All the headlines from our Fraud Topic Page, ordered by recency.
Jun 26 2024 // This post is part of a series sponsored by IAT Insurance Group. Cargo theft reached an all-time high last year — up 57% across North America alone.[1]Most commonly, these thefts are the result of an ongoing misdirection...
Jun 25 2024 // A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc.The cybercrime...
Jun 24 2024 // U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar...
Jun 24 2024 // Hackers are selling data about consumers of the LendingTree Inc. subsidiary QuoteWizard after the company detected unauthorized access on a cloud database hosted by Snowflake Inc., according to a person familiar with the...
Jun 21 2024 // Hackers are selling data about consumers of the LendingTree Inc. subsidiary QuoteWizard after the company detected unauthorized access on a cloud database hosted by Snowflake Inc., according to a person familiar with the...
Jun 21 2024 // The cyber criminals taking credit for the hack on London hospitals earlier this month have published what they claim is stolen data from the attack.England’s National Health Service said in a statement Friday it was...
Jun 18 2024 // An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony), following an investigation by the Iowa Insurance Division’s Fraud Bureau.Amanda Manatt, age 35, of...
Jun 14 2024 // The Securities and Exchange Commission (SEC) this week charged Ilit Raz, CEO and founder of the failed artificial intelligence recruitment startup Joonko, with defrauding investors of at least $21 million.According to the...
Jun 12 2024 // As lobbyists for businesses and labor groups negotiate with Gov. Gavin Newsom’s administration on how to amend a unique California labor law that allows workers to sue their bosses, the two sides seem to agree on at...
Jun 12 2024 // A pair of businessmen were arraigned on multiple felony counts including insurance fraud, grand theft, and tax fraud after a California Department of Insurance investigation found they allegedly underreported over $29.2...
Jun 10 2024 // MINNEAPOLIS (AP) — A jury convicted five Minnesota residents and acquitted two others on Friday for their roles in a scheme to steal more than $40 million from a program that was supposed to feed children during the...
Jun 10 2024 // A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private investment funds sparked by the pandemic that caused an estimated $7 billion of investor losses.Gregoire Tournant, 57, of...
Jun 6 2024 // USI Insurance Services (USI) announced the launch of PATH (patent pending), a proprietary technology-enabled risk control platform for clients.The new platform leverages industry-specific benchmark data to generate...
Jun 6 2024 // CANTON, Miss. (AP) — Madison County has recovered an estimated $900,000 after an investigation found that the county was defrauded out of millions of tax dollars, authorities said Monday.Sheriff Randy Tucker updated the...
Jun 6 2024 // GEICO Insurance companies have continued their campaign against alleged auto insurance fraud actors, including some well-known physicians and medical clinics. And a federal judge ruled this week that two of those...
Jun 5 2024 // Kansas Insurance Commissioner Vicki Schmidt announced that a Kansas man has been sentenced to six months of probation for insurance fraud. Robert Heidbreder, age 30, pleaded guilty in the District Court of Sedgwick County...
Jun 4 2024 // Florida financial regulators have charged a Fort Myers insurance broker with taking out a life insurance policy on a person without their knowledge and misusing the person’s identification information.Bryce Corey...
Jun 4 2024 // A New Jersey man who orchestrated a 13-year long, $60 million no-fault automobile insurance scam in New York has been sentenced to 10 years in prison.Bradley Pierre was sentenced by U.S. District Judge Paul G. Gardephe for...
May 31 2024 // A Kentucky tobacco farmer has been sentenced to more than three years in prison after pleading guilty to crop insurance fraud, eight years after he was convicted of similar crimes. David Manion, 61, who resides in...
May 24 2024 // The California Senate approved a bipartisan package of 15 bills this that would increase penalties for organized crime rings, expand drug court programs and close a legal loophole to make it easier to prosecute auto...