Latest Fraud Headlines

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

Oxendine’s Georgia Fraud Trial Must Finally Start April 15, Federal Judge Says

Mar 13 2024 // A former Georgia insurance commissioners’ efforts to dismiss insurance fraud and money laundering charges against him have run their course. John Oxendine must face trial starting April 15, a federal judge has...

Kansas Man Sentenced to 12 Months Probation For Insurance Fraud

Mar 12 2024 // Kansas Insurance Commissioner Vicki Schmidt announced last week that an Overland Park man has been sentenced to 12 months of probation for insurance fraud. Matthew Finholm, age 43, pleaded guilty in the District Court of...

Meta Sues Former Employee Over Alleged Stolen Documents

Mar 12 2024 // Meta Platforms Inc. sued one of its former vice presidents for what it called a “stunning” betrayal in his defection to a “stealth” AI cloud computing startup.Dipinder Singh Khurana, also known as...

New York Inspector General Reports on 2 Workers’ Compensation Fraud Cases

Mar 11 2024 // New York State Inspector General Lucy announced a sentencing and a guilty plea in two separate workers’ compensation fraud cases.Lang announced the sentencing of Brian Simpson, 55, of Monroe County, who defrauded the...

Missouri Man, Woman Sentenced in $1.1M Insurance Fraud Scheme

Mar 8 2024 // Two Columbia, Missouri residents were sentenced in federal court on March 6 for their roles in a $1.1 million insurance fraud scheme that involved false claims of injuries suffered in faked car accidents.Michael Lee Gene...

Liberty University to Pay $14M Fine for Failure to Disclose Campus Crimes

Mar 7 2024 // Liberty University has agreed to pay an unprecedented $14 million fine for the Christian school’s failure to disclose information about crimes on its campus and for its treatment of sexual assault survivors, the U.S....

Former California Agent Arraigned for Allegedly Stealing $380K in Premiums from Businesses

Mar 7 2024 // Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation...

Don’t Let Criminals Steal a Guest’s Good Time: Theft Awareness and Prevention in the Hospitality Industry

Mar 4 2024 // Theft is an opportunistic crime, and few places provide more opportunity for a criminal than a hotel or resort. From the moment that guests first pull into the parking lot until their eventual check out and departure,...

EU Lawmakers Approve Tougher Penalties for Environmental Crimes

Feb 27 2024 // The European Parliament on Tuesday approved tougher penalties for environmental crimes such as illegal timber trade, with offenses punishable by up to 10 years in prison and company directors prosecuted for corporate...

Lockbit Cybercrime Gang Says It Is Back Online Following Global Police Bust

Feb 27 2024 // Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has restored its servers and is back in business.The group, notorious on the...

Sotheby’s, Russians, Theft: Insurer Must Defend in High-End Miami Realty Suit

Feb 23 2024 // In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the biggest players in the market. This month, the firm is handling the rental of NBA superstar...

Bumble Faces Penalty for Failing to Disclose If Its Dating App Suitors Include Criminals

Feb 23 2024 // Texas-based internet dating service provider Bumble, Inc. will pay $315,000 and change its business practices to settle allegations it violated New Jersey’s consumer protection and internet dating safety laws by...

Georgia Sheriff’s Chief Aide Resigns After Indictment on Auto Insurance Fraud

Feb 22 2024 // The former chief of staff for an Atlanta-area sheriff has resigned after he was indicted on auto insurance fraud charges. Braxton Tyree Cotton, 42, top aide to Cobb County Sheriff Craig Owens, claimed in 2023 that his...

ANALYSIS: Trump’s Appeal of Civil Fraud Verdict May Hinge on ‘No Victims’ Defense

Feb 22 2024 // Donald Trump’s planned appeal of a $355 million judgment against him in his civil fraud case may focus on the former president’s contention that there were no actual victims from his conduct at issue in the...

What Is Cybercriminal Group Lockbit?

Feb 21 2024 // A cybercriminal group named Lockbit, which was broken up by an international law enforcement operation this week, has hacked some of the world’s largest organizations in recent months, stealing and leaking their...

FTX Investors Sue Sullivan & Cromwell, Say Law Firm Aided Fraud

Feb 20 2024 // FTX investors sued Sullivan & Cromwell, accusing the law firm of aiding illicit schemes that helped advance a multi-billion dollar fraud before the crypto exchange’s collapse.Sullivan & Cromwell’s...

Trump Avoids ‘Corporate Death Penalty’ in Civil Fraud Case, But Business Still Slammed

Feb 20 2024 // Donald Trump won’t face the corporate death penalty after all.A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented...

FBI, UK Crime Agency Say They Have Disrupted LockBit Cyber Gang

Feb 20 2024 // A coalition of international law enforcement agencies, including the FBI and UK National Crime Agency, said they have disrupted LockBit, one of the most prolific hacker groups of all time, including shutting down websites...

How Technology is Combating Insurance Fraud

Feb 19 2024 // This post is part of a series sponsored by AgentSync.We recently wrote in great detail about the different types of insurance fraud, including how to go about committing each type (just for informational purposes, of...

Officials Say California Family Arraigned for Auto Insurance Fraud Filed 40-Plus Claims

Feb 19 2024 // Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she and her husband, Moshe Ninio, allegedly stole customers’ personal information and...