All the headlines from our Fraud Topic Page, ordered by recency.
Jun 7 2022 // BRATISLAVA – In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million. It was one of a string of cyber heists by...
Jun 7 2022 // Formerly licensed insurance broker Robert Minero, 39, of Downey, California, was arraigned this week on five felony counts including insurance fraud and grand theft.The charges were filed after an investigation by the...
Jun 1 2022 // An Arizona man was facing multiple theft charges last week after detectives found more than 1,200 catalytic converters packed into a storage unit, a case that highlights a national surge in thefts of the pricy auto parts...
May 23 2022 // A former Georgia insurance commissioner has been indicted on federal charges related to an alleged health care scheme.A federal grand jury last Tuesday indicted John Oxendine on charges of conspiracy to commit health care...
May 19 2022 // An Austin, Texas man was sentenced to 70 months in prison and ordered to pay $5,052,366.92 in restitution for his role in a fraud scheme.According to court documents, from 2012 until June 2018, Jason Michael Schubert, 47,...
May 18 2022 // The star portfolio manager at the center of a fraud at the U.S. funds unit of Allianz SE relied on the German insurer’s good name to lure investors and thrived from a lack of oversight as he pocketed $60 million in...
May 18 2022 // Three California business owners were arraigned for insurance fraud this week after an investigation reportedly showed they illegally conspired to lower workers’ compensation premiums.Troy Williams, 49, of Angels...
May 17 2022 // Germany’s Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal securities fraud over the collapse of a group of investment funds early in the COVID-19...
May 16 2022 // Ahead of next week’s special legislative session, Florida’s chief financial officer is asking lawmakers for $6.5 million to fund 23 new investigative positions and to launch a public education campaign, part of...
May 12 2022 // Facial recognition is making a comeback in the United States as bans to thwart the technology and curb racial bias in policing come under threat amid a surge in crime and increased lobbying from developers.Virginia in July...
May 5 2022 // An Arkansas man and a Florida man have been sentenced to prison for their roles in giving kickbacks in compounded cream schemes that defrauded a government insurer of millions of dollars.Federal prosecutors said Brad Duke,...
May 4 2022 // D’Alan Thurmond, age 41, of Waterloo, Iowa pled guilty on April 25, 2022, to one count of Presenting False Information, a class “D” Felony, following an investigation by the Iowa Insurance...
May 3 2022 // The U.S. Securities and Exchange Commission (SEC) said on Tuesday it will add 20 positions to its enforcement unit for crypto markets in its push to curb fraudulent activities in the hot digital space.The securities...
May 3 2022 // Hard drives, laptops, cellphones, office equipment, door access key cards, gas cards and other items were stolen during a recent burglary at the Washington State Department of Labor & Industries regional office in...
May 2 2022 // A jury has awarded nearly $9 million to three families who accused a Colorado fertility doctor of using his own sperm to inseminate three mothers who requested anonymous donors.The jury found that Dr. Paul B. Jones and his...
May 2 2022 // A South Florida man has been charged in connection with what appears to be a new twist on auto insurance fraud.State and local authorities said that Victor Van Vickery, 33, of Delray Beach, claimed to be in a Uber ride...
Apr 29 2022 // Formerly licensed insurance agent Narek Harutyunyan, 31, of Camarillo, California, was sentenced this week in Ventura County Superior Court on two felony counts of grand theft after Harutyunyan reportedly stole insurance...
Apr 27 2022 // As the number of catalytic converter thefts has soared nationwide, one Alabama auto repair shop has begun building anti-theft cages that cover the pollution-control devices.Dean and Cory Parker, owners of Dean’s Auto...
Apr 25 2022 // North Carolina authorities have charged two men with fraud and theft after they submitted photographs of fires that never occurred.Antonio Collins, 32, of Greensboro, obtained $11,122 from State Farm Insurance after he...
Apr 22 2022 // The UK seized 2 million pounds ($2.61 million) from a London-based fintech firm, saying that the funds were linked to a $150 million U.S. wire fraud conspiracy.QPay Europe Ltd., which offers due diligence and underwriting...