Latest Fraud Headlines

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

Target Closes Nine NYC, West Coast Stores to Stop Losses From Rising Theft

Sep 27 2023 // Target Corp. is closing nine stores in four states to stem losses from rising retail theft.One Manhattan location will be shuttered, along with two in Seattle, three in Northern California and three in Portland, Oregon,...

Trump Found Liable for Fraud in New York Attorney General’s Case

Sep 27 2023 // Donald Trump was found liable for fraud for exaggerating his net worth by billions of dollars a year on financial records submitted to banks and insurers, a major blow to the former president in the biggest civil case...

Insurance Broker in Menendez Corruption Case Allegedly Got Senator’s Help With Fraud Case

Sep 27 2023 // The defendants in the corruption case involving U.S. Senator Robert Menendez include a former New Jersey insurance broker who was convicted of premium fraud in 2011 and lost his insurance license.Jose Uribe allegedly got...

Kansas Woman Sentenced for Insurance Fraud

Sep 26 2023 // A Kansas woman has been sentenced to 18 months of probation for insurance fraud, the Kansas Insurance Department (KID) announced.Carolyn Engelhardt, age 30, pleaded guilty in the District Court of Norton County on July 25,...

Warrant Issued for Former Washington Lawyer Accused of Stealing Insurance Settlement

Sep 25 2023 // A Bothell, Washington man was added to Insurance Commissioner Mike Kreidler’s Insurance Fraud Most Wanted list.Clinton Jonathan “Sonny” Behrends failed to appear at his arraignment after being charged by...

Former Minnesota Insurance Broker Charged with Fraud, Allegedly Earned $650,000 in Improper Commissions

Sep 22 2023 // A former Minnesota insurance broker has been charged with fraud for allegedly inventing customers and fake Social Security numbers to earn nearly $650,000 in improper commissions.Kevin Anthony Meyers, 48, allegedly...

Law Enforcement Seizes Museums’ Artworks Believed Stolen During Holocaust

Sep 20 2023 // Three artworks believed stolen during the Holocaust from a Jewish art collector and entertainer have been seized from museums in three different states by New York law enforcement authorities.The artworks by Austrian...

New York Attorney Changes Plea in Ponzi, Auto Insurance Fraud Scheme

Sep 19 2023 // A disbarred New York attorney has changed his plea to guilty in connection with an $19 million Ponzi scheme and a $30 million auto insurance fraud.Robert Wisnicki, 44, of Forest Hills, pleaded to guilty to conspiracy to...

Thieves Swarm Luxury Malls in Southern California and Other Areas, Driving Retail Crime to $100B

Sep 19 2023 // It took just minutes for more than 20 thieves, clad in hoods and masks, to swarm the Nordstrom store in the Westfield Topanga shopping center and make off with $300,000 of handbags and other luxury items. A security guard...

Blockchain Analysts Suspect N. Korea-Linked Hackers Behind $70M Crypto Theft

Sep 18 2023 // Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx.CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly...

Feds Tell Banks to Be on Alert for Payroll, Work Comp Premium Fraud Schemes

Sep 15 2023 // A US Treasury Department unit that investigates financial crimes has directed banks to send alerts when they come across suspicious activity that indicates a business is using check cashing companies to avoid payroll taxes...

Art Dealer to Rich and Famous Faces Millions in Fraud Claims

Sep 14 2023 // A high-profile New York art adviser with outposts in Tribeca and London is accused of withholding millions of dollars worth of artwork and cash from her clients, leaving collectors and galleries to line up in a court case...

Iowa Men Face Felony Charges for Workers’ Comp Insurance Fraud

Sep 13 2023 // A pair of Iowa men were charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau.Trey Wysocki, age 40, of New Virginia was charged with one count of Insurance Fraud...

Hyundai, Kia Urge Court to Reject Cities’ TikTok-Inspired Theft Lawsuits

Sep 13 2023 // Korean automakers Hyundai Motor and Kia Corp on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities for failing to install anti-theft technology in millions of their vehicles.The lawsuits come after thousands...

Carolina Insurance Agent Charged with ID Theft, Taking out Secret Life Policy

Sep 11 2023 // North Carolina authorities have charged a Charlotte-area insurance agent with identity theft after he reportedly took out a life insurance policy without the man’s knowledge. Derek Urban Ezzell, 56, a multi-lines...

New York Ups Workers’ Compensation Benefits; Targets Wage Theft, ‘Captive Audience’ Meetings

Sep 11 2023 // New York Gov. Kathy Hochul has signed three bills into law that affect workers, including one raising the minimum disability benefit under workers’ compensation over three years.The second new law prohibits employers...

Walgreens to Pay $44 Million to Settle Theranos Fraud Claims

Sep 8 2023 // Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed blood tests in Arizona and California through the pharmacy chain’s partnership with Theranos...

Arrests Made in ‘Family and Friend’ Auto Insurance Fraud Ring

Sep 4 2023 // An alleged “family and friend” organized auto insurance fraud ring in California was broken up by the Urban Automobile Insurance Fraud Task Force when seven people were arrested on Wednesday in connection to...

Washington Roofer Who Faked Injury Pleads Guilty to Workers’ Comp Fraud

Sep 1 2023 // A Pierce County, Washington man who removed and installed roofs while claiming he was too injured to work has pleaded guilty to stealing workers’ compensation benefits.Patrick Dean Farthing, 64, pleaded guilty...

FBI, European Partners Seize Major Malware Network in Blow to Global Cybercrime

Aug 31 2023 // U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major malware network used for more than 15 years to commit a gamut of online crimes including crippling ransomware...