All the headlines from our Fraud Topic Page, ordered by recency.
Nov 8 2011 // Aki Tsurumaki says he never felt his life was in danger during the 15 years he has been helping companies escape entanglements with Japan’s “yakuza” crime syndicates.But the 42-year-old lawyer jokes that...
Nov 7 2011 // A Shreveport, La., insurance agent has been arrested on charges of insurance fraud and forgery.The Louisiana State Police Insurance Fraud/Auto Theft Unit arrested Stephanie Losey, 57, on one count of insurance fraud....
Nov 7 2011 // Earlier this year, experts at WallStreet & Technology (wallstreetandtech.com) identified predictive analytics and cloud computing as two of six hot technologies that will transform the insurance industry in 2011 and...
Nov 4 2011 // Insurance agency owners from Pennsylvania were indicted this week with 13 counts of wire fraud, mail fraud and conspiracy to commit wire and mail fraud.Bruce and Irene Gardner, of Richboro, and Michael Gardner, of...
Nov 3 2011 // Ten south Texas residents have been sentenced to federal prison for their roles in a scheme to defraud the American Family Life Assurance Company (Aflac) by filing false injury claims under Aflac’s Accident-Only...
Nov 3 2011 // Check cashing companies in Florida may be saddled with new regulations for their role in facilitating workers’ compensation fraud in the construction industry.Among other things, check cashing companies may have to...
Nov 1 2011 // The U.S. Department of Justice sued Allied Home Mortgage Capital Corp and two top executives over fraudulent lending practices that have cost the government more than $834 million of insurance claims.In a complaint filed...
Nov 1 2011 // A lawsuit against Charles Schwab Corp. over auction-rate securities that was filed by former New York Attorney General Andrew Cuomo was thrown out by a state court judge.The 2009 lawsuit accused the San Francisco-based...
Oct 28 2011 // Florida should allow more time for looking into suspicious claims, place a cap on attorneys’ fees and more closely regulate medical clinics to help reduce rampant fraud in the state’s personal injury protection...
Oct 28 2011 // U.S. prosecutors charged 11 people Thursday in connection with an alleged $1 billion fraud involving hundreds of railroad workers filing false disability claims.In some cases, workers claimed they were unable to work even...
Oct 26 2011 // A longtime Tulsa, Okla., criminal defense attorney has pleaded guilty in Tulsa County District Court for his role in helping embezzle more than $1 million from clients, Attorney General Scott Pruitt said.Fred Schraeder,...
Oct 26 2011 // The health care fraud trial of a northwestern Indiana nose surgeon captured in Italy after more than five years on the run is now set for South Bend.The Times of Munster reports U.S. District Judge Philip Simon issued a...
Oct 26 2011 // A Peabody, Mass., business owner who was indicted for allegedly collecting tens of thousands of dollars in fraudulent claims will be at a criminal case court hearing this Friday.Robert Giller, age 52, was indicted in...
Oct 24 2011 // A Minnehaha County, South Dakota, grand jury has indicted a Douglas County Sheriff’s deputy on four counts of grand theft.Court documents say that while licensed as an insurance producer, 41-year-old Rob Hotchkiss...
Oct 21 2011 // The Washington, D.C., Department of Insurance, Securities and Banking is advising consumers to be mindful of con artists who lurk in the virtual shadows in online social networking sites.People should make sure they know...
Oct 21 2011 // A federal judge rejected American International Group Inc.’s request to move its $10 billion mortgage fraud lawsuit against Bank of America Corp. back to a New York state court, where AIG believed the case...
Oct 21 2011 // A Berks County, Pennsylvania, resident has been charged with theft of more than $255,000 in insurance premiums from clients.The charges were brought against Joseph Maurer, 58, who owned and operated Commonwealth...
Oct 20 2011 // Kentucky Republican state Rep. Bill Farmer of Lexington is planning to push a legislative measure that would impose new rules regarding the sale of scrap copper to try to cut down on thefts. Farmer said businesses and even...
Oct 20 2011 // A Camden County, New Jersey, insurance agent was indicted for allegedly stealing more than $172,000 from insurance purchasers and for allegedly failing to remit insurance premiums worth over $3,200.The indictment was...
Oct 19 2011 // A Monmouth County, New Jersey, resident has been indicted for allegedly submitting a forged receipt in support of an insurance claim in an attempt to collect more than $24,000 to which he was not entitled.The indictment...