All the headlines from our Fraud Topic Page, ordered by recency.
Jul 30 2012 // North Carolina insurance department announced last week the arrest of Debra Gail Hodges, 41, of 5009 Inverness Drive, Fayetteville; she is charged with one count each of insurance fraud, attempted insurance fraud,...
Jul 30 2012 // When Peregrine Financial collapsed earlier this month, a nagging question resurfaced. As in the implosion of Lehman Brothers, the fall of Bernard Madoff and other cases in recent years, many asked: Where were the...
Jul 27 2012 // A southeastern Ohio health system is hoping a fingerprint collection program will help it cut down on prescription painkiller abuse.Brent Saunders, board chairman at Holzer Health Systems in Gallipolis says painkiller...
Jul 26 2012 // Ironshore Inc. has launched a specialty commercial crime product to be offered by its Lloyd’s Pembroke Syndicate 4000, based in London. Offering coverage limits up to GBP 20 million, Ironshore’s commercial...
Jul 25 2012 // A former northwestern Indiana nose surgeon who was once the subject of an international dragnet before being captured on an Italian mountainside after five years on the run has pleaded guilty to 22 counts of health care...
Jul 23 2012 // The New York Insurance Association said this month the Buffalo-Niagara Falls metropolitan area has the highest vehicle theft rate in New York State. The region had a vehicle theft rate of 161.19 thefts per 100,000...
Jul 20 2012 // A Dickinson, N.D., insurance agent is accused of stealing $30,000 from a customer three years ago to buy gold coins and make a payment on his credit card.Scott Biggs is charged with five felonies. The most serious carries...
Jul 19 2012 // An insurance agent from Butte, Mont. who pleaded guilty to stealing more than $7,200 of his client’s premiums has been given a three-year deferred sentence and ordered to pay restitution. State Insurance Commissioner...
Jul 18 2012 // Four former recruiters at the Academy of Art University in San Francisco are accusing school officials of using an illegal compensation plan to cheat the federal government out of millions of dollars in financial aid, the...
Jul 18 2012 // The Missouri attorney general’s office has reached a deal with some former employees of US Fidelis allowing compensation for being laid off without proper warning.US Fidelis was once a leading seller of vehicle...
Jul 18 2012 // Bank of America Corp. has agreed to pay $375 million to settle a case brought by bond insurer Syncora Guarantee over toxic mortgage-backed securities at the center of the 2008 financial crisis.Syncora sued Bank of America...
Jul 17 2012 // Four new Hawaii laws are aimed at curbing cybercrimes.Gov. Neil Abercrombie recently signed bills to combat cyberbullying, to prohibit adults from soliciting minors to electronically transmit nude images of minors and to...
Jul 12 2012 // The New York Insurance Association said Thursday the Buffalo-Niagara Falls metropolitan area has the highest vehicle theft rate in New York State. The region had a vehicle theft rate of 161.19 thefts per 100,000...
Jul 5 2012 // A Tacoma, Wash. man is facing attempted theft and insurance fraud charges after filing a $20,000 claim for a fictitious dead cat, using pet photos he lifted off the internet.“We’ve handled some pretty unusual...
Jul 3 2012 // Massachusetts officials said two men — including a former claims manager — have been indicted in connection with a scheme to fraudulently collect an insurance payment of more than $23,000.“We allege that...
Jul 2 2012 // A trio of constitutionally questionable measures and legislation designed to crack down on no-fault auto insurance fraud are among about 150 new Florida laws going into effect Sunday.A law that bans state and local...
Jul 2 2012 // The National Insurance Crime Bureau reported 2011 is on track for another consecutive year of declining vehicle thefts, but California still dominates the top 10 list for areas highest auto theft rates.Seven of the top 10...
Jul 2 2012 // Five former executives of American International Group Inc and Berkshire Hathaway Inc unit Gen Re admitted to conducting a fraudulent reinsurance transaction on June 22 as part of a deal to end a years-long criminal case...
Jul 2 2012 // One of three former Nebraska insurance agents accused of defrauding more than 250 investors out of $29 million has pleaded guilty and agreed to help prosecutors.The Grand Island Independent reported that Kenneth Mottin, of...
Jul 2 2012 // National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed...