All the headlines from our Fraud Topic Page, ordered by recency.
Oct 29 2012 // Susan Lee, 24, Angelique Jones, 20, and Angela Medeiros, 40, all of Sacramento, Calif. have been arrested on three felony counts each of insurance fraud.The bail for the three ranges from $20,000 to $50,000. A fourth...
Oct 26 2012 // Former insurance agent James Henry Sim, 66, of San Diego, Calif. was sentenced to a stayed term of four years and four months in state prison, the California Department of Insurance announced on Friday.Sims was taken into...
Oct 26 2012 // Bank of America Corp. employees could face civil fraud charges as part of a federal lawsuit accusing the bank of causing taxpayers more than $1 billion in losses by selling toxic mortgage loans to Fannie Mae and Freddie...
Oct 25 2012 // Authorities in Mississippi announced this week that a local motorist will spend 12 months in jail for committing insurance fraud.Motorist Johnnetta White was sentenced to three years in the custody of the Mississippi...
Oct 25 2012 // Kansas City, Mo., police officer accused of crashing his 2001 BMW for the insurance money has been suspended without pay.The Kansas City Star reported that Shawn Oden told insurers he was trying to avoid hitting two deer...
Oct 24 2012 // The United States filed a civil mortgage fraud lawsuit against Bank of America Corp., accusing it of selling thousands of toxic home loans that later defaulted to Fannie Mae and Freddie Mac, leading to more than $1 billion...
Oct 22 2012 // A U.S. trial has been set for next fall in a Chevron Corp lawsuit that accuses Ecuadorean residents, their lawyers, and advisers of fraud in obtaining a $19 billion pollution award against the U.S. oil company.U.S....
Oct 22 2012 // The Oklahoma Insurance Department and the National Insurance Crime Bureau (NICB) have teamed up to warn residents in the state’s wildfire disaster zones about contractor fraud. The department and the NICB are using...
Oct 22 2012 // Jerry Buffington, 69, and Cynthia Russell, 47, pled guilty in Kern County Superior Court to one count each of workers’ compensation insurance premium fraud and eight counts each of tax evasion and were ordered to pay...
Oct 12 2012 // Prosecutors say a woman who collected federal disability benefits while operating a fitness center has been convicted of making false statements to obtain those benefits. A jury convicted 48-year-old Darlene Altvater of...
Oct 11 2012 // New Jersey authorities announced that a Burlington County company has pleaded guilty for under-reporting the number of its employees and wages to evade the full payment of workers’ compensation insurance premiums....
Oct 10 2012 // The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo & Co, the latest legal volley against big banks for their lending during the housing boom.The complaint, brought by the U.S....
Oct 9 2012 // A teaching assistant in Southern California has been arrested on several felony counts of workers’ compensation fraud.Gerard Padilla, 45, an employee of the Los Angeles County Office of Education, has been arrested...
Oct 9 2012 // Tennessee’s Department of Commerce and Insurance and the Davidson County Sheriff’s office are teaming up to promote identity theft awareness. The two agencies will host a free shredding event from 10 a.m. until...
Oct 9 2012 // Forty-five percent of insurers estimated that insurance fraud costs represent 5-10 percent of their claims volume, while 32 percent said the ratio is as high as 20 percent.This is according to a survey of U.S. insurers...
Oct 8 2012 // A new website launched last month by the Opelousas Police Department to help the rightful owners to recover their stolen property is producing results.Police Chief Perry Gallow told The Daily World he personally returned...
Oct 5 2012 // United States Attorney for the Western District of Texas Robert Pitman announced that the San Antonio Police Department and the Austin Police Department will each receive $200,000 in federal grant money to combat the...
Oct 5 2012 // Jerry Buffington, 69, and Cynthia Russell, 47, have pled guilty in Kern County Superior Court to one count each of workers’ compensation insurance premium fraud and eight counts each of tax evasion and were ordered...
Oct 5 2012 // CNA, a global business insurer, is now using CargoNet and the National Equipment Register (NER) — two national information sharing systems designed to help policyholders combat the growing problems of cargo and heavy...
Oct 4 2012 // The National Association of Insurance Commissioners (NAIC) is a non-profit entity that acts as the trade association for state insurance commissioners.Although the NAIC may play a central role in regulation of the...