Latest Fraud Headlines

All the headlines from our Fraud Topic Page, ordered by recency.

Investigators Say Car Buried in California was Insurance Fraud

Nov 21 2022 // A car was buried in the backyard of a Northern California mansion 30 years ago as part of a scheme to commit insurance fraud, authorities said.The convertible Mercedes was discovered last month by landscapers in the...

Cal. Father And Son Charged for $12M Workers’ Comp Fraud

Nov 21 2022 // Edgardo Cabrales Sr., 61, and his son, Edgar Cabrales Jr., 36, both of San Jose, California, were charged with five felony counts each of insurance fraud after a California Department of Insurance investigation found they...

ID.me’s Claim on Scope of Unemployment Fraud Baseless, U.S. Congress Says

Nov 18 2022 // Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during the pandemic was lost to fraud, U.S. congressional investigators said on...

Carolina Agent, Missouri Attorneys Indicted on Tax, Insurance Fraud Charges

Nov 17 2022 // Two Missouri tax attorneys and a North Carolina insurance agent have been indicted for helping clients set up fraudulent tax shelters, file false tax returns and to defraud an insurance carrier, federal prosecutors...

Trump Firm’s Longtime CFO, Still on Payroll, Testifies on Tax Scheme at Fraud Trial

Nov 17 2022 // Donald Trump’s jail-bound longtime finance chief is still a company man, collecting a hefty salary from the former president’s namesake Trump Organization even as he makes his long-awaited turn as the...

Two Farmers Indicted in Kentucky Crop Insurance Fraud

Nov 16 2022 // Two Kentucky farmers and a relative have been indicted for falsifying crop damage and exaggerating the size of their fields in order to reap crop insurance benefits.A federal grand jury last week charged Randall Taulbee...

Directors of Florida’s Largest Homeowners Association Charged with Millions in Theft

Nov 16 2022 // Current and former Board members at Florida’s largest homeowners’ association were arrested Tuesday, charged with taking millions of dollars from the association over several years.It’s the latest...

Houston Business to Pay $300K For Workers’ Comp Insurance Fraud

Nov 15 2022 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) announced that a Travis County district court judge convicted Sehgal & Sons Enterprises (Ultra Business Services Inc.) of first-degree...

Accused SC Attorney Murdaugh’s Involvement Looms Over Fraud Trial of his Banker

Nov 14 2022 // A banker accused of helping disbarred attorney Alex Murdaugh take money from the legal settlements of clients is the first person to stand trial in the sprawling rural South Carolina legal drama that has captivated...

Elizabeth Holmes Should Get 15 Years’ Prison for Fraud, US Says

Nov 14 2022 // Former Theranos Inc. Chief Executive Officer Elizabeth Holmes should spend 15 years in prison for committing one of the most serious white-collar crimes in Silicon Valley history, prosecutors told the judge who will...

Georgia Ex-Insurance Chief Oxendine Denies Knowing of Fraud, Seeks Dismissal of Charges

Nov 10 2022 // Former Georgia Insurance Commissioner John Oxendine denies knowingly being involved in any fraud scheme and has moved to have the criminal charges brought against him dismissed.A November 4 defense filing in federal court...

Many Cyber Criminals Return After Ransomware Payments Are Made

Nov 9 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...

Data Stolen From Australian Health Insurer Medibank Posted on Dark Web

Nov 9 2022 // Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web.The files appear to be a sample of the data that...

Former California Insurance Agent Sentenced for Theft

Nov 8 2022 // Formerly licensed insurance agent Vincent Allen LaGrange, 66, of Seal Beach, California, was sentenced in San Bernardino County Superior Court on one misdemeanor count of grand theft from an elder after an investigation by...

Investigators Say Car Was Buried in California in Insurance Fraud Scheme

Nov 7 2022 // A car was buried in the backyard of a Northern California mansion 30 years ago as part of a scheme to commit insurance fraud, authorities said Thursday.The convertible Mercedes was discovered last month by landscapers in...

Landscapers Find Car Reported Stolen in 1992 Buried at California Mansion

Nov 7 2022 // Three decades after a car was reported stolen in Northern California, police are digging the missing convertible out of the yard of a $15 million mansion built by a man with a history of arrests for murder, attempted...

Judge in New York Fraud Trial Orders Independent Monitoring of Trump Organization

Nov 4 2022 // A New York judge on Thursday ordered that an independent watchdog be appointed to oversee the Trump Organization before a civil fraud case by the state’s attorney general against Donald Trump’s company goes to...

Nationwide Catalytic Converter Theft Ring Taken Down in Raid

Nov 3 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...

People Moves: Kuchma CEO Hamilton Select; O’Neill AXA XL New Head of Crime & Crisis; Branch Hires First CFO

Nov 3 2022 // Hamilton Names Kuchma as CEO of US E&S Insurer Hamilton SelectHamilton Insurance Group announced the appointment of Anita Kuchma as chief executive officer at Hamilton Select, its U.S. excess and surplus (E&S)...

Missouri State Employee Indicted for Stealing $140K in Unemployment Insurance Funds

Nov 2 2022 // A Missouri state employee has been indicted on three federal felony charges and accused of using her position to send about $140,500 in unearned unemployment benefits to friends, relatives and others.According to the...