Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
FBI Targets Insurers in Widening Fraud Probe; Industry Responds
May 5 2005 // The insurance industry, already under scrutiny by state and federal authorities for various practices, now faces another questioner. The Federal Bureau of Investigation has launched a probe of the insurance industry that...
Calif. Broker Arrested on Seven Counts of Grand Theft
May 4 2005 // Insurance broker Robert Stephen Rice, 56, was arrested on seven felony counts of grand theft at his home in Thousand Oaks, Calif., by the California Department of Insurance (CDI) Fraud Division. The arrest is the result of...
Former Claims Adjuster Arraigned on Grand Theft, Forgery Charges
May 4 2005 // A former American Financial Group claims adjuster/litigation specialist was arrested April 27 and charged with embezzling his employer out of more than $490,000 during his employment in the Los Angeles area office between...
Nationwide’s New Identity Theft Policy Also Available Through Independent Agents
May 2 2005 // Columbus, Ohio-based exclusive-agent carrier Nationwide Insurance announced that its new identity theft policy will also be available through independent agents appointed with Nationwide subsidiary Allied...
Former La. Producer Told to Cease and Desist
Apr 29 2005 // A former Louisiana insurance producer in Tangipahoa Parish was arrested and issued a cease and desist order for allegedly misappropriating insurance funds, Commissioner of Insurance Robert Wooley announced. Department of...
Suspects Arrested in Alleged Car Theft Ring in California
Apr 28 2005 // Ten Thai nationals were arrested in California for allegedly participating in a car theft ring that caused $10 million (euro7.7 million) in losses to dealerships and insurances, police said. The suspects were arrested for...
State Fund Assists Investigation of San Diego Chiropractor Sentenced for Workers’ Comp Fraud
Apr 26 2005 // A San Diego chiropractor — who was charged with billing State Compensation Insurance Fund for treatment that was not rendered to injured workers and over billed for services — was ordered to surrender her...
N.J. Agency Target of Fraud Investigation
Apr 26 2005 // Vaughn McKoy, director, New Jersey Division of Criminal Justice and Insurance Fraud Prosecutor Greta Gooden-Brown have issued an alert asking Cumberland County residents who may have purchased insurance through the...
Fla. Congressmen Appalled: Investigations Reveal Some FEMA Inspectors Had Criminal Records
Apr 25 2005 // Florida members of Congress said Sunday they were appalled by revelations that some Federal Emergency Management Agency housing inspectors had criminal records. “There is just simply no excuse for this,” said...
N.J. Man Gets Ride to Jail for Auto Scam
Apr 25 2005 // New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Middlesex County man has been sentenced to prison for his role in an automobile “give up” fraud. According to McKoy and Insurance...
Neb. Man Sentenced for Aiding Friend’s Fraud Scheme
Apr 21 2005 // Jerry D. Brunow, the lesser half of a Washington County, Neb. insurance fraud duo was recently sentenced to two years probation during court proceedings April 5, according to the Blair Pilot-Tribune. Brunow, 29, was...
IIABNJ Holds Spring Fling for Industry Professionals
Apr 21 2005 // The Independent Insurance Agents and Brokers of New Jersey are preparing to hold the Annual Spring Fling for Continuing Education, May 17-18, at the Sheraton Hotel in Eatontown, N.J. Insurance professionals will have a...
N.J. Doc, Niece Keep Insurance Fraud a Family Matter
Apr 20 2005 // Vaughn McKoy, New Jersey director, Division of Criminal Justice, announced that an Essex County doctor and his niece have been ordered to pay more than $30,000 in restitution and fines after pleading guilty to multiple...
Identity Crisis: Coping With Today’s ID Thievery
Apr 18 2005 // Insurance, Recovery Services and Preventive Measures One in 23 adults can expect to be victimized this year by identity thieves, at a cost to Americans of more than $50 billion. That’s according to the 2005 Identity...
Highway Patrol: Hazardous Cargo Haulers Face Criminal Background Checks
Apr 18 2005 // Up Until Now Trucking Firms Performed the Checks But the FBI is Taking Over the Job The truck drivers who haul cargo labeled as flammable, combustible, radioactive or poisonous are now going to be scrutinized as closely as...
COURT UPHOLDS FRAUD RULE:
Apr 18 2005 // The New York Court of Appeals has upheld the right of an insurance company to refuse to reimburse fraudulently incorporated medical providers for no-fault auto insurance claims even when the medical care provided is...
DENN TACKLES AUTO FRAUD:
Apr 18 2005 // Delaware Insurance Commissioner Matt Denn has initiated several policy changes in the way auto insurance fraud cases are handled. He said that hearings for auto insurance fraud will now take place in public. Fines for...
Tougher Laws Key to Fight Against Insurance Fraud
Apr 18 2005 // How do you convince overworked state prosecutors to chase down often stale-sounding insurance swindles when their case files already are bulging with high-profile crimes such as drugs, robbery and murder? Insurance-fraud...
AGENT CHARGED WITH POCKETING PAYMENTS
Apr 18 2005 // A Lake Charles, La., insurance agent (producer) was arrested and issued a cease and desist order, along with a summary suspension of his license, on charges of submitting fraudulent damage repair claims and pocketing the...
CE CREDIT SCAM INVOLVES AGENTS
Apr 18 2005 // Louisiana Attorney General Charles C. Foti, Jr. announced that Leo Vincent Jacob of Covington, La., has pled guilty to six counts of filing false public records in a criminal scheme that involved hundreds of insurance...
