All the headlines from our Fraud Topic Page, ordered by recency.
May 8 2024 // U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told...
May 8 2024 // Robert Kirby Wells, 64, of Woodland, California, was sentenced this week to two years in prison for aggravated identity theft.Court documents show Wells was an insurance broker for a company in Denver, Colorado, that owned...
May 7 2024 // Lenders to 777 Partners have accused it of fraud, claiming that the Miami-based investment firm borrowed against $350 million of assets that it didn’t own, didn’t exist or were already promised to someone...
May 6 2024 // Two Texas-based natural gas companies are being sued by Oklahoma, which alleges they fraudulently reduced gas supplies to send prices soaring during Winter Storm Uri making huge profits while thousands shivered across the...
May 3 2024 // Artsana, a maker of child car booster seats, last year agreed to settle claims that it had misled customers about how to use its products, offering $50 to people who had bought Chicco-brand seats.The company, which did not...
May 3 2024 // After an investment research firm dropped a bombshell last month and sent shares of Globe Life Inc. plunging by 53%, the insurance company denied the allegations that officers had concealed fraud and sexual harassment...
May 3 2024 // A California business owner convicted of felony workers’ compensation insurance fraud was ordered to pay $687,560 in restitution to the victims.An investigation by the California Department of Insurance determined...
May 2 2024 // New Mexico labor announced a legal settlement that resolves longstanding accusations of unpaid wages against a restaurant business in northwestern New Mexico.The Workforce Solutions Department said in a news release that...
May 2 2024 // Kent Bo Fridolfsson, 67, of Benicia, California, pleaded guilty to six charges of insurance fraud and grand theft after a joint investigation with the California Department of Insurance, Solano County District...
Apr 30 2024 // Montgomery, Alabama, authorities have charged two workers – a contract employee and a firefighter – with insurance fraud in unrelated alleged scams.Local news outlet reported that Michael Granger Hicks, who worked for...
Apr 26 2024 // Cyber claims frequency in the U.S. rose 13% last year, a new report shows.According to Coalition’s 2024 Cyber Claims Report, released this week, cybercrime is “a thriving business that adversely impacts”...
Apr 25 2024 // McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with federal prosecutors homing in on its work advising...
Apr 24 2024 // April Hurley’s attacker entered her apartment after identifying himself as the building maintenance man — a job he should never have obtained, according to a lawsuit filed Monday that accuses the property owner and...
Apr 23 2024 // A Michigan doctor was bound over last week in the 48th District Court in Bloomfield Hills on charges stemming from an allegedly fraudulent disability insurance claim and subsequent years of receiving fraudulent payments,...
Apr 23 2024 // Lawyers for former President Donald Trump and the New York attorney general on Monday agreed to changes in the terms of the $175 million surety bond Trump secured with Knight Specialty Insurance Co. (KSIC).Attorney General...
Apr 22 2024 // Authorities have added four more insurance fraud charges to those already lodged against an city official in coastal Alabama. Prichard City Councilman Derrick Griffin last week was indicted by a grand jury for the second...
Apr 19 2024 // A federal appeals court has sided with three chiropractors in ruling that claims under New Jersey’s personal injury protection statute concerning insurance fraud are subject to arbitration.GEICO has lost its bid to...
Apr 18 2024 // This post is part of a series sponsored by AgentSync.Having a criminal charge or conviction in one’s background can make things more difficult for a licensed insurance producer. However, it doesn’t always have...
Apr 17 2024 // An Iowa woman was charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau.Amanda Riggle, age 45, of Red Oak was charged with one count of Insurance Fraud – Fraudulent...
Apr 16 2024 // Dutch-headquartered chipmaker Nexperia was victim of a hacking attack by cyber criminals last month, the Chinese-owned company said on Friday, and was investigating the incident with the help of outside...