All the headlines from our Fraud Topic Page, ordered by recency.
Mar 15 2023 // US prosecutors were investigating Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according to people familiar with the matter.Justice Department...
Mar 13 2023 // Wesley Owens, 54, of Atlanta, Georgia, and Beau Wilson, 38, also of Atlanta, pleaded no contest to multiple felony counts of insurance fraud and conspiracy in Los Angeles Superior Court over charges filed after a...
Mar 10 2023 // According to a new analysis by the National Insurance Crime Bureau, more than one million vehicles were stolen in the United States last year – marking a 7% increase over 2021. Monthly theft totals nationwide...
Mar 9 2023 // The Ohio Department of Insurance warned of an insurance fraud scheme committed after an auto accident or property damage that is trending in the state.Named the “past posting” scheme, the term describes the...
Mar 7 2023 // The owner of a chain of clinics treating substance abuse disorders in Massachusetts and Rhode Island, and one of the company’s employees, were charged last week with cheating health insurers out of millions of...
Mar 6 2023 // A federal judge has ruled that a now-shuttered Wisconsin substance abuse center and its CEO owe the state and federal government more than $2 million in a Medicaid fraud case.Online court records show U.S. District Judge...
Mar 6 2023 // An Edmonds, Washington, woman pled guilty to committing insurance fraud after an investigation completed by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. Eden Gebru pled guilty to the charge of...
Mar 6 2023 // A North Carolina business magnate remains free after he was indicted on charges he conspired to conduct a massive scheme to deceive insurance regulators and policyholders related to insurance companies that he...
Mar 6 2023 // Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report.Under fraudulent instruction scams, criminals use hacking and phishing...
Mar 2 2023 // A Tampa-area personal injury attorney, once active in auto accident, rideshare and other insurance claims litigation, has been arrested and charged with multiple counts of money laundering and grand theft.The Pinellas...
Mar 2 2023 // Anyone who owns a cellphone or uses an email address has received a communication from a scammer seeking to extract confidential information or trick the recipient into sending money to foreign countries. These attempts...
Mar 2 2023 // This post is part of a series sponsored by IAT Insurance Group. Cargo theft remains a prominent threat to the transportation industry. In one high-profile case in 2022, three Florida men stole approximately $9 million...
Mar 1 2023 // Authorities have charged an Alabama insurance agent, who formerly worked for Alfa Insurance, with more than $600,000 in fraud, theft and exploitation of the elderly.Bret Chappell, 43, of Warrior, Alabama, was arrested...
Feb 22 2023 // Ten months after a vehicle was found buried behind a barn in south Alabama, the former owner of the Hummer has been indicted by a grand jury.Bruce Parnell, of Washington County, reported the 2006 Hummer H2 stolen in 2016...
Feb 22 2023 // The owner and manager of a Connecticut insurance firm pled guilty this week in federal court in White Plains, New York to conspiracy to commit wire fraud and bank fraud, according to prosecutors.Between 2015 and 2019,...
Feb 21 2023 // Louisiana Insurance Commissioner Jim Donelon announced Friday that his department issued a cease-and-desist order to McClenny, Moseley & Associates, a Houston-based law firm that filed more than 1,500 hurricane-damage...
Feb 21 2023 // US enforcement agencies are forming a “strike force” to combat adversaries trying to steal advanced technology, hack for financial gain or use new tools to collect intelligence.The move comes as government...
Feb 17 2023 // A liability insurer has no standing to object to its insured’s bankruptcy plan, even if the carrier feels that the plan unfairly exposes it to potentially fraudulent claims, a federal appeals court decided this week...
Feb 16 2023 // Two Columbia, Mo., residents pleaded guilty in federal court to their roles in a $1.2 million insurance fraud conspiracy that involved false claims of injuries suffered in car accidents.Latoya Marie Brown, 37, who also...
Feb 16 2023 // There will be a jury retrial on allocation of liability in a New Jersey workers’ compensation premium fraud case won by Liberty Insurance Corp. against a construction firm.The New Jersey Supreme Court ruled yesterday...