All the headlines from our Fraud Topic Page, ordered by recency.
Jul 21 2011 // The fourth time was the charm for shareholders suing the auditors of Shenzhen-based China Expert Technology.China Expert shareholders have been trying unsuccessfully to sue the company’s accounting firms for failing...
Jul 18 2011 // A former New Jersey insurance agent has pleaded guilty to defrauding nine clients out of more than $1.9 million, state prosecutors said. Daniel J. Trolaro, 35, of Oakland, was working for Prudential Insurance Co. of...
Jul 13 2011 // The Association of British Insurers has underlined its members’ determination to actively pursue the fraudsters and cheaters who cost the UK’s insurers £2 billion [$3.22 billion] a year in fraudulent claims,...
Jul 11 2011 // California Insurance Commissioner Dave Jones has announced nearly $32 million in grants have been awarded to district attorneys across the Golden State to assist them with the investigation and prosecution of...
Jul 11 2011 // Legislation that makes it a crime for lawyers or health professionals to solicit crash victims within the first 30 days of an accident has finally become law in Texas. House Bill 148 by Rep. Todd Smith of Euless was...
Jul 8 2011 // Seven of nine people charged with cheating health insurers out of more than $1 million have pleaded guilty in county court. The Pocono Record reported on its website Wednesday that seven, including alleged ringleader Judi...
Jul 7 2011 // A former New Jersey insurance agent has pleaded guilty to defrauding nine clients out of more than $1.9 million, state prosecutors said. Daniel J. Trolaro, 35, of Oakland, was working for Prudential Insurance Co. of...
Jul 5 2011 // A new lock, a thick door and a steel bar across the shuttered front counter of the Canyon Lake Little League concession stand still couldn’t prevent the youth baseball league from taking a hit.The president of the...
Jul 5 2011 // Cyber criminals are outwitting national and international legal systems that fail to embrace technological advances, a top U.S. official said on Friday, demanding a cross-border campaign to combat the security...
Jul 4 2011 // Owners of the New York Mets pro baseball team rejected allegations in a $1 billion lawsuit that they once shopped for fraud insurance to insulate themselves from Ponzi schemer Bernard Madoff.Fred Wilpon and Saul Katz,...
Jul 4 2011 // A pair of Illinois brothers who traveled to Columbus, Ohio, to practice psychiatry were sentenced for workers’ compensation fraud after an investigation showed they were conducting inadequate examinations of injured...
Jul 1 2011 // MBIA Inc. may pursue a lawsuit accusing Bank of America Corp.’s Countrywide Financial unit of fraudulently misleading it about mortgage securities it insured, costing at least $1.4 billion.A New York state appeals...
Jun 29 2011 // A U.S. appeals court sided with BP Plc in a securities fraud lawsuit arising from a 2006 Alaska oil spill, but the case isn’t over.BP discovered two oil spills in Prudhoe Bay, Alaska, in 2006, and a corporate...
Jun 29 2011 // California Insurance Commissioner Dave Jones announced that Monica Mui Ung, 51, owner and president of NBC General Contractor Corp. (NBC), has entered guilty pleas in Alameda Superior court for violating section 11880 of...
Jun 29 2011 // Three insurance agency employees have been arrested in Florida for allegedly stealing thousands of dollars in auto premiums.Bella Jenkins, Torrance Blake and David Bell, who were employees of the Temple Terrace-based...
Jun 28 2011 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that former insurance agent Alexis Prokup, of Perrysburg, Ohio, has been sentenced after pleading guilty to theft.Department of Insurance...
Jun 28 2011 // Sentencing is scheduled for Aug. 1 for a Vermont contractor who has pleaded guilty to operating without workers’ compensation insurance. Prosecutors say Donald Bevins, of Williston, doing business as Twin City...
Jun 24 2011 // A pair of Illinois brothers who traveled to Columbus, Ohio, to practice psychiatry were sentenced for workers’ compensation fraud after an investigation showed they were conducting inadequate examinations of injured...
Jun 24 2011 // After a massive data breach last month, Citigroup did not offer its hacked clients the same degree of identity-theft protection that many other companies provide, drawing criticism from privacy advocates.Citigroup, which...
Jun 24 2011 // Allstate Insurance is seeking to recover more than $1 million against 10 New York area defendants it alleges filed fraudulent claims for psychological services.The lawsuit seeks reimbursement for personal injury protection...