Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
The ‘Red Flag’ That Isn’t There
Apr 5 2004 // Starting from an early age, I was always interested in the subject of magic. I would watch the great magicians of the day, read books about Houdini and others, and haunt my local magic shop on Saturday afternoons. It...
Commercial Property, Liability, Crime
Apr 5 2004 // Nuts & Bolts: The Chubb Group of Insurance Companies has updated its Customarq Classic property policy. Chubb’s Customarq Classic offers U.S. and Canadian commercial customers a choice of monoline property...
Former Nev. Businessman Sentenced
Apr 5 2004 // Attorney General Brian Sandoval announced that Tye Fortuna, 31, of Big Fork, Mont., was sentenced recently by Judge Michael R. Griffin in the Carson City District Courthouse after pleading guilty to felony insurance...
State Fund Awarded $800,000 in Fraud Case
Apr 5 2004 // State Compensation Insurance Fund will collect $800,000 in restitution from two former owners of a San Diego County-based construction company. The award followed their guilty plea on felony workers’ compensation...
Calif. Attorney Sentenced in Fraud Ring
Apr 5 2004 // A five-year undercover investigation into a staged auto collision ring came to a conclusion recently with the sentencing of the final attorney implicated by the joint efforts of the California Department of Insurance (CDI)...
Fla. Arrests Four for Identity Theft, Racketeering; Final Tally Could Surpass $1 Million
Apr 5 2004 // Florida Attorney General Charlie Crist and Kissimmee Police Chief Mark Weimer announced the arrests of four individuals following an investigation into an identity theft ring. Michael Townsend and Gregory Gaffney, both of...
IBC to Focus on Auto Theft, Organized Crime
Apr 2 2004 // The Insurance Bureau of Canada has announced plans to concentrate its investigative efforts exclusively on auto theft and organized crime, and has therefore discontinued investigations of individual claims as of April...
Former Ky. State Policeman Found Guilty on Charges of Workers’ Comp Fraud
Apr 1 2004 // West Virginia Workers’ Compensation Commission Executive Director Gregory Burton announced that a former Kentucky state police officer has been convicted in Kanawha County Circuit Court of felony workers’...
Dozens Arrested for Auto Body Insurance Fraud in Northern California
Apr 1 2004 // A multi-agency enforcement unit conducted a sweep April 1 that has to date resulted in the arrests of 27 suspects following a year-long undercover investigation into auto body insurance fraud. Warrants were issued by the...
Mass. Charges 5 Chiropractors with Insurance Fraud
Mar 31 2004 // Editor’s note: Proceedings against Dr. Deidre Callanan of Holyoke have been dropped since this story first ran. The Massachusetts Board of Chiropractors has initiated separate disciplinary proceedings against five...
Nine “Insider Insurance” Conspirators Arrested in California
Mar 30 2004 // State Insurance Commissioner John Garamendi announced the arrests of nine suspects today by the California Urban Auto Fraud Task Force for embezzlement, conspiracy and tax evasion in connection with an...
Former N.Y. Arena Football Star Arrested on Workers’ Compensation Fraud in Calif.
Mar 30 2004 // Superintendent of Insurance Gregory V. Serio announced that Chris Perry, a former star on the Buffalo Destroyers arena football team, has been arrested in California on grand theft charges.Perry, who began collecting New...
Fla. Trio Make Jail Their New Home After Being Nabbed for $1.5 Million in Insurance Fraud
Mar 26 2004 // Chief Financial Officer Tom Gallagher and Attorney General Charlie Crist announced the arrests of three South Florida residents on charges that they defrauded Chubb Insurance Company with false claims netting more than...
Minn. Insurance Regulator Pushes for Fraud Unit
Mar 26 2004 // Minnesota Commerce Commissioner Glenn Wilson is attempting to get legislators to establish an insurance fraud prevention unit within his department, according to the Minneapolis Star-Tribune. A bill doing just that passed...
Mass. Man Sent to Jail for Workers’ Comp Fraud
Mar 26 2004 // A Hyannis, Massachusetts man has been found guilty and sentenced to jail for working as a laborer while collecting $7,000 in workers’ compensation benefits, Attorney General Tom Reilly announced. Mark Gomes, 39, of...
Louisiana Agent Arrested on Felony Theft Charges
Mar 26 2004 // The Louisiana Department of Insurance announced that a Mandeville, La., insurance producer (agent) was shut down and booked on charges of felony theft and insurance fraud involving misappropriation of premiums. Allen James...
Five Arrested in Fla. Scheme to Defraud Seniors
Mar 22 2004 // Florida Chief Financial Officer Tom Gallagher and Attorney General Charlie Crist announced the arrests of five south Florida residents on charges that they systematically defrauded hundreds of senior citizens in an...
Commercial Property, Liability, Crime
Mar 22 2004 // Nuts & Bolts: The Chubb Group of Insurance Companies has updated its Customarq Classic property policy. Chubb’s Customarq Classic offers U.S. and Canadian commercial customers a choice of monoline property...
SEGAL HIT WITH 11 MORE COUNTS OF FRAUD:
Mar 22 2004 // Michael Segal, the president and CEO of Chicago-based Near North National Group, was already under federal indictment for 17 counts of fraud and racketeering. Now federal prosecutors in the U.S. District Court of Northern...
Fla. CFO Promotes Legislation to Prevent ID Theft
Mar 22 2004 // Florida Chief Financial Officer Tom Gallagher on Monday unveiled a proposal to require financial institutions, brokerages, insurance companies and agencies to use greater care when they dispose of consumer records...
