Latest Fraud Headlines

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

BP Shareholders Seek Class Action Status for Suit Over Gulf Spill

Jun 16 2013 // BP Plc’s U.S. investors asked a federal court to grant class action, or group, status for their lawsuit claiming the company misled them before and after the 2010 spill in the Gulf of Mexico.The investors, led by the...

U.S. Sues BMW, Dollar General Over Use of Criminal Records in Hiring

Jun 14 2013 // The Equal Employment Opportunity Commission filed lawsuits this week against discount retailer Dollar General Corp. and a BMW manufacturing plant in South Carolina over their use of criminal background checks to screen out...

Hiscox Adds Crime, Data Breach, Privacy Options to PL Portfolio

Jun 13 2013 // Hiscox has launched phase two of their Hiscox Professional Liability Portfolio, adding two additional coverage options to the existing portfolio. Professional services firms can now add crime and data breach and privacy...

Iowa Pharmacist ‘Vehemently Denies’ Fraud Charges

Jun 13 2013 // An Iowa City pharmacist will contest federal criminal charges alleging that he improperly filed insurance claims for expensive drugs needed to treat patients with hemophilia, his attorney said.Michael F. Stein made an...

U.S. Charges 8 with Cybercrime Against Financial Institutions, Government

Jun 13 2013 // Federal prosecutors in New Jersey on Wednesday unveiled criminal charges against eight people accused of trying to steal at least $15 million from U.S. customers in an international cybercrime scheme targeting accounts at...

Former Va. Insurance Agent Pleads Guilty to Fraud

Jun 12 2013 // A former Charlottesville, Virginia, insurance agent has been sentenced to seven months behind bars for duping customers who believed they were buying insurance from him.The U.S. Attorney’s Office says 32-year-old...

Willis Launches ‘CRIMEstar’ – All Risks Cover for Commercial Crime

Jun 11 2013 // Willis Group Holdings has launched “CRIMEstar,” which it describes as a “new commercial crime all risks wording, in response to the growing threat to businesses from fraud and other criminal activity. The...

North Carolinian on ‘Price Is Right’ Pleads to Workers’ Comp Fraud

Jun 10 2013 // A U.S. Postal Service employee from eastern North Carolina who was seen spinning the Big Wheel on TV’s “The Price Is Right” even though she had said she could not deliver the mail has pleaded guilty to...

Oklahoma Steps Up Fraud Fight in Disaster Zones

Jun 7 2013 // Oklahoma is stepping up its efforts to fight fraud in storm-devastated areas of the state with the assistance of the National Association of Insurance Commissioners (NAIC) and the North Carolina Department of...

H.E.A.T.: Unconventional Auto-Related Crimes Increasing in Michigan

Jun 7 2013 // Auto thefts in Michigan are in a five-year decline, but other forms of vehicle-related crime are on the rise, according to Help Eliminate Auto Thefts (H.E.A.T.), a statewide insurance industry-funded theft prevention...

New Position to Target Workers’ Comp Fraud in Rhode Island

Jun 6 2013 // Officials in Rhode Island are creating a new position to prosecute fraud in the state’s unemployment and workers’ compensation program.The state’s Department of Labor and Training announced the new...

Montana Man Pleads Guilty In Workers’ Comp Fraud Case

Jun 6 2013 // A 76-year-old Havre, Mont. man has pleaded guilty to mail fraud in a case for failing to report that he owned a profitable business while receiving more than $277,000 in federal worker’s compensation benefits from...

Pentecostal Bishop in Philadelphia Charged With Insurance Fraud

Jun 3 2013 // A Philadelphia bishop has been charged with insurance fraud related to water damage that his Pentecostal church sustained.State investigators say Bishop Benjamin Fisher of the Greater Bethel Temple in northeast...

Property Crime Down, Violent Crime Up in 2012: FBI

Jun 3 2013 // The nation experienced a 1.2 percent increase in the number of violent crimes and a 0.8 percent decline in the number of property crimes in 2012 when compared with data from 2011, the FBI said.Violent crime increased in...

Florida Alleged Insurance Fraud Leader Found Competent for Trial

Jun 3 2013 // The alleged leader of an $800 million South Florida insurance fraud scheme has been found competent to stand trial despite severe pain from a spinal cord ailment that requires him to take powerful drugs including...

Michigan Broker Gets 5 Years in $1M Fraud Case

May 31 2013 // A northern Michigan insurance broker accused of fleecing elderly clients out of more than $1 million has been sentenced to 5 years in federal prison.Prosecutors say William Lowder persuaded clients to change their...

Greenberg Should Face Trial as ‘Deterrent,’ Says New York State

May 29 2013 // Hank Greenberg should still face trial over sham transactions he is accused of orchestrating while he was head of American International Group, even though New York has dropped most of its claims against him, a lawyer for...

North Carolina’s Hagan Amends Senate Farm Bill to Address Crop Fraud

May 29 2013 // A measure championed by U.S. Sen. Kay Hagan adds $5 million in new funding to the 2013 farm bill to help root out crop insurance fraud. The Senate approved Hagan’s amendment last week by a vote of 94-0. The money...

Greenberg Seeks Dismissal of Spitzer Reinsurance Lawsuit

May 28 2013 // New York’s highest court will hear arguments on Tuesday on whether to dismiss a lawsuit accusing Hank Greenberg of orchestrating sham transactions when he was head of insurance company American International Group...

2 Sentenced for Insurance Fraud in Ohio

May 24 2013 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that two insurance fraud investigations have led to criminal convictions in the Columbus and Cleveland areas. The cases were related to...