Latest Fraud Headlines

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

New York Attorney Changes Plea in Ponzi, Auto Insurance Fraud Scheme

Sep 19 2023 // A disbarred New York attorney has changed his plea to guilty in connection with an $19 million Ponzi scheme and a $30 million auto insurance fraud.Robert Wisnicki, 44, of Forest Hills, pleaded to guilty to conspiracy to...

Thieves Swarm Luxury Malls in Southern California and Other Areas, Driving Retail Crime to $100B

Sep 19 2023 // It took just minutes for more than 20 thieves, clad in hoods and masks, to swarm the Nordstrom store in the Westfield Topanga shopping center and make off with $300,000 of handbags and other luxury items. A security guard...

Blockchain Analysts Suspect N. Korea-Linked Hackers Behind $70M Crypto Theft

Sep 18 2023 // Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx.CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly...

Feds Tell Banks to Be on Alert for Payroll, Work Comp Premium Fraud Schemes

Sep 15 2023 // A US Treasury Department unit that investigates financial crimes has directed banks to send alerts when they come across suspicious activity that indicates a business is using check cashing companies to avoid payroll taxes...

Art Dealer to Rich and Famous Faces Millions in Fraud Claims

Sep 14 2023 // A high-profile New York art adviser with outposts in Tribeca and London is accused of withholding millions of dollars worth of artwork and cash from her clients, leaving collectors and galleries to line up in a court case...

Iowa Men Face Felony Charges for Workers’ Comp Insurance Fraud

Sep 13 2023 // A pair of Iowa men were charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau.Trey Wysocki, age 40, of New Virginia was charged with one count of Insurance Fraud...

Hyundai, Kia Urge Court to Reject Cities’ TikTok-Inspired Theft Lawsuits

Sep 13 2023 // Korean automakers Hyundai Motor and Kia Corp on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities for failing to install anti-theft technology in millions of their vehicles.The lawsuits come after thousands...

Carolina Insurance Agent Charged with ID Theft, Taking out Secret Life Policy

Sep 11 2023 // North Carolina authorities have charged a Charlotte-area insurance agent with identity theft after he reportedly took out a life insurance policy without the man’s knowledge. Derek Urban Ezzell, 56, a multi-lines...

New York Ups Workers’ Compensation Benefits; Targets Wage Theft, ‘Captive Audience’ Meetings

Sep 11 2023 // New York Gov. Kathy Hochul has signed three bills into law that affect workers, including one raising the minimum disability benefit under workers’ compensation over three years.The second new law prohibits employers...

Walgreens to Pay $44 Million to Settle Theranos Fraud Claims

Sep 8 2023 // Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed blood tests in Arizona and California through the pharmacy chain’s partnership with Theranos...

Arrests Made in ‘Family and Friend’ Auto Insurance Fraud Ring

Sep 4 2023 // An alleged “family and friend” organized auto insurance fraud ring in California was broken up by the Urban Automobile Insurance Fraud Task Force when seven people were arrested on Wednesday in connection to...

Washington Roofer Who Faked Injury Pleads Guilty to Workers’ Comp Fraud

Sep 1 2023 // A Pierce County, Washington man who removed and installed roofs while claiming he was too injured to work has pleaded guilty to stealing workers’ compensation benefits.Patrick Dean Farthing, 64, pleaded guilty...

FBI, European Partners Seize Major Malware Network in Blow to Global Cybercrime

Aug 31 2023 // U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major malware network used for more than 15 years to commit a gamut of online crimes including crippling ransomware...

New York AG: Trump Should Be Found Liable For Bank, Insurance Fraud, Even Before Trial

Aug 31 2023 // New York’s attorney general on Wednesday asked a state judge to declare, even before the start of a trial, that Donald Trump committed fraud by submitting false statements to bankers and insurers and overstating his...

Former Georgia Insurance Commissioner Oxendine Fraud Case Headed to Trial

Aug 30 2023 // Former Georgia Insurance Commissioner John Oxendine is headed to trial on health insurance fraud and money laundering charges after a federal judge this week denied all of his efforts to have an indictment...

Former North Dakota Governor Victim of Car Theft

Aug 29 2023 // FARGO, N.D. (AP) – Former North Dakota Gov. Ed Schafer learned a lesson about his car keys after his vehicle was stolen as he hosted a Fargo radio show.Schafer was guest hosting KFGO`s “News and Views”...

Two British Teens and Their Audacious Hack of Nvidia, Grand Theft Auto and Uber

Aug 25 2023 // At 9 p.m. on Sept. 22 last year, a group of City of London police officers waited outside room M15 at the Travelodge Bicester, a one-star budget hotel in Oxfordshire, England, for the right moment to bust in. On the other...

Another Metals Trading House Says It Has Been Hit by a Nickel Fraud

Aug 25 2023 // Another trading house has been stung after buying a cargo supposedly containing nickel that turned out to be full of near-worthless rubble.The latest example, detailed in lawsuits in London and Singapore, is separate from...

How Aerial Imagery and AI are Helping Florida’s Insurers with Climate Change and Fraud

Aug 25 2023 // Residents of Southeastern states like Florida will be looking ahead to the heart of hurricane season with trepidation. With climate change bringing storms that are wetter, slower and more prone to intensifying rapidly,...

Lapsus$ Hacker Targeted Uber, Revolut, Grand Theft Auto Maker, London Jury Finds

Aug 24 2023 // A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto.Arion Kurtaj,...