Latest Fraud Headlines

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

South Florida a Haven for All Types of Fraud

Jul 31 2015 // Need a phony ID? A fraudulent tax refund? Insurance money from a sham car crash? Florida may have just what you’re looking for.Since the first settlers hacked their way into the mangrove tangles and drained much of...

Multi-State Cargo Theft Ring Busted in Indiana; 8 Charged

Jul 29 2015 // Eight individuals have been charged in a 23-count indictment in an organized scheme to steal tens of millions of dollars in merchandise from shipments of cargo moving through the state of Indiana and elsewhere, United...

Ex-Massey CEO’s Lawyers: Keep West Virginia Mine Blast Out of Criminal Trial

Jul 28 2015 // Attorneys for former Massey Energy CEO Don Blankenship want evidence about the 2010 explosion at the Upper Big Branch mine in West Virginia kept out of his criminal trial this fall.The Charleston Gazette-Mail reports the...

Miami Agent Arrested for Stealing More than $80K from Clients

Jul 28 2015 // The Florida Department of Financial Services’ Division of Insurance Fraud has announced the arrest of Mandy Rodriguez, 35, on felony fraud and grand theft charges after an investigation revealed that Rodriguez, a...

Cal Fire Captain, Insurance Agent Brother Arrested For Insurance Fraud

Jul 27 2015 // A California Fire captain and his insurance agent brother have been arrested for insurance fraud.Neal Moriarty, 38, a Cal Fire Captain, and Ross Moriarty, 42, a licensed insurance agent, were arrested last week on multiple...

Former California Agent Ordered to Pay Restitution for Premium Theft

Jul 24 2015 // Christopher Emery, 33, of Downey, Calif. formerly a licensed insurance broker doing business as CPE Insurance Services, has plead guilty to seven felony counts of grand theft for stealing insurance premiums.Emery collected...

Most Maine Crimes Drop in 2014 Even as Drug Arrests Grow

Jul 23 2015 // The Maine Department of Public Safety says crime dropped nearly 15 percent last year, the largest drop in the four decades that the state has kept detailed records.Commissioner John Morris said Wednesday every crime...

Data of Nearly 2,000 Customers Stolen by Florida Vacation Firm Worker

Jul 22 2015 // An employee at a Florida company that offers promotional vacations has been charged with stealing reservation documents and then selling the credit card information of more than 1,855 customers to two other people, Orlando...

Hanover Enhances Fidelity, Crime Coverage

Jul 21 2015 // The Hanover Insurance Group, Inc. has launched a new Fidelity & Crime Advantage coverage program offered within its management liability portfolio. The coverage provides businesses with an enhanced product suite to...

North Carolina Man Charged with 8 Counts of Insurance Fraud

Jul 20 2015 // A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts of obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing...

Signed, Sealed, Delivered: Florida’s 2015 Insurance Legislation Takes Effect

Jul 17 2015 // Below is a list of insurance-related Florida legislation passed by lawmakers in the 2015 regular session. All legislation has been approved by Governor Rick Scott and became effective as of July 1, 2015.HB1133 –...

Ex-Oppenheimer Exec Gets Jail Time for Role in Oklahoma Insurer Fraud

Jul 16 2015 // A former Oppenheimer & Co. Inc. executive was sentenced to almost two years in prison for his role in a fraud that prosecutors say led to the collapse of an Oklahoma insurance company.Allen Reichman, 54, and three...

U.S. Appeals Court Rules for Whistleblowers in State Farm Katrina Fraud Case

Jul 16 2015 // Whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina, a federal appeals court ruled July 13.In its decision, the New...

More Small Employers Using Video to Detect Workers’ Comp Fraud

Jul 15 2015 // Trust is hard to come by, and the proof for that cliché is now in the pudding – at least in the world of workers’ compensation.While roughly one-in-10 small business owners say they’re concerned that one of...

Arkansas AG Launches Metal Theft Enforcement Program

Jul 15 2015 // Arkansas Attorney General Leslie Rutledge recently announced a new initiative from the Attorney General’s Special Investigations Division to combat the problem of metal theft.During a press conference at the state...

FBI: Global Criminal Hacker Forum Darkode Shut Down

Jul 15 2015 // The U.S. Department of Justice and FBI said today that they along with an international coalition of law enforcers have shut down the underground computer hacking forum known as Darkode and filed criminal charges against...

Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study

Jul 13 2015 // The Association of British Insurers (ABI) has published figures showing that £3.6 million [$5.588 Million] a day is being “saved by exposing insurance cheats.” It is only one of the “factors helping to...

Florida Fraud Case to be Featured on A&E Series

Jul 9 2015 // The Florida Division of Insurance Fraud will be featured on tonight’s episode of A&E’s newest series, American Takedown, at 10pm EST. According to producers, American Takedown goes behind the scenes of...

North Carolina Man Charged with 8 Counts of Insurance Fraud

Jul 8 2015 // A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a...

Friday Afternoon Scam Cost Hedge Fund $1.2 Million – and CFO’s Job

Jul 7 2015 // The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday.The caller said he was from Coutts, the London-based hedge fund’s bank, and...