All the headlines from our Fraud Topic Page, ordered by recency.
Jan 22 2014 // Two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise, according to a South Texas police...
Jan 21 2014 // New York Attorney General Eric Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years after Governor Andrew Cuomo created a regulator with a similar mandate.Gary Fishman, 44,...
Jan 17 2014 // Aon Global Risk Consulting, the risk management consulting arm of Aon plc has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected...
Jan 15 2014 // A Newark, New Jersey, police officer who had his sport utility vehicle set on fire and then filed a false insurance claim has been spared a prison term. Essex County prosecutors in New Jersey say 41-year-old Johnathan...
Jan 13 2014 // It may come as a surprise to some that the typical fraudster in the workplace is not the bad-attitude ne’er-do-well that slinks off into the corner when faced with new responsibilities and additional tasks. Rather,...
Jan 13 2014 // Most occupational frauds are discovered by an anonymous tip, experts say, and fraud reporting mechanisms such as hotlines are encouraged as effective means of uncovering and discouraging employee fraud.The Association of...
Jan 10 2014 // The primary owner and operator of a third-party insurance administrator in New Jersey has been sentenced to seven years in state prison after being convicted at trial of stealing approximately half a million dollars from a...
Jan 10 2014 // The former workers’ compensation claims chief for the Texas Association of School Boards admits to stealing more than $500,000 from the group’s insurance fund. Federal prosecutors say Herman G. Wilks pleaded...
Jan 9 2014 // The owner of a southwest Ohio roofing company has pleaded guilty to charges of employing immigrants who are in the country illegally, filing false tax documents and insurance fraud.Gregory Oldiges, 55, could be sentenced...
Jan 8 2014 // The Internal Revenue Service started 1,492 criminal investigations into the use of tax returns to commit identity theft in the year that ended Sept. 30, a 66 percent increase, the agency said today.The data release comes...
Jan 8 2014 // More than 100 retirees, most of whom worked for the New York City police and fire departments, were charged with stealing benefits from a federal disability program by lying about psychiatric conditions.Manhattan District...
Jan 7 2014 // Prudential Financial Inc. agreed to dismiss its claims that Goldman Sachs Group Inc. engaged in fraud and racketeering in selling $375 million of residential mortgage-backed securities, a court order shows.U.S. District...
Jan 5 2014 // Ohio has begun testing a scrap metal sales database in its effort to curb widespread metal thefts.The Dayton Daily News reports that the Ohio Department of Public Safety is working with selected dealers to input sales...
Dec 31 2013 // A laptop stolen from an auditor’s car contained the personal information of more than 3,400 members of the South Carolina Health Insurance Pool, an attorney hired by the pool told The Associated Press on Monday.The...
Dec 24 2013 // Investigators believe that overseas hackers were responsible for the cyber attack on U.S. retailer Target Corp. that compromised up to 40 million payment cards during the first three weeks of the holiday shopping season, a...
Dec 23 2013 // An investigation by Washington Insurance Commissioner Mike Kreidler’s office has resulted in charges of theft and fraud against a Tacoma woman who attempted to collect insurance money for a car she claimed was stolen...
Dec 22 2013 // A northern New Jersey chiropractor was sentenced to state prison for causing false documentation to be submitted to insurance companies and subsequently receiving over $89,000 to which he was not entitled.Joseph Salomone,...
Dec 22 2013 // Authorities have charged the head of a central New Jersey roofing company with stealing more than $265,000 through alleged insurance fraud.The state attorney general’s office says Charles Kelcy Pegler Sr., was...
Dec 20 2013 // Target Corp.’s data breach headache may be an opportunity for insurance carriers, insurance agents, risk managers and businesses to spread the word about cyber risk – although the message is bit of a scary one.The...
Dec 20 2013 // A 76-year-old Providence, Rhode Island, woman must pay $10,000 in restitution on a charge of obtaining money under false pretenses for allegedly collecting workers’ compensation benefits while she was employed. The...