Latest Fraud Headlines

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

Organized Fraud Ring in California Sentenced for 15 Staged Collisions

Nov 29 2021 // Los Angeles, California residents Victor Valle-Diaz, 55, Eduardo Retana, 25, and Ausencio Gomez, 46, were sentenced to serve in state prison after pleading no contest to charges of insurance fraud and assault for their...

New Jersey Man Indicted in Connection with Auto Insurance Fraud Scam

Nov 22 2021 // A Hudson County, New Jersey, man was indicted for allegedly causing fraudulent automobile insurance applications to be submitted on his behalf in an attempt to avoid paying the policy premiums.John A. Loor (also known as...

Hair Affair: Carolina Man Claiming Hair in Burger Charged with Insurance Fraud

Nov 18 2021 // A Georgia man who claimed he found a hair in his McDonald’s hamburger has now been charged with insurance fraud.Ronnie Bernard Truesdale, 41, of Raleigh, was arrested this week after authorities determined that he...

Cargo Theft Cases Down in Q3 Compared to Highs of 2020: CargoNet

Nov 16 2021 // There were 359 supply chain theft and fraud incidents across the United States and Canada in the third quarter of 2021, according to CargoNet.They included 294 total theft incidents that involved theft of a trucking...

Theft Down, Weather Losses Up in Homeowners

Nov 15 2021 // Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years.According to the 2021, LexisNexis Home Trends Report,...

Insurers for High Crime Areas on Notice after Georgia Court Affirms $43M Verdict

Nov 12 2021 // A Georgia appeals court has upheld a $43 million premises liability verdict against the CVS Pharmacy chain, ruling that the company failed to take security measures to prevent the shooting of a patron in 2012.The case is...

Justice Department to Escalate Fight Against Cybercrime, Ransomware: Interview

Nov 8 2021 // The Justice Department is stepping up actions to combat ransomware and cybercrime through arrests and other actions, its No. 2 official told The Associated Press, as the Biden administration escalates its response to what...

UK Warns Facebook Executives to Keep Users Safe or Risk Criminal Charges

Nov 5 2021 // UK Culture Secretary Nadine Dorries warned Facebook Inc. and its chiefs are on course for criminal prosecution for failing to reign in the harmful effects of its platform.“Why would we give them two years to change...

Massachusetts Construction Company Owner Pleads Guilty to Tax, Workers’ Comp Fraud

Nov 4 2021 // The owner of a now-defunct Peabody, Massachusetts, construction company pleaded guilty in connection with a scheme to defraud the IRS of payroll taxes and to defraud his workers’ compensation insurance carrier by...

South Carolina’s New Fraud Bureau Clears First Conviction

Nov 3 2021 // The South Carolina Department of Insurance is reminding people that it has taken over responsibility for investigating and prosecuting suspected cases of insurance fraud in the state.Until July, the cases were handled by...

Connecticut Woman Accused of Theft, Convincing Spouse He Had Alzheimer’s

Nov 2 2021 // A Connecticut woman has been charged with larceny after police say she stole nearly $600,000 from her husband and convinced him he had Alzheimer’s disease in an attempt to hide her actions.Police said the 63-year-old...

Florida Man Jailed on Insurance Fraud After ‘Theft’ of Motorcycle

Nov 1 2021 // Cameras are everywhere these days, a Florida man learned after authorities say he faked the theft of a pricey motorcycle in order to gain an insurance payout.Jeffrey Stephens, 27, was arrested Friday on fraud charges, the...

Former Michigan Contractor Sentenced in $3.8M Unemployment Insurance Fraud

Nov 1 2021 // A former contractor for the state of Michigan has been sentenced to nearly five years in prison for helping orchestrate a $3.8 million fraud scheme involving money intended to help unemployed people during the coronavirus...

Unlicensed California Insurance Agent Arraigned in $1.4M Workers’ Comp Fraud Scheme

Oct 28 2021 // Unlicensed insurance agent Karyl Lynn Reed, 57, formerly of Cosa Mesa, Calif., was arraigned this week on multiple felony counts of grand theft, forgery, embezzlement, and aggravated white-collar crime after allegedly...

California Labor Commissioner Cites Drywall Company $7.2M for Wage Theft

Oct 27 2021 // The California Labor Commissioner’s office cited NGC Construction Inc. $7.2 million for wage theft violations affecting 724 workers.An investigation reportedly showed that the Visalia-based drywall company paid...

These Women Are Fighting Cyber Crime and Cybersecurity’s Gender Divide

Oct 27 2021 // Growing ransomware attacks aren’t the only issue concerning the cybersecurity industry today, according to experts on this episode of The Insuring Cyber Podcast. Another concern within the cybersecurity workforce is...

More ‘Missing’ Rolexes Turn Up; Owner Charged with Fraud

Oct 26 2021 // North Carolina authorities announced Monday that a Raleigh man has been charged with falsely claiming that two Rolex watches had been stolen, an apparent ruse to gain insurance payments.James Henry Weeks III, 47, was...

Maryland Army Veteran Charged with Fraud After Falsely Claiming Disability

Oct 25 2021 // A U.S. Army veteran in Maryland is facing federal charges for falsely claiming to be a paraplegic to obtain more than $1 million in government disability benefits.A federal criminal complaint charged William Rich of...

Multiple Delaware Residents Indicted for Auto Insurance Fraud

Oct 22 2021 // Late last month in New Castle County, Delaware, a grand jury indicted multiple residents for insurance fraud.The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the...

Former Wisconsin Insurance Agent Charged with Fraud; Fined $27K

Oct 21 2021 // The Wisconsin Office of the Commissioner of Insurance (OCI) has charged former insurance agent Richard Freeland with a number of violations of insurance law related to the sale of an unsuitable life insurance policy and...