Latest Fraud Headlines

All the headlines from our Fraud Topic Page, ordered by recency.

Former Maryland Insurance Agent Pleads Guilty to Stealing $369K

Apr 8 2024 // A former Maryland title insurance agent recently pleaded guilty to carrying out a multi-year theft scheme netting her more than $369,000, according to the state attorney general. Cheryl Leigh Gray was a licensed insurance...

Iowa Man Sentenced for Insurance Fraud

Apr 4 2024 // An Iowa man was sentenced in March after pleading guilty to one count of Theft 3rd Degree (Aggravated Misdemeanor) following an investigation by the Iowa Insurance Division’s Fraud Bureau.Khalil Justin Crawley, age...

Murdaugh Sentenced to 40 Years for Stealing Insurance, Other Funds from Clients, Firm

Apr 3 2024 // CHARLESTON, S.C. (AP) — For maybe the last time, Alex Murdaugh, in a prison jumpsuit instead of the suit he used to wear, shuffled into a courtroom Monday in South Carolina and was sentenced to 40 years in federal...

Six Defendants to Stand Trial in Michigan Insurance Fraud Case

Apr 1 2024 // Six defendants will stand trial on charges alleging the group operated an auto insurance fraud scheme targeting Michigan residents involved in automobile collisions, Michigan Attorney General Dana Nessel and Anita Fox,...

FBI: Murdaugh Lied About Where Stolen Money Went and Who Helped Him Steal

Mar 28 2024 // Convicted killer Alex Murdaugh didn’t tell the truth when FBI agents repeatedly asked him where more than $6 million he stole ended up and whether another attorney not yet identified helped him steal from clients and...

Louisiana Insurance Producer Arrested for Fraud, Theft

Mar 28 2024 // A Baton Rouge, Louisiana insurance producer was arrested for insurance fraud and theft, the Louisiana State Police announced this week.The Louisiana State Police Insurance Fraud/Auto Theft Unit Baton Rouge Field Office...

Two Iowa Men Sentenced in Workers’ Comp Fraud Scheme

Mar 27 2024 // Two Iowa men were sentenced this month in connection with workers’ compensation fraud.Trey Wysocki, age 40, of New Virginia was sentenced on March 11, 2024, after pleading guilty to one count of Insurance Fraud...

FBI: Alaska Airlines Passengers Told They Might Be Crime Victims

Mar 27 2024 // The FBI has told passengers on the Alaska Airlines Boeing 737 Max that lost a door-plug panel in midflight that they might be victims of a crime.“I’m contacting you because we have identified you as a possible...

Alabama Sales Rep and Clinic Owner Sentenced in $28M Billing Fraud Scheme

Mar 25 2024 // A medical sales representative and a pain clinic owner in Alabama have been sentenced to years in prison for their roles in a long-running, $28 million fraud scheme that involved a compounding pharmacy, unneeded nerve...

China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case

Mar 22 2024 // Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, ramping up pressure on the global...

Florida Jewish Center Burned by Arsonist But Police Say It’s Not a Hate Crime

Mar 20 2024 // FORT LAUDERDALE, Fla. (AP) — A South Florida Jewish center suffered severe damage in a weekend arson fire that police believe was set by a mentally ill homeless man who previously confronted the rabbi and others.Rabbi...

Member of Major Catalytic Converter Theft Crew Sentenced to More Than Three Years

Mar 20 2024 // A Springfield, Massachusetts man was sentenced last week in federal court in Boston for his role in a regional organized theft crew that stole catalytic converters from nearly 500 vehicles, robbed jewelry stores and stole...

China Evergrande’s Alleged $78 Billion Fraud Is Among World’s Worst

Mar 19 2024 // China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history.The...

How to Renew Your Insurance License with a Criminal Background Part 1: Alabama through Georgia

Mar 19 2024 // This post is part of a series sponsored by AgentSync.Insurance licenses can be hard to get and keep, even for those with the most pristine backgrounds. So, what’s an insurance producer to do if they find themselves...

Six Defendants to Stand Trial for Michigan Auto Insurance Fraud Scheme

Mar 18 2024 // Six defendants will stand trial on charges alleging the group operated an auto insurance fraud scheme targeting Michigan residents involved in automobile collisions, Michigan Attorney General Dana Nessel and Anita Fox,...

Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say

Mar 18 2024 // Donald Trump’s efforts to secure a bond to cover a $454 million judgment in a New York civil fraud case has been rejected by 30 surety companies, his lawyers said on Monday, inching him closer to the possibility of...

Apple, Investors Reach $490 Million Settlement in Fraud Case

Mar 18 2024 // Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief Executive Officer Tim Cook of misleading them in 2018 about the company’s sales prospects.Cook...

Massachusetts Couple Charged With $627K in Workers’ Compensation Fraud and More

Mar 15 2024 // A Hopkinton, Massachusetts couple has been arrested and charged in connection with separate schemes to defraud their workers’ compensation insurance carriers, the Small Business Administration (SBA) and their...

Iowa Woman Charged With Insurance Fraud

Mar 13 2024 // An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) and one count of Theft in the 2nd Degree (Class D Felony) following an investigation by the Iowa Insurance...

Russian Hackers Are Weaponizing Stolen Microsoft Passwords

Mar 13 2024 // A Russian state-sponsored hacking group that stole sensitive data from Microsoft Corp. executives is trying to leverage that information to compromise the company’s source code and other internal systems, according...