All the headlines from our Fraud Topic Page, ordered by recency.
May 24 2021 // A Delaware man was sentenced on Friday to nearly four years in prison for his role in a plot to defraud a beauty product manufacturer out of more than $2 million.U.S. District Judge James Bredar in Baltimore also ordered...
May 20 2021 // A former gynecologist in Virginia who was convicted on fraud charges for performing unnecessary surgeries and procedures was sentenced Tuesday to 59 years in prison.Dr. Javaid Perwaiz also was ordered to pay $18.5 million...
May 17 2021 // This post is part of a series sponsored by Old Republic Surety.Fidelity bonds differ from liability insurance and errors and omissions insurance. They protect against corporate crime. Does your commercial client’s...
May 17 2021 // A Michigan man has been ordered to pay restitution of nearly $775,000 for an alleged insurance scam, the state insurance department says.Michigan Department of Insurance and Financial Services (DIFS) Fraud Investigation...
May 14 2021 // Ryan Black, 45, formerly of Fair Oaks, Calif., and Curtis Davis, 53, of Penryn, were both charged this week with three felony counts of workers’ compensation fraud after allegedly underreporting payroll and employees...
May 14 2021 // Oklahoma Gov. Kevin Stitt on May 7 signed into law legislation creating new penalties for workers’ compensation fraud. The legislative summary for House Bill 2236 states that anyone “failing to report to an...
May 14 2021 // Losses from cryptocurrency theft, hacks and fraud fell sharply in the first four months of the year, but crime in the booming “decentralized finance” space hit an all-time high, a report from crypto...
May 12 2021 // A Louisiana insurance agent was arrested on May 10, following an investigation by Louisiana State Police into allegations of insurance fraud.The Louisiana Department of Insurance had revoked the property/casualty producer...
May 11 2021 // A construction company owner was arrested in Florida this month for workers’ compensation premium fraud and grand theft for allegedly concealing payroll information to avoid paying more than $88,000 in workers’...
May 10 2021 // Formerly licensed insurance agent Danny Raymond Armenta, 48, of Clovis, Calif. was arraigned on Monday in Fresno Superior Court on multiple felony counts of embezzlement, grand theft and diversion of fiduciary funds after...
May 9 2021 // In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals.AXA, among...
May 4 2021 // A South Dakota-based former Sanford Health neurosurgeon and two medical device distributorships that he owns will pay $4.4 million to settle allegations that they defrauded the federal government through illegal kickback...
Apr 30 2021 // Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and...
Apr 29 2021 // A suburban Chicago chiropractor has been sentenced to a 20-month term in federal prison for fraudulently submitting reimbursement claims to private insurers and Medicare for nonexistent treatment, the U.S. Attorney for the...
Apr 28 2021 // Former insurance broker Karen Marie Dondanville, 53, of Mission Viejo, Calif., was arrested on 90 felony counts including grand theft, insurance fraud, financial elder abuse, and forgery for allegedly collecting premiums...
Apr 28 2021 // The city of Chicago has filed a lawsuit against an Indiana gun store, contending it has sold hundreds of guns to straw buyers that in turn have ended up in the hands of felons or at crime scenes in the city.The lawsuit...
Apr 26 2021 // As Europe races to set up a digital health pass scheme to save the holiday season from the pandemic, technical and political obstacles are showing just how big a challenge the world faces in building such systems, people...
Apr 22 2021 // Michigan Gov. Gretchen Whitmer recently announced changes in the state’s contracting process to ensure construction and other companies are not rewarded with government money for payroll fraud such as misclassifying...
Apr 21 2021 // A bipartisan solution to address the proliferation of cybercrime has unanimously passed the Oklahoma Senate.House Bill 1759, authored by Rep. Trish Ranson, D-Stillwater and Sen. Zack Taylor, R-Seminole, updates language in...
Apr 21 2021 // A Maine man accused of setting fire to a Massachusetts church with a predominantly Black congregation been charged with hate crime offenses, federal prosecutors said.Dushko Vulchev is charged in federal court with four...