All the headlines from our Fraud Topic Page, ordered by recency.
Oct 10 2019 // A man previously accused of involvement in a Louisiana cattle theft ring has been indicted in Texas on charges he also stole cows from a rancher there.The Texas and Southwestern Cattle Raisers Association said in a news...
Oct 10 2019 // The owner of a Malden, Mass.-based cleaning company pleaded guilty and was sentenced to jail in connection with an insurance fraud scheme that involved worker misclassification, Massachusetts Attorney General Maura Healey...
Oct 9 2019 // Texas Mutual Insurance Co. reported that a Travis County district court has sentenced Joe D. Lozano, Sr. of Midland, Texas, on workers’ compensation fraud-related charges.Lozano reported a job-related injury while...
Oct 9 2019 // A Greek shipowner orchestrated a plan for men posing as pirates to attack and set fire to his tanker, in an elaborate fraud to seek $77 million in insurance money, a London judge found.In 2011, Marios Iliopoulos lured the...
Oct 8 2019 // FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re to now support insurers in their fight against fraud.Following their...
Oct 7 2019 // Kenneth X. Huang, 41, was sentenced last week to two years in federal prison, three years supervised release, and ordered to pay $259,594 in restitution over a reported fraud scheme involving insurance in California.A...
Oct 7 2019 // The restaurant industry, like many cash industries, is ripe for theft. One thing to take note of is just how contagious bad behaviors like stealing tend to be inside food establishments.New research by three researchers...
Oct 4 2019 // Three people in Miami have been arrested in an alleged $39,000 personal injury protection (PIP) fraud scheme, according to a statement from the Florida Department of Financial Services.Alean Machado, Barbarito Leyva-Claro,...
Oct 1 2019 // A Kearney, Nebraska, woman has been convicted of submitting a fraudulent insurance claim of nearly $246,000. Hall County District Court records say a jury found 49-year-old Debra Shriner guilty of the fraud and of...
Sep 30 2019 // Ex-insurance agent Yolanda De La Torre, 35, of Whittier, Calif., was arrested on Friday on one felony count of grand theft and one felony count of identity theft after allegedly collecting over $13,000 in insurance...
Sep 30 2019 // A Salem, Mass., man was indicted in connection with a scheme to set up a shell company to fraudulently collect benefits under a long-term care insurance policy, Massachusetts Attorney General Maura Healey...
Sep 27 2019 // Europe’s widening money laundering scandals took a new turn as ABN Amro Bank NV disclosed a criminal probe over alleged failures to check on clients and report suspicious transactions, a further sign of woe in an...
Sep 26 2019 // The Ohio Bureau of Workers’ Compensation (BWC) reported it secured eight fraud-related convictions in August, bringing 2019’s total to 63.BWC assisted in the investigation that led to the Aug. 30 sentencing of...
Sep 25 2019 // A Zanesville, Ohio, man and former county deputy sheriff must reimburse the Ohio Bureau of Workers’ Compensation (BWC) nearly $235,000 in restitution after being convicted on Sept. 23 on workers’ compensation...
Sep 24 2019 // Detectives are investigating the alleged thefts of about $350,000 worth of jewelry from residents in Manhattan’s Trump Tower.Police say the jewelry was stolen from inside two apartments in the building where U.S....
Sep 23 2019 // Brazilian federal police proposed criminal charges against Vale SA, auditor TÜV SÜD and 13 of their employees, alleging fraud in relation to a deadly dam collapse in January, according to a document seen by Reuters on...
Sep 20 2019 // Former licensed public adjuster John Schoon, 54, of Huntington Beach, Calif., was sentenced to 180 days in county jail and five years of felony probation after pleading guilty to three felony counts of embezzlement and one...
Sep 20 2019 // A Worcester, Mass., man who operated a temporary employment agency was indicted in connection with a scheme to evade more than $110,000 in workers’ compensation premiums, according to a press release issued by...
Sep 20 2019 // Police in South Florida say thieves stole up to $80,000 in merchandise from a wig warehouse.The owner of Prime Trading Hair and Wigs told detectives in Miami Gardens that he was notified overnight Tuesday that the alarm at...
Sep 19 2019 // The owner of a Nebraska dry cleaning business that burned following an explosion last year has been charged with arson and insurance fraud.The Sarpy County Attorney’s Office says in news release that 53-year-old...