Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
Three Members of $31.7M New York City Trip-And-Fall Scheme Sentenced to Prison
May 26 2020 // Three members of a $31.7 million trip-and-fall scheme to defraud New York City businesses and their insurance companies have been sentenced to prison. Bryan Duncan, Robert Locust and Ryan Rainford were sentenced by U.S....
Homeland Security Intelligence Officer Glawe Named CEO of Insurance Crime Bureau
May 12 2020 // The National Insurance Crime Bureau’s (NICB) announced that David Glawe has been appointed as the new president and chief executive officer of the insurance fraud-fighting organization. Since 2017, Glawe served as...
Maryland Insurance Administration Warns Against COVID-19 Insurance Scams
May 4 2020 // Maryland Insurance Commissioner Al Redmer Jr. has warned consumers to watch for insurance scams related to the COVID-19 pandemic. Reports of pandemic-related fraud are increasing around the country, according to a press...
Man Arrested, Charged with Hate Crime in Missouri Islamic Center Arson
May 1 2020 // Prosecutors have charged a 42-year-old man accused of setting fire to a Missouri mosque on April 24 with a hate crime and other counts. Nicholas Proffitt, who spent time in prison for defacing the Islamic Center of Cape...
Federal, State Prosecutors Form Delaware COVID-19 Anti-Fraud Coalition
Apr 29 2020 // United States Attorney David C. Weiss and Delaware Attorney General Kathleen Jennings have announced the formation of a new Coronavirus (COVID-19) Anti-Fraud Coalition, aimed at better protecting the citizens of Delaware...
New York Charges Mallinckrodt with Insurance Fraud Over Opioid Claims
Apr 23 2020 // New York state brought civil charges on Tuesday accusing Mallinckrodt Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading to medically unnecessary prescriptions. Governor Andrew...
UniCredit Hackers Try to Sell Employee Data on Cyber-Crime Forums
Apr 21 2020 // Data on about 3,000 UniCredit SpA employees was put up for sale on cyber-crime forums after a hacking attack. The data went on sale on April 19 and contained what the hacker said was information on UniCredit workers,...
Preventing Losses Due to Growing Cyber Crime During the Coronavirus Crisis
Apr 15 2020 // Powered by InsuranceJournal.tv The insurance industry needs to spend time educating clients on how to best protect themselves as cyber criminals continue to capitalize on new vulnerabilities in the wake of the COVID-19...
Cyber Criminals Increasingly Will Target Top Executives in Ransomware Attacks: Report
Apr 14 2020 // Senior executives increasingly will be targeted by cyber criminals looking for ways to steal money from large corporations, according to a report from cyber analytics provider CyberCube. Organized criminals and hackers are...
Van Gogh Theft Focuses Attention on Empty Museums’ Security During COVID-19 Crisis
Apr 8 2020 // The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil...
Allstate to Forgive 15% of Monthly Auto Premiums, Provide Free ID Theft Coverage
Apr 6 2020 // Insurance carriers are continuing to step forward with offers of help for customers and communities affected by the coronavirus crisis. Allstate announced that its Allstate, Esurance and Encompass personal auto insurance...
PG&E to Use California Wildfire Victims Fund to Pay for Past Crimes
Mar 30 2020 // Pacific Gas & Electric is warning its elaborate plan for getting out of bankruptcy might collapse if the utility can’t pay for its crimes in a deadly Northern California wildfire by taking money away from a fund...
New York City Subway Driver Killed in Fire Being Investigated as Crime
Mar 30 2020 // A New York City subway driver was killed and several other people were injured early Friday in a fire on a train that is being investigated as a crime, officials said. Fires were reported at three other stations nearby at...
UK, U.S. Banks and Regulators Warn of Wave of Coronavirus Scams
Mar 25 2020 // UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, including fake sales of medical supplies and bogus...
Georgia Adjuster Accused of Stealing $215K from Business Affected by Hurricane Michael
Mar 25 2020 // An insurance adjuster was charged with stealing more than $215,000 in insurance money from a Georgia business damaged by Hurricane Michael, authorities said. Steven Eric Chastain is accused of stealing insurance checks...
West Virginia Couple Get 3 Years in Renter’s Insurance Fraud Case
Mar 24 2020 // A West Virginia couple were sentenced to more than three years each after pleading guilty in a scheme to fraudulently collect renter’s insurance benefits. Jimmie Thompson, 27, and Thanikwa Thompson, 25, of...
Florida Woman Pleads Guilty to Hurricane Disaster Assistance Fraud
Mar 19 2020 // A Florida woman has pleaded guilty to lying about damage caused by Hurricane Irma. Bernita Willette Carswell, 36, pleaded guilty in Jacksonville federal court last week to one count of disaster assistance fraud, according...
California Department of Insurance Has Man Extradited from Poland in $2.6M Fraud Ring
Mar 19 2020 // California Department of Insurance detectives took Yeghishe Msryan, 67, into custody after he was arrested in Poland and extradited back to Los Angeles by the U.S. Marshals Service for his alleged involvement in an...
New York OTDA Employee Arrested For Nearly $12K Sick-Leave Fraud
Mar 18 2020 // A New York State Office of Temporary and Disability Assistance (OTDA) employee has been arrested after allegedly submitted 13 forged doctors’ notes over the course of six months to obtain 75 days of paid sick leave,...
Toys ‘R’ Us Creditors’ Lawsuit Accuses Directors, Private-Equity Owners of Fraud
Mar 16 2020 // Toys “R” Us Inc. creditors filed a lawsuit accusing the defunct retailer’s executives and private-equity owners of fraud and breach of fiduciary trust. Former Chief Executive Officer David Brandon and...
