All the headlines from our Fraud Topic Page, ordered by recency.
Jul 17 2023 // The United States lacks comprehensive cybercrime data and monitoring — leaving the country less prepared to combat cybercrime, according to a June report by the United States Government Accountability office.Federal...
Jul 13 2023 // Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday, while three federal regulatory agencies sued...
Jul 13 2023 // Penske Truck Leasing Co. will pay up to a $3.5 million civil penalty for alleged fraudulent safety and emissions inspections on fleet trucks and trucks it rented for commercial use.According to Massachusetts Attorney...
Jul 13 2023 // Barclays on Wednesday won a UK Supreme Court appeal that turned on the extent of banks’ duties to protect customers from fraudsters, in a closely watched decision lawyers say could stem a flood of litigation.Fiona...
Jul 13 2023 // A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for misrepresenting the investment risk posed by a group of hedge funds that collapsed amid market fluctuations caused by the Covid-19...
Jul 10 2023 // A package reshipping company targeted in a theft scheme by a former Delaware State Police trooper has filed a lawsuit against him and the police agency.TotalTransLogistics LLC said in a complaint filed this week in...
Jul 7 2023 // The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even...
Jul 7 2023 // Brian Keith Arteaga, 39, of Placentia, California, was arraigned this week on multiple felony counts of grand theft by embezzlement, theft of fiduciary funds, insurance fraud, and money laundering after a California...
Jul 6 2023 // Panama expects international financial-crime watchdog FATF to remove it this October from a watch list for nations deemed to be doing too little to fight money laundering, the country’s deputy finance minister said,...
Jul 6 2023 // A Philadelphia towing firm and 10 adults one juvenile have been charged in what prosecutors say is a multi-million dollar theft ring that targeted catalytic converters in the Delaware Valley region.Bucks County District...
Jul 5 2023 // This post is part of a series sponsored by IAT Insurance Group. Here are two true claims stories:In Dallas, a 2018 Lincoln Ranger Welder and tools in a 20-foot container were stolen from an elementary school jobsite. Since...
Jul 3 2023 // This post is part of a series sponsored by Old Republic Surety.It’s fortunately rare, but when bond fraud happens, it can be devastating. As a bond producer developing a book of surety business, you must be vigilant...
Jul 3 2023 // A Missouri man has pleaded guilty in federal court to his role in a $1.1 million insurance fraud conspiracy that involved false claims of injuries suffered in car accidents, as well as to his role in a conspiracy to...
Jun 30 2023 // A central Kentucky farmer who is also a county official has changed his plea, admitting to charges of crop insurance fraud. Randall Taulbee, a Bourbon County magistrate, pleaded guilty to two counts of conspiracy to...
Jun 30 2023 // A Texas insurance who previously served as mayor of Elgin pleaded guilty June 20 to theft of property, a third-degree felony.Christopher Cannon, 38, acquired payments from the company Baker’s Backhoe Services between...
Jun 30 2023 // The United States lacks comprehensive cybercrime data and monitoring – leaving the country less prepared to combat cybercrime, according to a June report by the United States Government Accountability office.Federal...
Jun 30 2023 // California Insurance Commissioner Ricardo Lara awarded $50,545,239 in grants to 34 district attorney offices representing 44 counties in the state to combat insurance fraud.The grants, funded through annual employer...
Jun 30 2023 // Insurer GEICO is suing to recover more than $1.8 million in allegedly fraudulent and unlawful no-fault insurance charges it says it has paid to several New Jersey health centers since 2018.The charges were for a range of...
Jun 29 2023 // ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit...
Jun 29 2023 // Florida law enforcement pushed back this week against a nationwide surge in auto thefts, announcing that 23 people were arrested for their alleged participation in a crime ring that forged vehicle identification numbers...