All the headlines from our Fraud Topic Page, ordered by recency.
Nov 4 2013 // A federal investigation into a multi-million-dollar workers’ compensation scheme extended to the Bank of Mingo in West Virginia, where authorities seized computer drives and documents.FBI Special Agent James Lafferty...
Nov 4 2013 // Worker’s Comp Fraud“Thranow cheated both his workers’ compensation insurer and the state of California out of nearly $100,000, and by doing so passed the cost of his fraud onto consumers across the...
Nov 4 2013 // Fraud remains a big threat to businesses, and new technologies are creating new ways for employees to embezzle and rip off their company.“The 2012 Marquet Report on Embezzlement” shows that the number of major...
Nov 1 2013 // A former Kansas City municipal court employee has pleaded guilty in a scheme to use an insurance member benefit program to illegally rack up tens of thousands of dollars in gift cards. The U.S. attorney’s office says...
Oct 31 2013 // An FBI investigation shows that state Sen. Ronald Calderon accepted bribes from a hospital executive in Southern California who ran an alleged workers’ compensation scheme, the Al Jazeera America news outlet is...
Oct 31 2013 // Brookdale Lodge owner Sanjiv Kakkar, 52, was sentenced to 364 days in jail and three years of probation after pleading no contest for two felony counts including insurance premium fraud and failing to maintain...
Oct 29 2013 // One year after Superstorm Sandy struck the state, New Jersey Department of Banking and Insurance (DOBI) Commissioner Ken Kobylowski is cautioning consumers to remain vigilant about insurance fraud.“Each year,...
Oct 29 2013 // The U.S. Department of Justice appeared to have struck gold last week with the law it wielded against one of the nation’s largest banks over conduct that fueled the financial crisis.To convince a jury that Bank of...
Oct 25 2013 // The Texas Department of Public Safety (DPS) announced that a multi-agency law enforcement initiative, dubbed Operation Strong Safety, that targeted crime, unsafe commercial vehicles and unsafe driving practices has been...
Oct 25 2013 // A Central Texas medical group has notified Austin police about the theft of a laptop computer with personal data from patients.Officials with Seton Healthcare Family on Oct. 22 announced the theft and its commitment to...
Oct 24 2013 // California Insurance Commissioner Dave Jones awarded $32 million in grants to district attorneys across 36 counties in the state to combat workers’ compensation fraud. The grants, funded through employer assessments,...
Oct 24 2013 // A report this month from the National Insurance Crime Bureau (NICB) shows five of the top 10 states nationwide with the most reported heavy equipment thefts are from the Southeast region.In NICB’s “Equipment...
Oct 24 2013 // Bank of America Corp. was found liable for fraud on Wednesday over defective mortgages sold by its Countrywide unit, a major win for the U.S. government in one of the few trials stemming from the financial crisis.After a...
Oct 23 2013 // North Carolina’s Insurance Commissioner Wayne Goodwin this week announced the arrest of two people in an alleged insurance fraud scheme involving a staged auto accident in Pitt County.The state insurance...
Oct 22 2013 // The owner of a Northern California construction company and his family members in were convicted of committing workers’ compensation insurance premium fraud.Jeffrey Thranow, 59, owner of Costa Bella Builders was...
Oct 21 2013 // A Florida man who worked for a now-defunct southern New Jersey construction company has been sentenced to seven years in state prison for his role in a home-repairs scam.. The New Jersey attorney general’s...
Oct 21 2013 // Businesses both large and small, across industries, fall victim to data breaches every day. One of the top targeted industries remains financial services. Top financial institutions have made headlines in a string of...
Oct 21 2013 // A former workers’ compensation auditor in West Virginia has been sentenced to six years in federal prison for taking bribes in exchange for allowing coal company contractors to underreport their payroll.Prosecutors...
Oct 17 2013 // A federal investigation into a multi-million-dollar workers’ compensation scheme extended to the Bank of Mingo in southern West Virginia, where authorities seized computer hard drives and documents.FBI Special Agent...
Oct 16 2013 // A Florida clinic owner is facing up to 75 years in prison for being involved in a scheme to fraudulently obtain medical payments under the state’s no-fault auto insurance law.State investigators said they found that...