Latest Fraud Headlines

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

Judge Suspends Lawsuit Against U. of Oklahoma over Stolen Nazi Art

Dec 8 2015 // A federal judge has suspended activity in a lawsuit that challenges the ownership of a painting that hangs at a University of Oklahoma art gallery as negotiations continue with a French woman who claims the artwork was...

New Credit Card Chips Shift Liability to Retailers

Dec 7 2015 // On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that...

North Carolina Man Charged with Insurance Fraud Over Stolen Boat Claim

Dec 1 2015 // North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of William Nathan Spaulding, 38, of Lake Waccamaw; he is charged with one count each of insurance fraud, obtaining property by false pretense and...

5 Charged in $580M Southern California Scheme Involving Workers’ Comp

Nov 30 2015 // Five people, including a former hospital executive and two surgeons, are charged with a massive kickback scheme that resulted in billing $580 million to the government and insurance companies, authorities announced.Two...

GM Does Not Have to Turn Over Privileged Ignition Switch Documents: Judge

Nov 30 2015 // General Motors Co. and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in their vehicles, a...

Former Texas Agent Pleads Guilty to Fraud, Faces 20 Years in Prison

Nov 30 2015 // A 64-year-old former Texas insurance agent has pleaded guilty to wire fraud and money laundering, federal prosecutors say, and faces up to 20 years in prison for what amounted to a Ponzi scheme.U.S. Attorney John M. Bales...

3 Earn Award for Combating Auto Insurance Fraud in Massachusetts

Nov 24 2015 // Two police officers and a prosecutor who work in the Northwestern District Attorney’s office in Northampton, Massachusetts, have earned a national award for combating auto insurance fraud.Det. Lt. John Cummings,...

Judge Allows NFL Player’s Fraud Claims Against BofA to Proceed

Nov 24 2015 // National Football League player Dwight Freeney can proceed with his lawsuit alleging that Bank of America Corp. was complicit in a fraud scheme that caused him to lose more than $20 million and forced his Rolling Stone...

3 Tennessee Agents Face Disciplinary Actions, $680K in Fines by TDCI

Nov 22 2015 // The Tennessee Department of Commerce and Insurance (TDCI) announced disciplinary actions taken against three former Tennessee agents for misappropriation, failure to report administrative actions, and felony convictions...

Former Clerk in Iowa Town Charged with Fraud, Burning City Hall

Nov 20 2015 // The former city clerk for the small western Iowa city of Casey has been indicted on federal charges alleging she used city funds for personal use and burned down City Hall the night before state auditors were to arrive to...

California School Security Officer Arrested for Workers’ Comp Fraud

Nov 19 2015 // Valentino H. Douglas, 45, of Rialto, Calif., was arrested and booked into the West Valley Detention Center on multiple counts of felony insurance fraud after receiving more than $112,000 in workers’ compensation...

Northern West Virginia Forms Group to ID Health Care Fraud

Nov 19 2015 // State and federal authorities have created a multi-jurisdictional working group to identify and deal with health care fraud in northern West Virginia. U.S. Attorney William J. Ihlenfeld II and representatives of the FBI,...

U.S. Clarifies Policy on Prosecutions of Executives for Fraud

Nov 17 2015 // The U.S. Justice Department renewed its push to charge executives in corporate fraud cases, encouraging companies to come to them early even if they can’t yet identify individual wrongdoers.Deputy Attorney General...

4 New York Business Owners Charged in Workers’ Comp Fraud Sweep

Nov 16 2015 // The New York inspector general’s office announced the arrests of four New York state business owners on fraud and theft charges as part of an ongoing series of investigations into employers and employees who defraud...

How New Chip Cards Raise the Risk for Merchants

Nov 16 2015 // On Oct. 1, 2015, many of your clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that accepts or issues payment...

Delaware Officials Say Several Insurers Received Fraudulent Invoice

Nov 12 2015 // The Delaware Department of Insurance issued a bulletin to all insurance carriers doing business in Delaware, warning them to look out for deceptive invoices. The bulletin No. 80 (“Deceptive Solicitation From...

36 Indicted in Alleged Insurance Fraud Scheme in Indiana

Nov 12 2015 // Federal prosecutors in Indiana have indicted 36 people in an insurance fraud scheme alleging they staged car crashes and filed false insurance claims.The indictment alleges 56-year-old Michael W. Burris Sr., his...

U.S. Charges 3 in ‘Securities Fraud on Cyber Steroids’ Scheme

Nov 11 2015 // U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co. and generated hundreds...

Georgia Roofing Contractor Accused of Insurance Fraud

Nov 10 2015 // A Macon, Ga.-based roofing contractor was arrested for insurance fraud and damage to property, according to Georgia Insurance Commissioner Ralph Hudgens.Law enforcement officers from Hudgens’ Fraud Division and the...

Surge in Auto Break-Ins Bumping up Crime Rate in Mississippi City

Nov 6 2015 // Hundreds of vehicle break-ins are a big part of the reason that major crimes are up in Hattiesburg.There were 376 vehicle break-ins during the first nine months of this year, compared to 114 a year ago, The Hattiesburg...