Latest Fraud Headlines
All the headlines from our Fraud Topic Page, ordered by recency.
No Criminal Liability for Uber in Fatal 2018 Arizona Self-Driving Car Crash
Mar 18 2019 // Uber Technologies Inc. is not criminally liable in a March 2018 crash in Tempe, Ariz., in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said earlier this month. The Yavapai...
New Florida Anti-Fraud Initiative Seeks to Make State ‘Fraud Free’
Mar 18 2019 // Denouncing the state’s current ranking when it comes to consumer scams and insurance abuse, Florida Chief Financial Officer (CFO) Jimmy Patronis has announced a new initiative aimed at reducing fraud in the...
SEC Sues VW, Ex-CEO over Diesel Emissions Scandal, Alleging Massive Investor Fraud
Mar 15 2019 // The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud”...
Disabled Workers Paid Less Than Minimum Wage Sue Non-Profit for Wage Theft
Mar 14 2019 // A New Mexico non-profit that’s assembled gift bags for the Oscars and Grammys is facing a class action lawsuit brought by disabled employees who say it pays as little as 18 cents an hour. The suit is the latest to...
Rhode Island Horse Insurer Gets Three Years in Prison for $1.3M Fraud Scheme
Mar 14 2019 // A Rhode Island insurance agent who specializes in insuring horses has been sentenced to three years in prison for defrauding clients, insurance companies and finance companies out of $1.3 million. Federal prosecutors say...
Startup CEO Exonerated from Crimes, Seeks Compensation for Firing
Mar 13 2019 // Zain Jaffer’s charmed, Silicon Valley life was about to collapse beneath him. It was October 2017 and Jaffer, founder of a promising mobile ad startup, was suddenly arrested and charged with a series of crimes,...
North Carolina Insurance Fraud Round-Up: January, February
Mar 13 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the first two months of 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to...
Former Texas Hospital CEO Pleads Guilty to Insurance Fraud Scheme
Mar 12 2019 // The former CEO of Palo Pinto General Hospital in Palo Pinto, Texas, has pleaded guilty to defrauding three major insurance providers – BlueCross BlueShield of Texas, CIGNA Texas, and United Healthcare – out of millions...
Before Heading to Prison, Attorney Apologizes for Major Workers’ Comp Fraud
Mar 12 2019 // Sean Enrique O’Keefe said he started out as a “humanistic attorney,” but he became a mercenary and then a criminal who netted $700,000 a year by sending San Diego workers’ compensation claimants to...
Texas Insurance Adjuster Sentenced for Stealing $100K from Employer
Mar 7 2019 // A Spring, Texas, insurance adjuster has been sentenced for stealing nearly $100,000 from the insurance company where he worked, the Texas Department of Insurance announced. Allen Castillo pleaded guilty after an...
Thomas Named Manager of Michigan Insurance Department’s Fraud Unit
Mar 6 2019 // Michigan Department of Insurance and Financial Services (DIFS) Director Anita G. Fox has appointed Joseph Thomas as manager of the department’s Fraud Investigation Unit. Thomas has 31 years of experience in law...
Shift Technology Raises $60M to Expand Use of AI for Fraudulent Claims Detection
Mar 6 2019 // Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims...
No Criminal Liability for Uber in Fatal 2018 Arizona Self-Driving Car Crash
Mar 6 2019 // Uber Technologies Inc. is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday. The Yavapai County...
San Antonio Area Drug Company Sales Rep Pleads Guilty in $8M Fraud Scheme
Mar 5 2019 // A former pharmaceutical representative has pleaded guilty in Texas to a role in an $8 million health care fraud scheme that netted her over $1 million, according to U.S. Attorney John Bash and FBI Special Agent in Charge...
Florida CFO Launches ‘Fraud Free Florida’ Anti-Fraud Initiative
Mar 5 2019 // Florida Chief Financial Officer (CFO) Jimmy Patronis has announced a new initiative aimed at reducing fraud in the state. According to a statement from the Florida Department of Financial Services, the “Fraud Free...
Former Washington Agent Jailed for Stealing Premiums
Mar 4 2019 // Donald W. Morgan, 67, of Bingen, Wash., pleaded guilty in Snohomish County Superior Court to a felony count of first-degree theft involving his former customers’ insurance premiums. He is serving 30 days in the...
Hidden Truth About Stolen Snowmobiles
Mar 4 2019 // During the period Jan. 1, 2015, through Dec. 31, 2017, 1,592 snowmobiles were reported stolen — 506 in 2015, 549 in 2016 and 537 in 2017. That’s according to a report by the National Insurance Crime Bureau...
In Separate Cases, 2 Charged in Washington with Insurance Fraud
Mar 4 2019 // Two Yakima County, Wash., residents have been charged in Superior Court in connection with separate auto insurance fraud claims. The charges followed investigations by Insurance Commissioner Mike Kreidler’s Criminal...
California Insurance Agents Arrested for Stealing from Clients
Mar 1 2019 // Investigations by the California Department of Insurance led to the arrests of insurance agents who allegedly stole tens of thousands of dollars from clients and failed to place insurance coverage for those clients. Maria...
FBI Looking for Victims of Alleged Workers’ Comp Scheme Run by California Firm
Feb 27 2019 // The FBI is seeking to identify businesses that may be victims of an alleged nationwide workers’ compensation insurance, health care insurance, and pension plan fraud scheme. The FBI is urging businesses that...
