All the headlines from our Fraud Topic Page, ordered by recency.
Jun 2 2014 // Three more defendants in a $1 million arson insurance scheme in Logan, West Virginia, have been sentenced to prison. U.S. Attorney Booth Goodwin said the three were sentenced to a total of 25 years in prison for their...
Jun 2 2014 // Richard Gergasko, CEO of workers’ compensation insurer, Texas Mutual Insurance Co., describes himself as an insurance geek. Trained as an actuary, he’s been involved in the insurance business for 30 years. With...
Jun 2 2014 // A four-year investigation into an organized fraud ring has uncovered a million-dollar scheme targeting high-end vehicles through auto loan and insurance fraud has led to several arrests, the California Department of...
Jun 2 2014 // Betsy Montgomery, drove the same car on her 55th birthday that she drove as a 15-year-old living in south Jackson, Mississippi – a 1966 red Mustang that her dad bought from the original owner in 1973.How she got the...
May 30 2014 // The Philadelphia district attorney’s office has charged 41 people for what prosecutors described as a multi-million dollar auto insurance fraud scheme.Prosecutors allege Ronald Galati Sr. and his co-conspirators ran...
May 30 2014 // The Association of British Insurers latest study concludes that “the value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion [$2.177 billion] in 2013, up 18 percent on the previous...
May 29 2014 // Argo Pro, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has expanded its line of management liability insurance products with a new...
May 29 2014 // By snapping a picture with his mobile phone, Hersh Tapadia demonstrated how an app developed by the Durham-based anti-counterfeiting technology company CertiRx Corp. could find fraudulent changes on a prescription drug...
May 23 2014 // A four-year investigation into an organized fraud ring has uncovered a million-dollar scheme targeting high-end vehicles through auto loan and insurance fraud has led to several arrests, according to the California...
May 23 2014 // Despite a federal court order against their current law, Missouri legislators voted to toughen requirements even further for people seeking to work as insurance guides under President Barack Obama’s health care law.A...
May 19 2014 // FrankCrum, a national professional employer organization, added Rodney Vaughn as broker manager, responsible for increasing the company’s presence in Texas, and forging relationships with insurance agents and...
May 13 2014 // New Jersey authorities are warning local residents about potential Superstorm Sandy recovery program scams.Officials are advising Sandy recovery program participants to be cautious when contacted by home visit, email, or...
May 13 2014 // Montreal, Maine & Atlantic Railway Ltd. and three of its employees have been charged with criminal negligence in connection with the derailment and explosion of a train in Lac-Megantic last year, Quebec’s...
May 12 2014 // A Tulsa insurance agent has pleaded guilty to exploitation of the elderly for defrauding a Muskogee couple out of nearly $300,000, the Oklahoma Insurance Department announced. Presley Keith Dennis was arrested in January...
May 12 2014 // Wisconsin attorney general hopeful Susan Happ isn’t convinced criminalizing first-time drunken driving offenses would be the right move. Happ told a WisPolitics.com luncheon that first-time drunken drivers already...
May 9 2014 // Ohio continues to lead the nation in metal thefts, with 1,446 insurance claims made last year, according to a new report.A National Insurance Crime Bureau report said the state reported more than 4,000 claims from 2011...
May 8 2014 // Lt. Donald McWhorter is the 2014 Texas Department of Insurance (TDI) Fraud Unit Employee of the Year. McWhorter was recognized for his successful career in law enforcement and fraud investigation during the 16th Annual TDI...
May 7 2014 // Another former executive of a prominent New York City charity has pleaded guilty to conspiracy and grand larceny in what authorities now call a scheme to steal $9 million over two decades.Herbert Friedman, ex-chief...
May 6 2014 // With gas prices close to $4 per gallon, Terre Haute resident Russell Moffatt had been happy to park his gas-guzzling pickup truck in favor of a fuel efficient mo-ped that he could ride to work.That is, until someone stole...
May 6 2014 // You won’t find security expert Michael Chertoff doing silly everyday things like using public WiFi, logging in with the same password on every site he uses, clicking on dubious links or falling for a phishing...