All the headlines from our Fraud Topic Page, ordered by recency.
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...
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 –...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Jul 6 2015 // One man has been jailed and another is being sought as county officials in Florence and Clarendon, South Carolina say they’ve discovered a heavy equipment theft ring that operated in six counties. The Morning News of...
Jul 6 2015 // Seven people in California and Washington were arrested for allegedly conspiring to defraud eight insurance companies by submitting fraudulent auto insurance claims totaling more than $175,000.Detectives from the...
Jul 2 2015 // Two men have been sentenced to federal prison for arson and insurance conspiracy after authorities say they conspired to burn houses they bought and insured in Kansas City, Mo. A news release from U.S. Attorney Tammy...
Jun 30 2015 // The Florida Division of Insurance Fraud announced the arrest of Dr. Troy Godsey and Renata Berriel Deazevedo for their roles in a scheme to defraud multiple insurance companies of more than $100,000.Troy Godsey, a licensed...
Jun 29 2015 // A Newark, New Jersey, man who committed insurance fraud is now headed to prison.New Jersey state authorities say Derrick Smith recently received a three-year sentence. Smith sought more than $15,000 from his insurer for...
Jun 26 2015 // Michael Kontonotas Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office. Kontonotas...
Jun 25 2015 // Beazley has introduced fraudulent instruction insurance, a new coverage to address losses from the transfer of funds as a result of fraudulent instructions from a person purporting to be a vendor, client or authorized...
Jun 25 2015 // Georgia Insurance Commissioner Ralph Hudgens announced that a Bibb County Grand Jury indicted Roswell chiropractor Victor L. Dees for 12 counts of insurance fraud based off an investigation conducted by the Department of...
Jun 24 2015 // Seven people in California and Washington were arrested for allegedly conspiring to defraud eight insurance companies by submitting fraudulent auto insurance claims totaling more than $175,000.Detectives from the...