All the headlines from our Fraud Topic Page, ordered by recency.
Dec 10 2012 // Detroit officials say they’re making plans to lay off 400 to 500 city employees in the new year, roughly 5 percent of the workforce. The disclosure was made Dec. 7 as Mayor Dave Bing said he has enough votes in the...
Dec 7 2012 // Two former executives of the now defunct insurance agency franchising firm, Brooke Corp., have been indicted on federal financial fraud charges, according to the U.S. Attorney’s Office in Kansas.A federal grand jury...
Dec 4 2012 // The 53-page document reads more like a screenplay than a lawsuit. If Jerald Batoff’s claim is true, that’s how it may end up.More than seven months after his historic Main Line home, a 24,000-square-foot estate...
Dec 4 2012 // Defending his agency’s expenditures on weapons and police vehicles for use by its anti-fraud unit, Oklahoma’s top insurance regulator said the purchases help ensure the safety of investigators and are not paid...
Dec 3 2012 // A former Florida prison guard is free on bond after being charged with faking illness to fraudulently collect more than $2.7 million in workers’ compensation.Authorities said David Brownell was arrested last week in...
Dec 3 2012 // The Oklahoma Insurance Department spent more than $180,000 on high-tech shotguns, bulletproof vests and seven police-package vehicles that agency officials say were needed as part of its expanded focus on criminal...
Dec 3 2012 // Insurers are restricting the availability of theft and vandalism coverage in the vacant property insurance market, where there is still plenty of available business.Vacant property provided a boost for some insurers...
Nov 30 2012 // Continental Airlines was cleared on Thursday of criminal responsibility for the Concorde crash in Paris in 2000 that killed 113 people, with a French court also absolving a mechanic at the U.S. airline of involuntary...
Nov 29 2012 // “Cyber attacks are a reality and companies need to prepare themselves,” warns Munich Re in a recently released study – “Cost of Cyber Crime” – conducted by the Ponemon Institute....
Nov 28 2012 // A former Lafayette cardiologist is asking to remain free pending a request that the U.S. Supreme Court hear an appeal of his 2009 health-care fraud conviction and 10-year prison sentence.The Advocate reports Dr. Mehmood M....
Nov 28 2012 // Orange County prosecutors say four people have been convicted of crimes relating to a $154 million medical fraud scheme in which hundreds of healthy patients underwent unnecessary surgeries to fraudulently bill insurance...
Nov 21 2012 // Two former associates of R. Allen Stanford have been convicted of fraud for trying to help the imprisoned U.S. financier conceal a $7 billion Ponzi scheme.Prosecutors in Houston say 70-year-old Gilbert Lopez Jr. and...
Nov 14 2012 // A South Carolina man has been ordered to repay the Ohio Bureau of Workers’ Compensation (BWC) more than $140,000 for holding several jobs and concealing earnings while receiving permanent disability benefits, BWC...
Nov 6 2012 // Louisiana Commissioner of Insurance Jim Donelon reported that the number of vehicle thefts in Louisiana has declined nearly 42 percent over a five-year period from 2006 through 2011.The latest figures from the FBI Uniform...
Nov 5 2012 // The Bermuda-based Armour Group announced that an affiliate has completed a majority investment in Armour Intelligence Limited, a UK-based service, created by its founder and CEO, former Brigadier David Montgomery, to...
Nov 5 2012 // The National Association of Insurance Commissioners (NAIC) acts as the trade association for state insurance commissioners. The Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) delegated to the NAIC responsibility for...
Nov 5 2012 // The government says the number of violent crimes rose by 18 percent in the United States while the rate of total property crime increased 11 percent, from 125.4 to 138.7 victimizations per 1,000 households between 2010 and...
Nov 5 2012 // Insurance Commissioner Jim Donelon says Louisiana is “is actively engaged in the prevention of insurance fraud and vehicle theft.” According to the Louisiana Department of Insurance, the number of auto thefts...
Nov 5 2012 // The government says the number of violent crimes rose by 18 percent in the United States while the rate of total property crime increased 11 percent, from 125.4 to 138.7 victimizations per 1,000 households between 2010 and...
Nov 2 2012 // A former North Texas insurance salesman has been sentenced to 10 years in prison and must repay more than $9.3 million in a fraud case.Federal prosecutors in Dallas say 76-year-old Robert Hague-Rogers of Frisco wrongly...