All the headlines from our Fraud Topic Page, ordered by recency.
Dec 14 2022 // New York Governor Kathy Hochul has signed legislation (S.7658-B/A.8869-B) to protect individuals and organizations that are victims of hate crimes from unfair insurance practices.The new law prohibits insurers from...
Dec 12 2022 // Actuarial research released last week suggests that marijuana decriminalization is not associated with a notable increase in traffic accidents or accident severity.Temporal patterns of human activity (such as yearly,...
Dec 9 2022 // Francis Okyere, 70, a previously licensed insurance agent in Westlake Village, California, was sentenced this week after pleading no contest to 17 felony counts of identity theft and grand theft by false pretenses.A...
Dec 8 2022 // An unlicensed contractor and a deputy sheriff in Florida have been charged in separate incidents of contracting fraud and insurance fraud, state and local authorities said.Ty Lamonte Hillman was arrested this week after...
Dec 7 2022 // According to new data from Corvus Insurance, fraudulent funds transfer (FFT) continues to generate substantial losses for organizations.FFT comprised 36% of of the company’s cyber claims – an all-time high –...
Dec 6 2022 // Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany’s biggest post-war fraud scandal and sent shockwaves through the country’s...
Dec 6 2022 // Tougher penalties for certain types of arsons and large-scale thefts at stores in North Carolina are among all or portions of 10 new state laws approved by the General Assembly this year that will take effect on...
Dec 5 2022 // The Hartford Names Shields Chief Sustainability OfficerThe Hartford has appointed Terence Shields to the newly created role of chief sustainability officer. Shields will lead the Office of Sustainability as it guides...
Dec 5 2022 // An Everett, Washington, man reportedly caught remodeling homes while claiming he was too injured to work has been charged with felony theft in a workers’ compensation fraud case.Terry Lee Dawson, 62, is accused of...
Dec 2 2022 // The former owner and operator of an Arlington-based insurance agency was sentenced earlier this month for fraudulently receiving disability benefits from the Department of Veterans Affairs (VA) and the Social Security...
Dec 1 2022 // The California Labor Commissioner’s office cited Shine N Brite Car Wash $908,998 for wage theft violations affecting 15 workers.The Los Angeles-based employer was cited for minimum wage, overtime and rest break...
Nov 30 2022 // Joseph Drahozal, age 57, of Cedar Rapids was charged with one count of Forgery (Class D Felony), two counts of Fraudulent Sales Practice under $10,000 (Class D Felony), and one count of Theft in the third degree...
Nov 29 2022 // BUFFALO, N.Y. (AP) — A 16-year-old accused of driving a stolen SUV involved in a high-speed crash that killed four teenage passengers was arraigned Tuesday on manslaughter and other charges.The parents of two of those...
Nov 23 2022 // A Clark County, Washington, man was charged with stealing $127,000 in workers’ compensation benefits for working at his own construction business while claiming he was too injured to work.Daniel Joseph Lesieur, 54,...
Nov 22 2022 // New York has approved its first 36 retail marijuana dispensary licenses, awarding them to 28 applicants with prior cannabis convictions and eight nonprofits that serve those formerly incarcerated.New York officials wanted...
Nov 22 2022 // An Everett, Washington, man reportedly caught remodeling homes while claiming he was too injured to work has been charged with felony theft in a workers’ compensation fraud case.Terry Lee Dawson, 62, is accused of...
Nov 21 2022 // In an upscale Seoul neighborhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer – a close friend of South Korea’s president.Prosecutors have...
Nov 21 2022 // A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion.In San Jose,...
Nov 21 2022 // Twenty-one people in nine states were arrested and charged Nov. 2 with their roles in conspiracies to steal catalytic converters from vehicles across the country and sell them for profit.According to the U.S. Department of...
Nov 21 2022 // Over a third (36%) of companies who paid a ransom to cyber criminals went on to be targeted for a second time, according to the latest Cyber Readiness Report from Hiscox.In addition, more than four in 10 (41%) of those...