All the headlines from our Fraud Topic Page, ordered by recency.
Nov 16 2016 // Two people from California were arrested on a scheme allegedly involving the reported theft of an expensive classic car.Constantine Petros, 54, of Petaluma, was arrested on Oct. 19 in Sonoma County. Also arrested was...
Nov 15 2016 // Former operators of a Southern California sober-living operation have been charged with fraud for allegedly keeping hundreds of people in what the state insurance commissioner calls a “never-ending cycle of...
Nov 9 2016 // Retailer Tesco Plc’s banking arm said on Tuesday that 2.5 million pounds ($3 million) had been stolen from 9,000 customers over the weekend in what cyber experts said was the first mass hacking of accounts at a...
Nov 8 2016 // Britain’s National Crime Agency (NCA) is leading a criminal inquiry into the theft of money from thousands of Tesco Bank accounts that the UK financial watchdog said was unprecedented.New cyber crime agency National...
Nov 8 2016 // The Fraud Division of the Kentucky Department of Insurance (DOI) announced that it has increased the amount of court-ordered restitution payments this year by more than 800 percent. The increase—from $369,762 in 2015 to...
Nov 7 2016 // A Lafayette, La., man has been sentenced to nearly 5 years in prison for stealing nearly $1.5 million from an insurance settlement his sister received while she was incapacitated.News outlets report U.S. Attorney Stephanie...
Nov 7 2016 // Tesco Bank, the lending arm of the U.K.’s biggest grocer, said it suspended online transactions after about 20,000 customers had money fraudulently taken from their accounts.About 40,000 of the bank’s 136,000...
Nov 7 2016 // Three times in three months now, I have seen major carriers “provide” contracts that in some cases outright take ownership of agency expirations and in another case only take an “interest” in them....
Nov 6 2016 // Goldman Sachs Group Inc. has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial...
Nov 3 2016 // A North Carolina man has been arrested for allegedly conspiring to commit insurance fraud. According to a statement from the North Carolina Department of Insurance, Timothy Allen Green, 54, of Louisburg has been charged...
Nov 2 2016 // Last year, one out of every eight car thefts was a freebie for the thief because the driver left the keys or the car access device inside.It’s a growing problem according to a report from the insurance...
Oct 31 2016 // The Arkansas Insurance Department reported that a North Little Rock man has been sentenced to one year in prison after pleading guilty to insurance fraud.On Oct. 25, Antonio Fowler, 30, pleaded guilty to one count of...
Oct 31 2016 // Lexington, Ky., officials say property thefts, especially those involving vehicles, are among the most frequently committed crimes in Kentucky’s second-largest city.The Lexington Herald-Leader reports more than 260...
Oct 30 2016 // An insurance company that paid more than $2.8 million in claims after an arson fire damaged an historic Memphis music recording studio has now accused a rock music label company of fraud and wants its money back. The...
Oct 27 2016 // A Hudson Valley dentist acquitted earlier this year of fatally poisoning his ex-lover’s husband has been convicted of fraud and theft. The Daily Freeman of Kingston reports an Ulster County Court jury on Tuesday...
Oct 26 2016 // Artwork showing Muhammad Ali in a classic pose, in white trunks and red boxing gloves, was stolen from an exhibit while it was open to the public at the Muhammad Ali Center. Surveillance cameras recorded the brazen theft,...
Oct 26 2016 // A Lansing, Mich.-area doctor who is a former state lawmaker has been placed on probation for making false statements to an insurer.Judge Robert Jonker on Oct. 24 gave a significant break to Paul DeWeese, whose clinic, NBO...
Oct 26 2016 // Tangipahoa Parish, Louisiana, sheriff’s deputies say a man and a woman with numerous aliases are wanted in a flood contractor scheme that has taken more than $35,000 from two victims already in the Ponchatoula and...
Oct 24 2016 // Harry Shearer has launched a $125 million fraud and contract-breach lawsuit against Vivendi and StudioCanal over the 1984 rockumentary classic This Is Spinal Tap.The complaint, filed last week in California federal court,...
Oct 20 2016 // A federal jury in Houston has convicted three executives from a physical therapy chain for their roles in submitting about $9.6 million in false and fraudulent claims for healthcare services that weren’t provided to...