Latest Fraud Headlines

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

10 Former NFL Players Charged in Alleged Health Insurance Fraud Scam

Dec 12 2019 // Ten former National Football League (NFL) players have been charged for their alleged roles in a nationwide fraud on a health care benefit program for retired NFL players, the Department of Justice said.The alleged fraud...

North Korean Hackers Found Partnering With Eastern European Cyber Criminals

Dec 12 2019 // North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that suggests digital gangsters and state-backed spies are finding common ground...

Court Rules Events After Email Instruction Don’t Erase Claim for Phishing Loss

Dec 12 2019 // A $1.7 million email phishing fraud that included phone calls with a fake lawyer and an intervention by a Wells Fargo fraud investigator is still a fraud and Ironshore Indemnity is liable for the claim, a split panel with...

Exxon Beats New York Claim of Climate Change Accounting Fraud

Dec 10 2019 // Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company...

Georgia Cemetery Workers Accused of Stealing, Selling Memorials

Dec 10 2019 // Two Georgia cemetery employees have been charged with stealing dozens of bronze memorial markers and selling them at a recycling center for about $300,000. The Carroll County Sheriff’s Office responded to complaints...

California Department of Insurance Arrests Suspects in $500K Auto Fraud Ring

Dec 9 2019 // Investigators from the California Department of Insurance, San Diego County District Attorney’s Office, and the California Highway Patrol have arrested four suspects for alleged involvement in an organized auto fraud...

Former Georgia Mayor Pleads Guilty to 30 Counts of Insurance Fraud

Dec 6 2019 // A former Georgia mayor pleaded guilty Tuesday to 30 counts of insurance fraud after stealing over $11,000 from victims who believed they were paying for insurance policies.Former Franklin Mayor Brad Yates, in a negotiated...

Texas Woman, Man Convicted of Workers’ Comp Fraud in Separate Cases

Dec 6 2019 // Texas Mutual Insurance Co. reported that two Texans have been convicted of workers’ compensation fraud in two separate cases.The workers’ compensation insurer said Sharon Boachie of Arlington and Larry Toliver...

Report on California Workers’ Comp Looks at Medical Provider Fraud

Dec 4 2019 // The Workers’ Compensation Insurance Rating Bureau of California in a follow-up analysis to its 2018 study that evaluated the potential impact of medical provider fraud enforcement shows indicted providers treated...

Art Thefts, Such as Dresden Jewelry Heist, Are Here to Stay: Opinion

Dec 4 2019 // The management of Dresden’s Green Vault, where the biggest museum heist in post-World War II German history took place on Monday, has declined to estimate the market value of the stolen jewelry “because it is...

Georgia Agent Indicted on 23 Counts, Accused of Stealing $1.3M from Customers

Dec 4 2019 // A Georgia man was indicted last month on 23 counts, including insurance fraud and trafficking an elder person by financial exploitation, after an investigation earlier this year by the Georgia Department of Insurance Fraud...

Cryptocurrency Fraud Losses Surge to $4.4 Billion: CipherTrace Report

Dec 2 2019 // Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking to carry out bigger heists, according to a report from blockchain forensics company...

Berkshire Hathaway Specialty Insurance Offers Commercial Crime Cover in Asia Market

Dec 2 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it is introducing Commercial Crime Insurance in Asia, a new policy designed to help companies address the exposures of a changing fraud landscape.BHSI’s...

Opioid Makers, Distributors Could Face U.S. Criminal Charges

Nov 27 2019 // Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare crisis, according to...

Germany’s Green Vault Museum Finds It’s Uninsured for $1 Billion Theft of Jewels

Nov 27 2019 // A day after burglars made off with priceless jewels from a German museum, pressure is growing on police to find the culprits. One big reason: The diamond-encrusted dagger, pearl necklace, and dozens of other glittering...

Online Scams Are Catching Newly Vulnerable Icelanders Unprepared

Nov 26 2019 // “Hi, I hope you are not busy?”The treasurer of the Icelandic soccer club Afturelding got the email from his manager late in the afternoon, soon before banks were about to close. The words “Sent from my...

Florida Investigating Attorney Charged with Lawsuit Fraud

Nov 26 2019 // The Florida Bar has opened an investigation of a New York lawyer who it says may have been practicing in Florida without a license.The Bar’s investigation of Stuart Finkelstein stems from federal charges this week...

Florida Woman Found Guilty of Hurricane Irma Relief Fraud

Nov 25 2019 // A Florida woman has been convicted of fraudulently obtaining Hurricane Irma disaster relief money.Court records show that 37-year-old Karen Latrice Houston was convicted by a jury in Tampa federal court this week of three...

Report Says Connecticut Has Highest Number of Metal Theft Claims in U.S.

Nov 21 2019 // A new report says Connecticut has had the most metal theft insurance claims in the country.The National Insurance Crime Bureau issued a report recently that found that Connecticut had the most metal theft insurance claims...

Minnesota Businessman Pleads Guilty in Labor Trafficking, Insurance Fraud Case

Nov 20 2019 // A businessman accused of insurance fraud and exploitation of his construction workers has pleaded guilty as his trial was about to start in Minneapolis.The Minnesota Department of Commerce reported that Ricardo Ernesto...