All the headlines from our Fraud Topic Page, ordered by recency.
Mar 19 2012 // Dishonest doctors and medical mills in New York better watch out!Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Mar 19 2012 // This article is part of our Hot Insurance Markets for 2012 special feature.The technology industry has been a growing sector in today’s economic environment and many insurers are responding by developing new products...
Mar 16 2012 // A federal appeals court stopped just short of throwing out a judge’s controversial rejection of the U.S. Securities and Exchange Commission’s $285 million fraud settlement with Citigroup Inc over mortgage...
Mar 16 2012 // On average, 23 cars are stolen — or almost one car per hour — every day in Minnesota, state officials say.Nearly 8,400 vehicles were stolen in Minnesota in 2010 alone, totaling more than $21.3 million in stolen value,...
Mar 15 2012 // A South Dakota sheriff’s deputy and former insurance producer who pleaded guilty in an insurance fraud case has been sentenced to about 2 1/2 months in jail and 2 1/2 years of probation. Forty-two-year-old Rob...
Mar 15 2012 // A federal judge has set an April 9 trial date for a former New Jersey schools superintendent accused of corruption.But a decision on whether Michael Ritacco’s can be tried separately from his co-defendant has been...
Mar 15 2012 // A guard at the Allegheny County Jail in Pittsburgh has been suspended without pay because police say she filed a false claim that her car had been stolen when she knew, instead, that her boyfriend had crashed the vehicle...
Mar 14 2012 // The Indiana and Nebraska legislatures recently passed much needed legislation that could help protect homeowners from contractor fraud and abuse, according to the Property Casualty Insurers Association of America...
Mar 14 2012 // Dishonest doctors and medical mills in New York better watch out!Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Mar 14 2012 // Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround.The number and size of securities fraud settlements that won...
Mar 12 2012 // In the end, the flashy business suits, charming smile, yachts, luxurious private jets and a passion for the sport of cricket couldn’t mask what Texas tycoon R. Allen Stanford actually was: a con man.Jurors who...
Mar 9 2012 // A former insurance agent who stole more than $1 million from elderly clients has been sentenced to 75 months in prison.Jasmine Jamrus-Kassim was arrested in March 2011 after an investigation by the state insurance...
Mar 9 2012 // Sixteen people in Brooklyn, N.Y., have been arrested for their roles in allegedly staging auto accidents to fraudulently receive insurance payouts.New York State Attorney General Eric Schneiderman announced the arrests on...
Mar 8 2012 // The Florida Senate has rewritten the House’s bill aimed at reforming the state’s no-fault auto law, adding numerous provisions that are opposed by House lawmakers.As a result, there is a chance that the issue...
Mar 7 2012 // The conviction of Allen Stanford on Tuesday for orchestrating a $7 billion Ponzi scheme could be bad news for two prominent law firms and an attorney facing civil lawsuits arising out of the Texas financier’s...
Mar 5 2012 // A bill aimed at cracking down on rampant fraud in the state’s personal injury protection insurance was passed Friday in the Florida House of Representatives.The bill (HB 119) was approved largely along party lines on...
Mar 5 2012 // More than a decade after it was filed, a federal judge in Mississippi has set a tentative trial date in a lawsuit stemming from scams run by a notorious financier who looted $200 million from insurance companies and...
Mar 1 2012 // A physician and the office manager of his medical practice, along with five owners of home health agencies, were arrested today on charges related to their alleged participation in a nearly $375 million health care fraud...
Mar 1 2012 // Authorities are describing the takedown of a massive auto insurance fraud ring in New York the largest of its kind involving New York’s no-fault law.The fraud scheme involved 10 licensed medical doctors, three...
Feb 29 2012 // Federal and local authorities in New York unveiled charges today against 36 defendants — including 10 doctors and three attorneys — allegedly involved in a systematic scheme to defraud auto insurance companies...