All the headlines from our Fraud Topic Page, ordered by recency.
Jun 5 2023 // John Philip Ryan, 64, of Yucca Valley, California, was sentenced and ordered to pay more than $220,000 in restitution to victims after pleading guilty to two felony counts of financial elder abuse and grand theft of...
Jun 2 2023 // Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week, the group’s lawyer said on Friday.“We are going to file a...
Jun 2 2023 // A California judge dismissed all charges against Pacific Gas & Electric in connection to a 2020 fatal wildfire sparked by its equipment that destroyed hundreds of homes and killed four people, including an...
Jun 1 2023 // The owner of a Gloucester, Massachusetts insurance agency has been indicted and arraigned in connection with an alleged embezzlement scheme that left client companies uninsured. The scheme included the agent transferring...
Jun 1 2023 // The former head of Wells Fargo & Co’s WFC.N retail bank agreed to pay a $3 million penalty to settle U.S. Securities and Exchange Commission fraud charges for misleading investors about sales practices used to...
May 31 2023 // SFR Services, a Florida restoration firm made famous by its volume of claims litigation and its charges that United Property & Casualty Insurance Co. had instructed desk adjusters to alter their estimates, now finds...
May 30 2023 // Seventeen former field inspectors for a company that provided damage estimates for McClenney Moseley & Associates filed a lawsuit against their former employer, saying they are owed for bonuses that were promised but...
May 26 2023 // Florida investigators have charged a former Progressive Insurance claims adjuster with fraud, alleging that she used claimants’ identities to submit fraudulent auto claims, then pocketed almost $24,000 in...
May 26 2023 // According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company – has not made court appearances, spent money in violation of court orders, and has a...
May 26 2023 // Credit Suisse was ordered to pay $926 million to Georgia’s former prime minister on Friday for losing part of his fortune, in a Singapore court ruling that represents one of the biggest legal awards made against the...
May 25 2023 // A top U.S. regulator said on Tuesday there is no way to police all cryptocurrency fraud because there is so much, though her agency is working on several big cases.Christy Goldsmith Romero, one of five commissioners at the...
May 23 2023 // The Iowa Insurance Division (IID) announced Kathryn Hosmer, age 36, of Davenport was sentenced on May 18, 2023, after pleading guilty to three counts of Insurance Fraud – Presenting False Information (Class D Felony)...
May 19 2023 // The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) has been sentenced to over 13 years in a UK prison.Tejay Fletcher, 35, pleaded guilty over his...
May 19 2023 // John Philip Ryan, 64, of Yucca Valley, California, was sentenced and ordered to pay more than $220,000 in restitution to victims after pleading guilty to two felony counts of financial elder abuse and grand theft of...
May 18 2023 // Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data, economists warned on Wednesday, making it harder to get a clear picture of the labor market...
May 12 2023 // Insurance claims for catalytic converter thefts nationwide jumped by 288% in just two years, the National Insurance Crime Bureau said in a new report.Claims rose from 16,660 in 2020 to 64,701 in 2022. Half of the thefts...
May 12 2023 // Former Mississippi Gov. Phil Bryant gave notice Wednesday that he will sue a news organization unless it apologizes for statements he said some of its employees made about him in connection to misspending of welfare money...
May 12 2023 // Michigan Attorney General Dana Nessel and Director Anita Fox from the Department of Insurance and Financial Services (DIFS) announced a criminal enterprise and related charges against. six individuals who are accused of...
May 10 2023 // Nearly three months ago, Hyundai and Kia unveiled software that was designed to thwart an epidemic of thefts of their vehicles, caused by a security flaw that was exposed on TikTok and other social media sites.So far, it...
May 9 2023 // Manhattan District Attorney Alvin Bragg, Jr. announced two indictments of a certified public accountant for defrauding the New York State Insurance Fund (NYSIF) of more than $10 million in workers’ compensation...