Latest Fraud Headlines

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

Virginia School System Says Former Student’s Sex Assault Lawsuit Is a Fraud

Nov 15 2023 // Allegations that a northern Virginia seventh-grader was repeatedly raped and sexually assaulted at her school more than a decade ago were totally fabricated, lawyers for the school system contend in a court filing seeking...

Louisiana State Police Open Criminal Investigation Into McClenny Moseley, Apex Roofing

Nov 13 2023 // Louisiana State Police have opened a criminal investigation into efforts by McClenny Moseley & Associates and Apex Roofing to solicit customers after receiving a complaint by the state Insurance Department about...

Catalytic Converter Thefts Down by Half as Precious Metal Prices Drop

Nov 8 2023 // The number of insurance claims filed for catalytic converter thefts plummeted this year after rising dramatically in 2021 and 2022.National Insurance Crime Bureau data shows that as of Sept. 30, the number of claimed...

UK Weighs Criminal Liability for Self-Driving Car Companies

Nov 7 2023 // Self-driving car companies could face criminal action in the UK if their vehicles fail to meet safety standards in the most serious cases.New legislation, introduced in today’s speech by King Charles III, who arrived...

New York No-Fault Fraudster Pleads Guilty, Agrees to Pay $40M in Restitution

Nov 7 2023 // A man whom federal prosecutors in New York say was the mastermind behind a $40 million automobile insurance fraud scheme pleaded guilty on Friday to bribery, health care fraud and identify theft charges.Alexander Gulkarov,...

New Jersey Man Charged With Arson and Insurance Fraud Tied to Home Fire

Nov 7 2023 // A former Camden County, New Jersey man has been indicted on charges including arson and insurance fraud relating to a fire that caused significant damage to a house in Cherry Hill in 2018.Attorney General Matthew J....

California Labor Investigation Leads to Felony Grand Theft Charges Against Owners of 8 Businesses

Nov 6 2023 // The California Labor Commissioner’s Office’s Criminal Investigation Unit partnered with the Los Angeles District Attorney’s Office two prosecute two Catalina Island business owners for grand theft of...

Son Eric Testifies in Trump Civil Fraud Trial He Relied on Accountants

Nov 6 2023 // With Donald Trump due on the witness stand this week, testimony from his adult sons in his civil business fraud trial wrapped up Friday with Eric Trump saying he relied completely on accountants and lawyers to assure the...

Ex-Crypto Mogul Sam Bankman-Fried Convicted of Multi-Billion Dollar FTX Fraud

Nov 3 2023 // FTX founder Sam Bankman-Fried was found guilty Nov. 2 of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former...

Uber to Pay $290M, Lyft $38M to Settle New York Wage Theft Claims

Nov 2 2023 // Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits.Attorney General Letitia James...

Four Minnesota Men Indicted in Multi-Million-Dollar Scheme to Transport Stolen Catalytic Converters

Nov 1 2023 // MINNEAPOLIS (AP) – Federal officials have charged four Minnesota men in a multi- million-dollar scheme to transport stolen catalytic converters to buyers in several states. U.S. Attorney Andrew M. Luger in Minneapolis...

Alliance of 40 Countries to Vow Not to Pay Ransom to Cybercriminals

Oct 31 2023 // Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating the hackers’ funding mechanism, a senior White House official said on Tuesday.The...

Panama Removed From Gray List of Financial Crime Watchdog FATF

Oct 30 2023 // Panama has been removed from the gray list of financial crime watchdog FATF, a register which includes countries deemed to be doing too little to combat money laundering, according to a government statement on Friday.The...

South Carolina Seeing Record Number of Insurance Fraud Complaints

Oct 30 2023 // South Carolina in 2022 saw a record number of complaints about insurance fraud, and has almost matched the number through the first 10 months of this year.And some state lawmakers are now looking into the reasons for the...

Member of Crew Tied to 490 Catalytic Converter Thefts Pleads Guilty

Oct 30 2023 // A Springfield, Massachusetts man pleaded guilty in federal court in Boston last week to his role in a regional organized theft crew that stole catalytic converters from over 490 vehicles.According to Acting U.S. Attorney...

New Jersey Man Admits Role in Interstate Luxury Car Theft Ring

Oct 27 2023 // A New Jersey man has admitted his role in a conspiracy to steal and transport across state lines luxury cars stolen from towns in New York, Connecticut, and New Jersey, reported U.S. Attorney Philip Sellinger.Malik Baker...

Bankman-Fried Could Take Stand at Fraud Trial Over FTX Collapse

Oct 26 2023 // Sam Bankman-Fried could take the stand at his fraud trial as soon as Thursday, when prosecutors are set to finish presenting their case accusing the founder of now-bankrupt cryptocurrency exchange FTX of stealing billions...

Theft of 2 Million Dimes Linked to Truck Cargo Robbery Spree

Oct 25 2023 // Federal authorities have released more details and unsealed charges in the theft of more than 2 million dimes earlier this year from a tractor-trailer that had picked up the coins from the U.S. Mint in Philadelphia.The...

California Insurance Agent Arraigned for Allegedly Stealing from Small Business Owners

Oct 24 2023 // Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation found she allegedly stole more than $62,000...

Chemours Faces Dutch Criminal Probe on Emitting Forever Chemicals

Oct 23 2023 // Chemours Co. and its legal predecessor E.I. du Pont de Nemours & Co will face a Dutch criminal investigation for the potential harmful effects of emitting forever chemicals in the Netherlands.Prosecutors said it...