All the headlines from our Fraud Topic Page, ordered by recency.
Nov 2 2022 // French defense and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some of its data and was threatening to publish it. Thales said the extortion and ransomware group had...
Nov 2 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...
Nov 1 2022 // A former U.S. Navy chief petty officer, now living in Georgia, has pleaded guilty to being the ringleader in a $2 million scheme that claimed unusual injuries to defraud a military disability program administered by The...
Nov 1 2022 // A nineteenth co-conspirator was indicted by a federal grand jury in Boston this week in connection with a nationwide conspiracy to open fraudulent driver accounts with rideshare and delivery service companies, law...
Oct 31 2022 // Federal prosecutors have said that Bradley Reifler, a New York-based investment manager, contributed greatly to the demise of North Carolina Mutual Life Insurance Co., the oldest black-owned insurance company in the United...
Oct 27 2022 // An investigation into the theft this summer of several semitrailers loaded with frozen beef from Nebraska has led to arrests and uncovered a multimillion-dollar theft ring targeting meatpacking plants in six Midwestern...
Oct 27 2022 // Tesla Inc. is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said.The U.S. Department of Justice...
Oct 26 2022 // This post is part of a series sponsored by InsurBanc.Not all financial fraud in today’s world is in the cybersecurity arena. Fraudsters are going old school and using a scheme known as “check washing.”...
Oct 25 2022 // A New York lawyer pled guilty Monday in connection with a scheme to obtain millions of dollars in fraudulent insurance reimbursements and other compensation from fraudulent trip-and-fall accidentsDamian Williams, the U.S....
Oct 25 2022 // A federal judge ruled Friday that relatives of people killed in the crashes of two Boeing 737 Max planes are crime victims under federal law and should have been told about private negotiations over a settlement that...
Oct 25 2022 // A nurse practitioner has pleaded guilty to fraudulently billing commercial health insurers and Medicare nearly $4.4 million for services that he never provided to patients as he had claimed, federal prosecutors...
Oct 24 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...
Oct 24 2022 // This post is part of a series sponsored by IAT Insurance Group. Recently, 24 commercial trucks were rendered useless at an auction house in Pennsylvania when the Common Powertrain Controller (CPC) modules were stolen from...
Oct 20 2022 // Ohio Department of Insurance director Judith L. French announced that former attorney Anthony Fusco, of Youngstown, was sentenced on October 7 in the Mahoning County Court of Common Pleas to 18 months in prison for felony...
Oct 20 2022 // Australia’s biggest health insurer said on Thursday a criminal had apparently stolen customers’ medical information as part of a massive breach of data, fueling concern about a wave of high-profile cyber...
Oct 19 2022 // HOUSTON – A 51-year-old man who advertised himself as the “Used Car King of New York” has admitted to conspiring to commit wire fraud, announced U.S. Attorney Jennifer B. Lowery.Octavian Ocasio pleaded guilty...
Oct 19 2022 // Australia’s Medibank Private Ltd. said on Wednesday an unnamed hacker group had contacted it negotiate about customer data it claimed to have retrieved from the health insurer’s IT systems.The news comes six...
Oct 18 2022 // Thieves are using cloned key fobs to steal Dodge muscle cars and other high-powered vehicles directly from dealerships and even automakers in Michigan, then selling them for tens of thousands of dollars less than their...
Oct 13 2022 // A Minnesota man pleaded guilty Tuesday to filing fraudulent insurance claims for a staged arson he attempted to portray as a politically-motivated attack.Federal officials said Denis Molla, 30, of Brooklyn Center, falsely...
Oct 5 2022 // Former Kentucky lawmaker Robert Goforth was sentenced Monday to two years and one month in federal prison for health care fraud and money laundering.Goforth, who resigned from the Kentucky House in 2021, also faces two...