 according to the National Insurance Crime Bureau, which reports that theft rates rose for the sixth year in a row. NICB reports the Florence, S.C....
Ohio BWC Unveils Fiscal Year 2005 Fraud Results
Aug 24 2005 // The Ohio Bureau of Workers’ Compensation’s (BWC’s) special investigations department concluded fiscal year 2005 by exceeding its goals for both identified savings and return on expenditures. The...
ACIC Says Calif. is Car Theft Capital
Aug 24 2005 // It’s not surprising that the National Insurance Crime Bureau ranks California as the car theft capital of the United States, according to Sam Sorich, president of the Association of California Insurance...
