Latest Fraud Headlines

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

CDI: 3 Charged with Auto Insurance Fraud, Forgery in California

Aug 25 2020 // Three Californians have been charged with multiple felony counts of insurance fraud and forgery for allegedly filing fraudulent insurance claims on a former employee’s policy and intercepting insurance checks to...

Experts Puzzled by Decline in Insurance Fraud Tips via Technology

Aug 25 2020 // Even though insurers have invested heavily in fraud-fighting technology, the percentage of referrals from automated systems accepted by special investigation units has declined to 15 percent from 22 percent in the past two...

Former California Agent Charged in $55K Insurance Fraud

Aug 25 2020 // Former Westlake Village, Calif., insurance agent has been arraigned on multiple felony counts of grand theft, burglary, and financial elder abuse for allegedly stealing over $55,000 in clients’ insurance premiums,...

11 Charged in Louisiana Staged Truck Crash Insurance Fraud Scheme

Aug 25 2020 // Eleven people have been in indicted in what law enforcement officials say is an expanding probe into tractor-trailer accidents staged in New Orleans, Louisiana, to defraud trucking and insurance companies.The 11 accused...

Anbang, Andy Bang, $1 Trillion in Claims. Ritz-Carlton Mystery Gets Its Day in Court.

Aug 24 2020 // When a 26-year-old Uber driver walked into a California deeds office two years ago, it was the real-estate equivalent of a butterfly flapping its wings and causing a tsunami half a world away.Hired by an elderly Chinese...

Florida Mayor, City Attorney Charged in $5M Hurricane Michael Fraud Scheme

Aug 21 2020 // The mayor and city attorney of a Florida Panhandle city are the latest to be charged in the theft of $5 million in Hurricane Michael debris removal funds, prosecutors announced Wednesday.Lynn Haven Mayor Margo Anderson and...

New York Regulator Issues Insurance Fraud Action Against Two Opioid Manufacturers

Aug 20 2020 // The New York State Department of Financial Services (DFS) has filed charges and initiated administrative proceedings against Teva Pharmaceutical Industries Ltd. and its subsidiaries, as well as Allergan PLC and its...

Philadelphia Officer’s Widower Charged with Fraud in Benefits Collection

Aug 19 2020 // The widower of a Philadelphia police officer who died while on duty has been charged with fraud after authorities say he collected hundreds of thousands of dollars worth of workers’ compensation death benefits after...

China Makes Investor Class Actions Easier in Crackdown on Corporate Fraud

Aug 19 2020 // China wants its army of mom-and-pop investors to take corporate fraudsters to task with landmark class action lawsuits, but heavy government involvement means they are not likely to be as common as in other legal systems,...

Dallas Doctor Sentenced to 5.5 Years in Prison for Health Care, Insurance Fraud

Aug 14 2020 // A Texas-based anesthesiologist has been sentenced to five and a half years in prison and ordered to pay more than $82.9 million in restitution for his part in a $200 million healthcare and insurance fraud scheme, according...

California Construction Worker Arraigned for Workers’ Comp Fraud

Aug 11 2020 // Meliton Hernandez Martinez Jr., 23, was arraigned today at the Merced County Superior Court in California on multiple felony counts of insurance fraud and a misdemeanor count of filing a false police report, after...

Idaho Man Sentenced for ‘Crash And Buy’ Insurance Fraud

Aug 11 2020 // Riley Presher, of Twin Falls, Idaho, was sentenced on Monday for insurance fraud in violation of Idaho Code 41-293.Presher on Dec. 15, 2017, purchased insurance and filed a claim for an accident he stated occurred that...

Ralph Lauren Suit Alleges Fraud by Insurer Refusing to Cover Coronavirus Losses

Aug 11 2020 // Fashion firm Ralph Lauren Corp. is suing its insurer to recoup what it says has been a huge drop of two-thirds of its revenues in the first quarter alone due to the pandemic.Ralph Lauren Corp. (RLC) maintains that Factory...

New Hampshire Contractor Arrested and Charged with Theft, Forgery

Aug 11 2020 // A New Hampshire contractor was arrested on July 31, 2020, and will be arraigned this week in connection with charges for theft, forgery and unfair or deceptive business practices.New Hampshire Attorney General Gordon J....

Northern California Woman Pleads Guilty to Workers’ Comp Fraud and ID Theft

Aug 10 2020 // Marlene Cavalcanti, 40, has pleaded guilty to two felony counts of insurance fraud and identity theft after falsifying documents to receive an additional $10,590 on her workers’ compensation claim.Cavalcanti,...

California Department of Insurance Fraud Suit Results in $24M in Payments from AbbVie

Aug 7 2020 // California Insurance Commissioner Ricardo Lara this week announced a settlement agreement with AbbVie Inc. to resolve a lawsuit alleging violations of the California Insurance Frauds Prevention Act involving the marketing...

California Labor Commissioner Suing Uber, Lyft for ‘Systemic Wage Theft’

Aug 5 2020 // The California Labor Commissioner’s Office has filed separate lawsuits against transportation companies Uber and Lyft for committing wage theft by misclassifying employees as independent contractors.Uber and Lyft...

Manhattan District Attorney Says Trump Probe Includes Alleged Insurance, Bank Fraud

Aug 4 2020 // Manhattan’s district attorney on Monday suggested a grand jury subpoena for U.S. President Donald Trump’s tax returns was part of an investigation of “possibly extensive and protracted criminal conduct at...

Northern California Woman Pleads Guilty to Workers’ Comp Fraud and ID Theft

Aug 3 2020 // Marlene Cavalcanti, 40, has pleaded guilty to two felony counts of insurance fraud and identity theft after falsifying documents to receive an additional $10,590 on her workers’ compensation claim.Cavalcanti,...

Travelers Europe Enhances CyberRisk Product for UK and Ireland

Aug 3 2020 // Travelers Europe announced it has enhanced its cyber insurance product, Travelers CyberRisk, to provide more coverages and risk management solutions to strengthen customers’ overall cyber-security programs. The...