All the headlines from our Fraud Topic Page, ordered by recency.
Dec 9 2024 // A North Carolina elementary school principal and a Cape Hatteras man were arrested last week and charged with insurance fraud after authorities said they attempted to make false claims to their insurance companies.Robert...
Dec 9 2024 // Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court...
Dec 6 2024 // A Washington man has been sentenced to a dozen years in prison and ordered to pay $7.1 million for leading a fraud scheme that involved staged collisions.A U.S. District Judge sentenced William Oldham Mize to 144 months in...
Dec 6 2024 // A large number of Americans’ metadata has been stolen in the sweeping cyberespionage campaign carried out by a Chinese hacking group dubbed “Salt Typhoon,” a senior U.S. official told journalists on...
Dec 5 2024 // A former state employee in Maryland has pleaded guilty in separate cases involving insurance fraud and felony theft.According to Maryland Attorney General Anthony G. Brown, the charges against Shanell Angelia West, of...
Dec 4 2024 // State-by-state variations of laws, compliance protocols, industry transparency, and general regulatory culture can lend one the impression that keeping up with industry changes is a little bit like herding cats. So, what...
Dec 3 2024 // With multiple hurricanes rocking Florida and other parts of the Southeast this year, claims professionals have said they are seeing a trend toward “soft fraud,” with more policyholders attempting to include...
Dec 2 2024 // The Connecticut city of West Haven said it is being reimbursed more than $1 million from its insurer to cover the cost of federal pandemic relief funds stolen three years ago by two city employees.Then-state Rep. Michael...
Dec 2 2024 // A New York City man has been charged with staging a car accident for insurance fraud purposes in a case that received wide publicity after the victim shared dashboard camera footage of the crash, authorities...
Dec 2 2024 // A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits.Steve A. McBee, 52,...
Nov 27 2024 // A Wisconsin man has been charged with defrauding the Federal Crop Insurance Program, the U.S. Attorney’s Office for the Western District of Wisconsin announced.Lance G. Meier, 52, Ogema, is charged with defrauding...
Nov 27 2024 // Credit Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned by a Swiss appeals court following the death of one of its former employees who was found...
Nov 26 2024 // An Ohio man was sentenced to five years in prison and ordered to pay restitution for filing 24 fraudulent claims with multiple insurance companies, totaling more than $229,000, the Ohio Department of Insurance...
Nov 22 2024 // Texas Attorney General Ken Paxton has filed another lawsuit to prevent decriminalizing marijuana-related offenses, this time against the city of Dallas. Paxton has previously sued the cities of San Marcos, Austin, Killeen,...
Nov 22 2024 // A Federal Way, Washington, woman is on Insurance Commissioner Mike Kreidler’s insurance fraud most wanted list after she failed to appear at her arraignment.Yelena Gruy faces a felony charge for filing a false...
Nov 20 2024 // Prosecutors report that a New York insurance broker has admitted his role in a $38 million employment tax fraud scheme involving nursing homes he owned across the country,U.S. Attorney Philip R. Sellinger announced that...
Nov 18 2024 // A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by...
Nov 18 2024 // A Dallas pharmacy owner who routinely billed insurance companies for headache sprays, pain creams, and scar creams never dispersed to patients was sentenced to 10 years in federal prison, announced U.S. Attorney for the...
Nov 18 2024 // Four men have been charged with defrauding New York auto insurers by allegedly submitting more than $10 million in fraudulent claims for psychological services –and then laundering the proceeds of that fraud through...
Nov 15 2024 // A Brazilian federal court ruled miners Vale, BHP Group and their joint venture Samarco are not criminally liable for the deadly 2015 Fundao tailings dam collapse, according to a statement from the court on Thursday.The dam...