All the headlines from our Fraud Topic Page, ordered by recency.
Jun 14 2021 // The co-founder of a Florida financial firm facing investor lawsuits alleging securities fraud has died by suicide, and a spokesperson on Monday denied wrongdoing, saying the death was not connected to a class action...
Jun 10 2021 // A New Jersey U.S. Postal Service (USPS) mail carrier has been charged with making false statements to obtain federal workers’ compensation benefits.Aida Perez, of Roselle Park, New Jersey, has been charged by...
Jun 8 2021 // Two Arkansas physicians were sentenced in late May to a combined 150 months in federal prison for distributing pain medicines without a prescription.Cecil. W. Gaby, 71, of Fort Smith, and Robin Ann Cox, 64, of Rogers, were...
Jun 7 2021 // The president and CEO of a Taunton, Massachusetts, insurance agency has been indicted in connection with an alleged embezzlement scheme that left client companies uninsured, Attorney General Maura Healey announced.David...
Jun 3 2021 // A Georgia police officer did not violate federal computer fraud law when he used his patrol car computer to access information on a license plate in exchange for money, even though his action violated his...
May 27 2021 // Oklahoma business owners may soon have a bit more protection against the growing threat of cybercrime as the revised House Bill 1759 passed the House and moves to the Gov. Kevin Stitt for his signature.HB1759, authored by...
May 27 2021 // A Waxahachie, Texas, nurse practitioner has been sentenced to 20 years in federal prison and ordered to repay more than $52 million in restitution for his role in a healthcare and insurance fraud scheme, according to...
May 26 2021 // A West Bloomfield, Mich., physician has been charged with insurance fraud and dispensing prescriptions without a license, the state attorney general’s office reported.Michigan Attorney General Dana Nessel has charged...
May 25 2021 // State and federal authorities are pitching in as investigators try to determine the cause of a fire that destroyed three buildings in the historic downtown of an Upper Peninsula village.Investigators in Calumet were...
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...