All the headlines from our Fraud Topic Page, ordered by recency.
Jan 31 2023 // Independent wholesaler ExecutivePerils announced the launch of a new insurance policy, EPL+WHIP – a product that combines wage & hour insurance protection (WHIP) coverage with employment practice liability (EPL)...
Jan 27 2023 // Manhattan District Attorney Alvin Bragg, Jr. within the past week announced two separate indictments alleging workers’ compensation fraud, one totaling $7 million in premiums and the other, $3 million.In one case,...
Jan 23 2023 // Abbott Laboratories’ Michigan plant, which was at the center of the U.S. baby formula shortage last year, faces a criminal investigation by the Justice Department, the Wall Street Journal reported on Friday.Panicked...
Jan 20 2023 // A federal judge on Thursday ordered Boeing Co BA.N to appear in court on Jan. 26 to be arraigned on a 2021 felony charge after families of those killed in two fatal crashes objected to a 2021 plea deal.Boeing won immunity...
Jan 19 2023 // The U.S. government plans to impose new regulations on food producers and handlers aimed at reducing fraudulent schemes in which non-organic products are sold as organic, one of the biggest changes to oversight of the...
Jan 13 2023 // Sally Nava Kanarek, 76, of Huntington Beach, was arrested this week on multiple felony counts of financial elder abuse, grand theft of an elder, and forgery after a California Department of Insurance investigation found...
Jan 13 2023 // A New York judge on Friday sentenced Donald Trump’s namesake real estate company to pay a $1.61 million criminal penalty after it was convicted of scheming to defraud tax authorities for 15 years.Justice Juan Merchan...
Jan 13 2023 // In October, the Detroit Institute of Arts pulled back the curtains on its three-month Van Gogh exhibit, proudly boasting that its expo of 74 paintings was one of the largest-ever collections assembled of the Dutch...
Jan 13 2023 // Corporations in New York’s construction industry will face increased fines of up to $500,000 if they are found criminally liable for worker deaths or serious injuries.Gov. Kathy Hochul signed into law what has been...
Jan 12 2023 // Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday.The...
Jan 10 2023 // San Elizario, Texas mayor Isela Reyes was arrested Tuesday for insurance fraud, the El Paso County Sheriff’s Office said.The FBI West Texas Border Corruption Task Force arrested Reyes for insurance fraud of over...
Jan 9 2023 // Sam Bankman-Fried may find it hard to argue the fraud charges against him should be tossed because of uncertainty as to how U.S. law treats cryptocurrency, as other high-profile defendants in criminal cases involving...
Jan 5 2023 // JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank...
Jan 4 2023 // Previously licensed California bail agent and insurance producer Sean Wilczak, 29, was arraigned in Santa Barbara County Superior Court on three felony counts of grand theft for allegedly stealing $25,000 from three bail...
Jan 4 2023 // Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an...
Dec 28 2022 // A top executive for embattled North Carolina insurance executive Greg Lindberg is awaiting sentencing after pleading guilty to federal fraud charges in connection with an elaborate scheme to shunt millions of dollars from...
Dec 27 2022 // SPRINGFIELD, Mo. (AP) – Three Missouri men have been sentenced for their roles in the theft of tens of thousands of stolen catalytic converters, which were taken to an Arkansas business as part of a multi-million-dollar...
Dec 22 2022 // A former bus driver for the Niagara Frontier Transportation Authority (NFTA) has been sentenced to five years of probation for fraudulently obtaining workers’ compensation benefits by misrepresenting her injuries....
Dec 20 2022 // This article has been updated to reflect information from the prosecutor in the case.A Georgia insurance agent has been sentenced to five years in prison after he was convicted of providing fraudulent workers’...
Dec 19 2022 // A New York attorney and surgeon were convicted by a Manhattan jury of six counts of fraud for participation in an illegal scheme that included false insurance claims and unnecessary surgeries for alleged injuries from...