All the headlines from our Fraud Topic Page, ordered by recency.
Jan 16 2013 // Two South Florida mothers have been sentenced to prison for their roles in staging car accidents to commit fraud on insurers.Federal prosecutors said that 42-year-old Ana Ovando of West Palm Beach was sentenced to more...
Jan 14 2013 // The owners of two South Dakota tree farms linked to a Federal Crop Insurance Program fraud case have agreed to pay the federal government $170,000 to settle the case.The payment settled allegations Black Hills Tree Farm...
Jan 11 2013 // A former Prairieville, La., resident is accused of stealing more than $215,000 from workers’ compensation cases and a service firm that managed those cases for insurance companies.Assistant U.S. Attorney Cam T. Le...
Jan 10 2013 // A man who, along with two others, falsely used the names of two well-known insurance groups in a scheme to swindle elderly people out of millions of dollars has been sentenced to prison in North Texas.Adley Husni...
Dec 28 2012 // Authorities said a New York-based insurance agency owner has been charged with allegedly issuing fraudulent certificates of insurance.The New York State Police announced on Dec. 22 that Walter Davis, the owner of W. Davis...
Dec 27 2012 // In a decision that could make it easier for businesses to police cybertheft in the workplace, a U.S. appeals court revived a chemical company’s lawsuit accusing a former Toronto-area employee of using her home...
Dec 26 2012 // A former police officer in a southwestern Illinois village is accused of collecting nearly $190,000 in fraudulent benefits.A Madison County grand jury indicted 43-year-old Richard Turner of Glen Carbon on Thursday of two...
Dec 26 2012 // Federal authorities announced last week that a North Carolina farmer pleaded guilty to conspiracy to commit fraud on the federal crop insurance program for payments worth over $1 million.According to authorities, Harry...
Dec 19 2012 // A South Carolina judge has sentenced the 58-year-old ringleader of a scheme to cut off the hand of a mentally disabled man to collect insurance money. Federal prosecutors said David Player controlled the man’s...
Dec 19 2012 // Swiss bank UBS swallowed a $1.5 billion fine and admitted to fraud on Wednesday after a global probe revealed its staff orchestrated the manipulation of benchmark interest rates over three continents.UBS traders colluded...
Dec 18 2012 // Tennessee authorities announced recently that a Memphis business owner had been indicted for alleged workers’ compensation fraud.The state grand jury for Shelby County indicted Richard Nobles for four counts of...
Dec 17 2012 // Beau Michael Guidry of Baton Rouge, La., has been sentenced in connection with an odometer tampering scheme that defrauded victims in and around Louisiana, the Justice Department announced.U.S. District Judge for the...
Dec 17 2012 // Authorities say a veteran Las Vegas traffic officer has been suspended without pay following his arrest on felony fraud charges in a workers’ compensation case that has now been turned over to the Nevada attorney...
Dec 17 2012 // This issue identifies certain developments insurance professionals can expect in the new year. Beyond those mentioned in the articles in this issue, there is one thing everyone can expect that would require its own...
Dec 14 2012 // The Oklahoma Insurance Department faced intense criticism after a report revealed it spent more than $180,000 on high-tech shotguns, bulletproof vests and seven police-package vehicles for its anti-fraud unit. Now, the...
Dec 12 2012 // When a Southern California family was convicted of workers’ compensation insurance premium fraud, it wasn’t due to sophisticated software, a supercomputer or even high-tech surveillance techniques.It was the...
Dec 12 2012 // U.S. securities regulators charged a New Jersey-based consultant on Tuesday with defrauding investors in the China-based companies he helped make public through a backdoor method known as a “reverse merger.”The...
Dec 11 2012 // The Chubb Group of Insurance Companies has launched a new endorsement to help protect community banks from a more than three-fold increase in fraudulent online commercial transactions. The new endorsement to the ForeFront...
Dec 11 2012 // Officials say the record number of insurance-fraud allegations in Ohio this year can be partly attributed to better reporting of suspected incidents and difficult economic times that push some people into illegal...
Dec 10 2012 // Ohio has created an online registry to try to cut down on scrap metal thefts.The online registry of scrap metal and bulk merchandise dealers is part of Ohio’s Homeland Security Website. It’s designed to crack...