All the headlines from our Fraud Topic Page, ordered by recency.
Aug 17 2021 // A Norwood, Massachusetts, woman was arrested in connection with fraudulently receiving federal workers’ compensation benefits and disability benefits from the Social Security Administration (SSA).Karen Nolan was...
Aug 16 2021 // The number of insurance fraud investigations in Minnesota in 2020 rose by 11% compared with 2019, according to the state’s primary law enforcement agency focused on white collar crime.The Minnesota Commerce Fraud...
Aug 16 2021 // The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition.An increasing number of attacks...
Aug 12 2021 // LONDON/SINGAPORE/HONG KONG – Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the center of the hack said on...
Aug 9 2021 // A major Pennsylvania heavy equipment contractor entered no contest pleas to four theft counts and agreed to pay restitution of more than $20 million over allegations it illegally diverted pension money and other benefits...
Aug 6 2021 // A former Iowa insurance producer was recently sentenced after pleading guilty to an insurance fraud scheme.Dustin French of Red Oak, Iowa, pled guilty in July to one count of Theft 3rd Degree (Aggravated Misdemeanor). The...
Aug 6 2021 // A former mayor in West Virginia has pleaded guilty to stealing federal relief funds meant to rebuild his city after a massive 2016 flood.Ex-Richwood Mayor Bob Henry Baber, 70, pleaded guilty Monday in Nicholas County...
Aug 4 2021 // Communities across Texas are sharing $13.6 million in grant funding aimed at reducing and preventing motor vehicle crime in the state.The Texas Motor Vehicle Crime Prevention Authority (MVCPA) grants provide support for...
Aug 4 2021 // A Lake Charles, Louisiana, orthopedic surgeon pleaded guilty to workers’ compensation fraud conspiracy, the U.S. Justice Department reported.Robert Dale Bernauer Sr., 74, pleaded guilty to one count of conspiracy to...
Aug 4 2021 // Frank Simplicio, 45, of Porter Ranch, Calif., was arraigned on multiple felony counts of insurance fraud and perjury.A California Department of Insurance investigation revealed Simplicio allegedly claimed to be too injured...
Aug 4 2021 // As ransomware attacks are on the rise and cyber risks continue to mount, experts say there has been “a paradigm shift in cybersecurity enforcement.”That’s according to Matt Levine, a partner in Phillips...
Aug 4 2021 // U.S. crime alert app Citizen is launching its first paid feature, offering subscribers access to a live safety agent when they are in “stressful or uncertain situations.”Citizen uses crowd-sourced content and...
Aug 4 2021 // A former Boston Police Department auto repair technician has agreed to plead guilty to a scheme to embezzle more than $260,000 from the department in auto parts and supplies, federal prosecutors said.Bahram Gharony bought...
Aug 2 2021 // Jurors convicted suspended Georgia insurance commissioner Jim Beck on 37 counts of mail fraud, wire fraud and money laundering and tax fraud charges.The jury needed about an hour and 20 minutes to return the guilty...
Jul 30 2021 // A North Texas doctor will pay $376,368 in restitution after pleading guilty to mail fraud conspiracy in federal court, the Texas Department of Insurance, Division of Workers’ Compensation reported.Clinton Battle M.D....
Jul 30 2021 // The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition.An increasing number of attacks...
Jul 30 2021 // FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach.The company said it serves insurers in more than 40...
Jul 27 2021 // Getaround Inc. will pay $950,000 to Washington, D.C. and revise its business practices after allegations that it misrepresented the benefits and nature of its car sharing services and failed to pay city sales taxes,...
Jul 22 2021 // Jurors convicted suspended Georgia insurance commissioner Jim Beck on 37 counts of mail fraud, wire fraud and money laundering and tax fraud charges.The jury needed about an hour and 20 minutes to return the guilty...
Jul 22 2021 // Georgia’s suspended insurance commissioner testified at his federal fraud trial Tuesday, saying he oversaw valuable work for his former employer and that hundreds of thousands of dollars that flowed to an entity he...