All the headlines from our Fraud Topic Page, ordered by recency.
Mar 4 2022 // The U.S. Justice Department’s top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General Merrick Garland said March 3 as he detailed a shift in focus and resources at the...
Mar 2 2022 // Cartier sued Tiffany & Co on Monday, accusing its luxury rival of stealing trade secrets concerning its high-end jewelry from an employee it lured away in December, in a sign competition in the fast-growing jewelry...
Mar 2 2022 // Cyber claims from small and midsize businesses saw a “material uptick” in 2021, with funds transfer fraud a main culprit, according to cyber insurance and security firm Coalition.According to its 2022 Cyber...
Mar 2 2022 // A former state representative has announced plans to challenge Florida CFO Jimmy Patronis in this fall’s election, and he’s making Florida’s property insurance crisis a central issue.Adam Hattersley, a...
Mar 2 2022 // Both the former owner of a Rogers, Arkansas-based medical supply and billing company and its former chief executive officer have been indicted by a federal grand jury for their roles in three separate conspiracies to...
Feb 24 2022 // Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as it kicked off a London trial over transfers to a former oil minister accused...
Feb 24 2022 // The Florida House of Representatives’ Commerce Committee passed no fewer than five bills Wednesday that could affect property and casualty insurance, from allowing surplus lines carriers to be based in Florida, to...
Feb 18 2022 // A British high court judge ruled on Wednesday in favor of broker ED&F Man in a claim against Singapore commodities trader Straits and four other defendants about fraudulent warehouse receipts for nickel stored in...
Feb 16 2022 // Carmen Hall Soruco, 70, and her husband Antonio Soruco, 75, both of Novato, California, were sentenced after pleading guilty to workers’ compensation fraud charges.Hall was sentenced on multiple felony counts to two...
Feb 15 2022 // School trustees in Las Vegas have approved a $9 million settlement in a case involving a former school bus driver who was sent to prison in 2018 for sexually assaulting special education preschoolers.The Clark County...
Feb 14 2022 // Investigators believe hackers stole at least some of the Social Security numbers and other sensitive personal data of 650,000 current and former Washington state professionals and business owners during a breach of a state...
Feb 14 2022 // Georgia authorities are investigating what may be an Atlanta-based theft ring that has stolen more than two dozen moving trucks, swiping families’ entire belongings in the process.Some of the victims were en route to...
Feb 14 2022 // Seven more people have been charged in New Orleans for their participation in a scheme to stage collisions with commercial trucks, bringing the total number of defendants charged in the federal probe up to 47.United States...
Feb 14 2022 // A judge has tossed two of six fraud counts against a former Boeing pilot involved in evaluating the troubled Boeing 737 Max jetliner.A federal judge in Fort Worth last week dismissed, on technical grounds, counts that...
Feb 11 2022 // The former owner of a group of health spas and clinics in Los Angeles has admitted to participating in a $20 million insurance fraud scheme involving Botox injections, laser hair removal and other procedures, federal...
Feb 11 2022 // Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in cyber-crime that has prompted a global effort to stop it, according to a new report from...
Feb 11 2022 // Unlicensed insurance agent Karyl Lynn Reed, 58, formerly of Cosa Mesa, California, was convicted last week on multiple felony counts of embezzlement and white-collar fraud enhancements after defrauding three victims of...
Feb 10 2022 // Although the election is still months away, the race for Georgia insurance commissioner already is a campaign of firsts — and some strong rhetoric aimed at insurance companies and regulators.Janice Laws Robinson, an...
Feb 7 2022 // A Georgia judge has issued an arrest warrant for an Alabama woman who may have forged documents to receive more than three months of insurance benefits after a 2019 car crash. Tessa Blakely, 40, of Fort Mitchell, Alabama,...
Feb 7 2022 // A group of major cryptocurrency firms including Coinbase, Circle, Anchorage Digital and Huobi Global are forming a new coalition aimed at cracking down on market manipulation in an effort to instill trust in the burgeoning...