Latest Fraud Headlines

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

‘We Cannot Do This Alone.’ Biden Cyber Crime Fighter Seeks Corporate Help.

Oct 21 2021 // U.S. Deputy Attorney General Lisa Monaco has a message for corporate America: The U.S. Justice Department needs its help in order to take down cyber criminals.“We cannot do this alone,” Monaco said on Wednesday...

California Labor Commissioner Cites Contractor $1.7M for Wage Theft Violations

Oct 19 2021 // The California Labor Commissioner’s office has cited JPI Construction $1.7 million for wage theft violations affecting 265 workers.An investigation reportedly found that the San Diego-based company failed to pay...

People Moves: Herman Named Alabama’s Insurance Fraud Bureau Director

Oct 19 2021 // A veteran police officer and fire investigator has been named director of the state’s Insurance Fraud Bureau and assistant state fire marshal. Bill Herman began his career at the Montgomery County Police Department,...

‘Lost’ Rolex Watch Turns Up at Washington Jeweler, Owner Faces Fraud Charge

Oct 18 2021 // Christopher Michalke, of Seattle, Wash., was charged in King County Superior Court with one felony count of filing a false insurance claim for a $14,753 Rolex watch after an investigation by Insurance Commissioner Mike...

Michigan Woman Pleads Guilty to $135K Insurance Fraud

Oct 14 2021 // A Portland, Michigan, woman has pleaded guilty to filing fraudulent insurance claims totaling more than $135,000, state insurance regulators say.According to Michigan Department of Insurance and Financial Services (DIFS)...

14 Charged in Michigan in $3M Insurance Fraud Scheme

Oct 12 2021 // Fourteen people have been charged in conjunction with an insurance fraud and theft scheme uncovered by a joint investigation by the Michigan Department of Insurance and Financial Services (DIFS) and the Ogemaw County...

Ex-Homeless Shelter Head in Massachusetts Charged with Stealing $1.5M

Oct 8 2021 // The former head of a Massachusetts homeless shelter stole about $1.5 million in part by secretly renting properties he owned to the shelter at above-market rates, prosecutors said.Manuel Duran, 69, then falsely certified...

Florida Pool Company Charged with Swindling Homeowners, Insurance Fraud

Oct 7 2021 // The South Florida owners of a swimming pool company have been charged with swindling homeowners out of almost $2 million, as well as failing to obtain workers’ compensation insurance and insurance application...

California Pharmacy Owner Gets 5 Years for $13M Scheme Involving Insurance Fraud

Oct 7 2021 // A man who owned a Southern California pharmacy was sentenced to over five years in prison after he admitted submitting more than $13 million in fraudulent insurance claims for expensive medication.Thu Van Le, 42, pleaded...

Former Police Department Employee Sentenced for Bribery, Insurance Fraud

Oct 7 2021 // A former employee of the Metropolitan Police Department (MPD) was sentenced to 78 days in jail, to be spent on weekends, for accepting more than $40,000 in bribes in exchange for providing personal identifying information...

Pennsylvania Man Sentenced for Insurance Fraud After Staging Motor Vehicle Accident

Oct 6 2021 // A Pennsylvania man was sentenced to 180 days in the Essex County Correctional Facility as a condition of probation for committing insurance fraud when he staged a motor vehicle accident in Newark, New Jersey.James E. Payne...

Over 175 Bronze Vases Stolen from Louisiana Cemeteries

Oct 4 2021 // At least one person has been arrested after more than 175 bronze vases were stolen off graves in two southwest Louisiana cemeteries.More than 100 vases were stolen from Consolata Cemetery in Lake Charles and, next door,...

White House Plans 30-Country Meeting to Combat Ransomware and Cyber Crime

Oct 4 2021 // Top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday.An online session...

Houston Man Sentenced for $1.8M Insurance Fraud Scheme

Oct 1 2021 // A Houston businessman has been sentenced to prison for an insurance fraud scheme and ordered to pay more than $1.8 million in restitution, federal officials say.According to Acting U.S. Attorney Nicholas J. Ganjei for the...

Judge Says Wells Fargo Must Face Shareholder Fraud Claims

Oct 1 2021 // A federal judge on Thursday rejected Wells Fargo & Co’.s bid to dismiss a lawsuit claiming it defrauded shareholders about its ability to rebound from five years of scandals over its treatment of customers.The...

Longtime New York City Contractor Indicted for $1M Insurance Fraud

Sep 30 2021 // Manhattan District Attorney Cyrus R. Vance Jr. and New York City Department of Investigation (DOI) Commissioner Margaret Garnett announced the indictment of Dragonetti Brothers Landscaping, Nursery, & Florist (DBLNF)...

Employees May Not Be Working Inside Office Buildings, But Cyber Criminals Are

Sep 29 2021 // The normal bustle inside of many office buildings has come to a halt during the pandemic switch to remote work, but these empty buildings could be inviting a different kind of activity: cyber crime.“With any type of...

Annual Financial Crime Compliance Costs Rise to $49.9B for Financial Institutions

Sep 28 2021 // Financial crime compliance costs for the U.S. and Canada are at nearly $50 billion in 2021, a rise of almost 20% from the year before, according to a new LexisNexis study.Labor costs, more regulations and evolving crime...

Connecticut Woman Charged with Workers’ Compensation Fraud, Larceny

Sep 27 2021 // A Wallingford, Connecticut, woman was arrested and charged with illegally collecting workers’ compensation benefits while being employed as a teacher for the City of Bristol Board of Education.Ann Marie Barros was...

Takeaways from Our Conversation on Crime at Cannabis Operations

Sep 27 2021 // One big national insurance cannabis firm sifted through some of its claims data to tell us that many thefts at cannabis operations are occurring overnight, but more interestingly, based on security footage and other...