Latest Fraud Headlines

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

Greenberg Fights New York AG’s Spin on Reinsurance Saga

Feb 14 2017 // Almost a dozen years ago, then-New York Attorney General Eliot Spitzer filed a fraud lawsuit against former American Insurance Group Inc. CEO Maurice “Hank” Greenberg over two reinsurance transactions that...

Suspected Shooter in Oklahoma Accused of Stealing Insurance Money

Feb 13 2017 // Federal investigators say an Oklahoma man who fatally shot himself this week after being suspected of killing two people was facing felony charges connected to an insurance scheme.An FBI affidavit alleges that 55-year-old...

Why Predictive Modeling Is Gaining as Fraud Fighting Tool

Feb 13 2017 // Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according to Dan Donovan, assistant vice president of Claims Solutions at Verisk...

Suspected Oklahoma Shooter Accused of Stealing Insurance Money

Feb 13 2017 // An FBI affidavit filed says an Oklahoma man, who authorities say fatally shot himself after being suspected of killing two people, faced five felony counts of uttering forged instruments in connection with an insurance...

Greenberg, New York AG Settle Long-Running Reinsurance Dispute

Feb 12 2017 // Ex- American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg admitted to taking part in two deals to make the insurer’s financial condition look better than it was as part of a...

Criminal Charges Announced in Fatal Massachusetts Water Main Break

Feb 10 2017 // Criminal charges have been announced in connection with a Boston, Mass., water main break that killed two workers.Suffolk County District Attorney Daniel Conley on Wednesday announced a grand jury had returned indictments...

California Chiropractor And Staff Charged With Insurance Fraud

Feb 9 2017 // A California chiropractor was arraigned in Sacramento Superior Court on Wednesday on eight felony counts of insurance fraud for his alleged role in a fraud scheme billing health and auto insurers for treatment services...

Rhode Island Chiropractic Office Sued for Alleged Insurance Fraud Scheme

Feb 8 2017 // An insurance company is suing a Providence, R.I., chiropractic office, alleging its owner falsified medical records to boost insurance claims and paid kickbacks to personal injury lawyers who referred clients.The...

40 Suspects Are Part of Family Auto Fraud Ring in California

Feb 7 2017 // California Department of Insurance detectives and investigators with the Auto Insurance Fraud Task Force today arrested seven suspects, charged an additional 22 who are self-surrendering, and are still seeking 11 more...

Lawyers: Iowa Hospital Sued Over Pain Medication Thefts

Feb 7 2017 // Attorneys for nine patients have filed a lawsuit against Iowa Methodist Medical Center, blaming the hospital for a pharmacy tech’s theft of potent painkillers from hundreds of vials.The lawsuit accuses the hospital...

Auto Insurance Fraud Ring in California Busted

Feb 3 2017 // The San Diego County District Attorney’s Office and California Insurance Commissioner Dave Jones announced a major auto insurance fraud ring takedown, which was operating in San Diego County.Nine defendants were...

104 Arrested in South Florida in $60M Identity Theft Ring

Feb 3 2017 // Federal authorities have charged 104 people with numerous identity theft and fraud offenses in the latest South Florida crackdown on a rampant problem involving tens of thousands of stolen personal identities.The charges...

More Than 50 Guns Stolen from North Carolina Gun Show

Feb 2 2017 // Police in Greensboro, N.C., say more than 50 guns were stolen from a gun show over the weekend.Police said in a release Monday security guards reported the theft Sunday before the Greensboro Gun and Knife Show opened....

Woman Sentenced to 4 Years for Stealing $700K from Connecticut Company

Jan 25 2017 // A former employee of a Connecticut real estate management and development business has been sentenced to four years in prison for stealing more than $700,000 from the company.Federal prosecutors say 50-year-old Debra...

Ohio Woman Sentenced, Must Repay $21K in Insurance Fraud Case

Jan 25 2017 // Ohio Lt. Gov. Mary Taylor said Tuscarawas County resident Tiffany Frame has been sentenced to two years of community control supervision and ordered to complete 250 hours of community service for committing insurance...

Insurers Back Arizona Bill Cutting Required Auto Glass Coverage

Jan 24 2017 // Rock-shattered windshields are such a common occurrence on Arizona roads that insurance companies have long been required to replace broken glass for free to drivers with full coverage policies.It ends up being a big...

Kansas Wildlife Investigation Uncovers Insurance Fraud

Jan 24 2017 // An investigation into possible wildlife violations uncovered unrelated insurance fraud evidence that led to a recent criminal conviction in Kansas.Lawrence E. Payne, Overland Park, was sentenced Dec. 6, 2016, to serve 30...

Former Executive Admits Stealing $850K from Pennsylvania Health Care Giant

Jan 24 2017 // A former executive with Pittsburgh-based health care giant UPMC has admitted he stole nearly $850,000 from the company by arranging to hire his wife and a friend as ghost workers.Federal prosecutors say 48-year-old Ronald...

New York Issues First-in-Nation Regulation on Commercial Crime Insurance

Jan 23 2017 // New York State’s Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses employing people...

California Stays More than $1B in Liens Linked to Workers’ Comp Fraud Charges

Jan 19 2017 // California’s Department of Industrial Relations (DIR) has stayed more than 200,000 liens worth a combined claim value of more than $1 billion that are linked to 75 medical providers facing criminal fraud charges.The...