All the headlines from our Fraud Topic Page, ordered by recency.
Jul 29 2020 // A former Ohio insurance agent has been sentenced to nine years in prison for stealing more than $1.1 million from clients, according to the Ohio Department of Insurance.The ODI said Gregory Oliver, of Milford, Ohio, was...
Jul 27 2020 // South Africa’s Steinhoff has proposed to pay around $1 billion to settle outstanding legal claims following a massive accounting fraud, a fraction of the over 9 billion euros ($10.5 billion) claimants are seeking.The...
Jul 24 2020 // BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve claims they hid evidence that certain talc products contained asbestos in an effort to scuttle thousands...
Jul 24 2020 // German prosecutors arrested three former top executives of Wirecard on Wednesday, saying it suspected them of masterminding a criminal racket to fake the company’s accounts and bilk creditors of billions of...
Jul 23 2020 // A Moosup, Conn., man has been arrested and charged with illegally collecting workers’ compensation benefits while being employed as a Connecticut state trooper.Kevin Moore, age 41, was arrested by inspectors from the...
Jul 21 2020 // The former comptroller for a community college in Louisiana has pleaded guilty to stealing more than $250,00 from her employer.Carol Bates, the former comptroller for Bossier Parish Community College (BPCC), pled guilty on...
Jul 21 2020 // The National Insurance Crime Bureau (NICB) reports that Pat Martin has joined the association’s new general counsel.Martin is the former chief of the Criminal Division of the U.S. Attorney’s Office for the...
Jul 20 2020 // A former priest in Mississippi has been indicted for wire fraud after federal investigators said he took more than $18,000 from parishioners for personal expenses.Father Lenin Vargas, who led St. Joseph Catholic Church in...
Jul 20 2020 // An insurer is not liable for injuries caused by a policyholder who shot a 15-year-old boy in the head because the policy excluded coverage for criminal acts, a split Georgia Court of Appeals panel decided.The 2-1 ruling by...
Jul 17 2020 // Maryland uncovered a massive criminal enterprise involving identity theft and more than 47,500 fraudulent unemployment insurance claims in the state adding up to more than $501 million, Governor Larry Hogan said Wednesday,...
Jul 17 2020 // Berkley Crime, a division of Berkley FinSecure, a Berkley Co., has named Brian Platt assistant vice president-Underwriter. Platt will be focused on developing stand-alone fidelity/crime business across a spectrum of...
Jul 17 2020 // A Florida city official pleaded guilty Tuesday to his role in a scheme to bilk the federal government out of $5 million in Hurricane Michael cleanup money, the U.S. attorney’s office announced.Former Lynn Haven...
Jul 15 2020 // A Los Angeles company that runs 27 nursing homes has agreed to pay $16.7 million to settle allegations of Medicare fraud, the U.S. attorney’s office announced.Longwood Management Corp. didn’t acknowledge any...
Jul 14 2020 // The former owner of a Massachusetts cleaning company has been charged with wage theft and workers’ compensation insurance fraud, Rhode Island Attorney General Peter F. Neronha announced.Marcello Pompa, of Saugus,...
Jul 13 2020 // A Holbrook, Mass., man was indicted in connection with damaging luxury cars bought under false pretenses in order to collect insurance proceeds, Attorney General Maura Healey announced.Dion Augustin was indicted by a...
Jul 10 2020 // At the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from scores of U.S. federal, state and local law enforcement agencies obtained in a Houston data...
Jul 9 2020 // Texas suffers from more than $1 billion in losses from motor vehicle crime each year, according to the Motor Vehicle Crime Prevention Authority (MVCPA), a division of the Texas Department of Motor Vehicles.To help Texans...
Jul 7 2020 // Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire globe at once.Fraud-prevention advocates have long been warning about the coming...
Jul 7 2020 // BERLIN/FRANKFURT – German prosecutors said on Monday they had arrested the head of a Dubai-based subsidiary of Wirecard, widening the circle of suspects in a multi-billion-dollar fraud investigation into the collapse of...
Jul 6 2020 // A Houston pharmacist has been sentenced to 10 years in prison in a $21 million workers’ compensation fraud case.George Philip Tompkins, 75, the self-proclaimed “Compound King” and former owner of Piney...