All the headlines from our Fraud Topic Page, ordered by recency.
Jun 2 2008 // Budget shortfalls have slowed the progress of fraud bills in many states around the U.S. while lawmakers feverishly work to find money to run their cash-strapped governments. Even so, reform bills clamping down on...
Jun 2 2008 // $94,614,453.59Arkansas has racked up nearly $95 million in insured losses from four major storm systems that hit the state so far this year. May 10 storms caused $17,150,530.56 in damages, the Arkansas Insurance Department...
Jun 2 2008 // The Federal Bureau of Investigation pursued 529 financial crime cases in its most recent fiscal year, including 209 insurance fraud cases.During the fiscal year 2007, the 209 insurance fraud cases investigated by the FBI...
May 30 2008 // Following a meeting with his Advisory Task Force on Insurance Fraud, Blue Ribbon Review Committee, California Insurance Commissioner Steve Poizner announced that he will implement five actions to help reduce fraudulent...
May 27 2008 // An insurance fraud scheme in which Houston-area homes were flooded by using water hoses has led to prison for three people.Multiple insurers were defrauded of more than $5 million over a six-year period, according to court...
May 27 2008 // The alleged mastermind of a more than $1 million insurance fraud scheme in Philadelphia has been arrested, and investigators say they expect lawyers and doctors to also be charged.District Attorney Lynne Abraham says the...
May 23 2008 // The Federal Bureau of Investigation pursued 529 financial crime cases in its most recent fiscal year, including 209 insurance fraud cases.During it fiscal year 2007, the 209 insurance fraud cases investigated by the FBI...
May 23 2008 // The biggest barrier to effectively prosecuting individuals who commit insurance fraud is finding an effective prosecutor, Scott Cassidy, chief of special prosecutions, Cook County State’s Attorney’s office said...
May 22 2008 // A Lee County, Florida man pleaded guilty for his involvement in a string of motorcycle thefts, according to state Attorney General Bill McCollum.Christian Torres Lopez, 28, will be sentenced for his participation in the...
May 20 2008 // The Oklahoma Senate has approved legislation intended to curb the growing problem of copper theft. Senate Bill 1856, authored by Sen. Cliff Branan, R-Oklahoma City, would increase fines and punishments for the crime of...
May 19 2008 // A federal judge set an Oct. 6 trial date for a Louisiana legislator charged with helping launder money for a woman accused of illegally selling insurance.Sen. Derrick Shepherd, who was indicted in April, did not appear in...
May 19 2008 // While cargo theft can affect every sector of the supply chain, competing interests among the various players in the chain can get in the way of curbing thefts and catching the criminals responsible, according to a loss...
May 16 2008 // Oklahoma Attorney General Drew Edmondson’s office is warning consumers in areas battered by recent storms to beware of fraudsters seeking to take advantage of storm weary property owners.Investigators in the...
May 9 2008 // Texas Attorney General Greg Abbott reached an agreement with El Paso-based CNG Financial Corp. and its subsidiaries, Check ‘n Go of Texas Inc. and Southwestern & Pacific Specialty Finance Inc., over charges that...
May 9 2008 // The Starr Foundation, controlled by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg, has sued the insurer, claiming it misrepresented its exposure to credit default swaps.The...
May 5 2008 // The West has the highest per capita rates for vehicle thefts, according to the National Insurance Crime Bureau, which ranked the top metropolitan statistical areas (MSA) with the highest per capita rate for vehicle thefts...
May 2 2008 // West Virginia officials sentenced two McDowell County men after charging them with conspiracy to commit insurance fraud, according to West Virginia Insurance Commissioner, Jane L. Cline.Cline said Harold Patrick Estep, 29,...
May 2 2008 // Tyco International Ltd. has agreed to pay New Jersey $73 million to resolve state charges of securities fraud. The state Attorney General’s office says that under the settlement agreement finalized Wednesday, Tyco...
Apr 30 2008 // A rash of sewer grate thefts around northern Kentucky has police worried about safety as scavengers seek scrap metal to sell.Thieves stole at least 26 sewer grates this month from streets in Newport, Covington, Fort...
Apr 29 2008 // A Desert Hot Springs, Calif., resident was arrested for allegedly defrauding his insurance company of $26,000, the California Department of Insurance reported. Robert Andrew Nelson, 44, was arrested in Cathedral City,...