Trending Fraud Headlines
The most viewed headlines from our Fraud Topic Page over the last 30 days.
#1 Michigan Financial Advisor Charged With Insurance Fraud
Aug 5 2025 // A Michigan financial advisor was charged with four counts of insurance fraud, each a four-year felony, Attorney General Dana Nessel announced last week. Todd Bernstein, 67, of Birmingham, was arraigned on July 30 before...
#2 North Carolina Man Charged With More Than $1M in Travel Insurance Fraud
Aug 19 2025 // Investigators with the North Carolina Department of Insurance last week charged a man with swindling almost $1 million and attempting to gain another $887,500 from travel insurance companies from 2020 to 2024. Michael...
#3 Trump $464 Million NY Civil Fraud Penalty Vacated on Appeal
Aug 21 2025 // A New York appeals court struck down a $464 million fraud fine against President Donald Trump and his company, handing him a victory over the state’s attorney general. In a decision issued Thursday, the Manhattan...
#4 Fla. Insurance Agent Charged With Premium Theft Now in Prison, Has Paid Restitution
Aug 5 2025 // A high-profile southwest Florida insurance agent who pleaded “no contest” to absconding with thousands of dollars in premiums has been sentenced to just over a year in prison. Reid J. McDaniel, 33, of North...
#5 Owner of Water Machine Manufacturer Charged in $275 Million Fraud Scheme
Aug 25 2025 // The Securities and Exchange Commission has charged Ryan Wear, of Marysville, Washington, and his entities, Water Station Management LLC and Creative Technologies, Inc., for operating two related Ponzi-like schemes between...
#6 Idaho Man Pleads Guilty to Felony Workers’ Comp Fraud
Aug 7 2025 // An Idaho man pleaded guilty to one count of felony insurance fraud in connection with a workers’ compensation claim following an investigation led by the DOI’s Fraud Investigation Unit that showed he illegally...
#7 Double for Trouble: ID Theft Victim Awarded Both Treble and Punitive Damages
Aug 11 2025 // A victim of identity theft is entitled to recover both treble damages and punitive damages under Connecticut laws, according to the state’s highest court. The Connecticut Supreme Court found that the dual awards do...
#8 13 Charged in Pennsylvania With Selling Luxury Autos Stolen From Florida
Aug 8 2025 // Pennsylvania law enforcement officials have charged 13 people in a scheme of reselling luxury autos stolen from Florida. Attorney General Dave Sunday said the central Pennsylvania-based criminal enterprise involved...
#9 Former Baltimore County Insurance Agent Charged With Crimes for 4th Time
Jul 30 2025 // In the fourth set of criminal charges filed against him since last September, a former Baltimore County insurance agent and financial advisor has been charged with obstruction of justice and fabricating physical evidence,...
#10 New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses
Aug 14 2025 // Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from...
#11 Michigan Man to Stand Trial for Insurance Fraud
Aug 13 2025 // A Michigan financial advisor will stand trial for insurance fraud after waiving preliminary examination, Attorney General Dana Nessel announced this week. Todd Bernstein, 67, of Birmingham, is alleged to have submitted...
#12 Man Staged Theft of His Own Vehicle for Insurance Money
Aug 28 2025 // A New York man admitted he staged the theft of his own car in order to collect on his insurance funds Jonathan D. Martinelli pled guilty in May to a charge of third-degree insurance fraud in Union County Superior Court in...
#13 New Mexico Governor Declares State of Emergency in County Afflicted by Crime
Aug 15 2025 // The governor of New Mexico declared a state of emergency in response to violent crime and drug trafficking across a swath of northern New Mexico, including two Native American pueblo communities. The emergency declaration...
#14 Data Shows $150M in Stolen Goods Recovered in Two Years in California
Aug 4 2025 // More than 22,100 suspects were arrested, nearly 17,100 cases were referred for prosecution and roughly $150 million in stolen property was recovered in two years though state-funded work with law enforcement agencies,...
#15 Do Kwon Pleads Guilty to US Fraud Charges in $40B Crypto Collapse
Aug 12 2025 // Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud and wire fraud. Kwon,...
#16 Texas Crime Labs Say They Need More Resources for a THC Ban
Aug 14 2025 // As Texas lawmakers debate whether to regulate or ban THC products, officials with the state’s crime labs say they don’t have the resources currently to enforce whatever law is passed. “From a crime lab...
#17 Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024
Aug 1 2025 // Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology. The figure includes the direct costs of known espionage incidents, including state-sponsored...
#18 Anthropic Thwarts Hacker Attempts to Misuse Claude AI for Cybercrime
Aug 28 2025 // Anthropic said on Wednesday it had detected and blocked hackers attempting to misuse its Claude AI system to write phishing emails, create malicious code and circumvent safety filters. The company’s findings,...
#19 Markets/Coverages: Inigo Provides Excess DIC/DIL Cover on Financial Fraud Policies
Aug 19 2025 // Inigo Ltd., the Lloyd’s specialty insurer, has launched a product that provides top-up cover on financial fraud policies. The product, called Inigo Crime Excess, is an excess DIC/DIL (difference in conditions and...
