Latest Fraud Headlines

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

Supreme Court Rules Corporate Silence on Impactful Trends Not Securities Fraud

Apr 16 2024 // Shareholders cannot sue companies for fraud if they flout a rule requiring disclosure of trends expected to affect their bottom line unless the omission makes another statement misleading, the U.S. Supreme Court ruled on...

FBI Opens Criminal Probe Into Deadly Baltimore Bridge Collapse

Apr 16 2024 // The FBI said on Monday it opened a criminal probe into the collapse of a Baltimore bridge in March when a ship crashed into a bridge support, while local officials confirmed the recovery of a fourth body from the...

Assistant Principal Faces Criminal Charge in Case of 6-Year-Old Who Shot Teacher

Apr 12 2024 // A former assistant principal at a Virginia elementary school has been charged with felony child neglect more than a year after a 6-year-old boy brought a gun to class and shot his first-grade teacher.A special grand jury...

Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud

Apr 11 2024 // Few mechanics post photos of themselves on Venetian canals, brag about buying $30,000 artworks or frequent the George V Hotel in Paris and Chateau Marmont in Los Angeles.But this was the life Donnie Callaway portrayed via...

National Crime Report Shows Vehicle Thefts Surged to More than 1 Million in 2023

Apr 10 2024 // It was another record-breaking year for vehicle thefts in 2023, with more than one million vehicles reported stolen – an overall increase of 1% nationwide from 2022 to 1,020,729 last year.A report from the National...

Hackers Claim to Have UnitedHealth’s Stolen Data – But Is It a Bluff?

Apr 10 2024 // A freshly formed hacking gang claims to have won access to a massive stash of data stolen from UnitedHealth Group, the largest U.S. health insurer, but with little evidence to go on it is not clear whether they are telling...

Grand Jury Indicts ‘Hole in Won’ Owner on Prize Insurance Fraud Charges

Apr 10 2024 // A federal grand jury in Connecticut returned a six-count indictment charging a Norwalk, Connecticut business owner with fraud offenses related to his operation of a prize insurance business.According to the officials,...

Former Maryland Insurance Agent Pleads Guilty to Stealing $369K

Apr 8 2024 // A former Maryland title insurance agent recently pleaded guilty to carrying out a multi-year theft scheme netting her more than $369,000, according to the state attorney general. Cheryl Leigh Gray was a licensed insurance...

Iowa Man Sentenced for Insurance Fraud

Apr 4 2024 // An Iowa man was sentenced in March after pleading guilty to one count of Theft 3rd Degree (Aggravated Misdemeanor) following an investigation by the Iowa Insurance Division’s Fraud Bureau.Khalil Justin Crawley, age...

Murdaugh Sentenced to 40 Years for Stealing Insurance, Other Funds from Clients, Firm

Apr 3 2024 // CHARLESTON, S.C. (AP) — For maybe the last time, Alex Murdaugh, in a prison jumpsuit instead of the suit he used to wear, shuffled into a courtroom Monday in South Carolina and was sentenced to 40 years in federal...

Six Defendants to Stand Trial in Michigan Insurance Fraud Case

Apr 1 2024 // Six defendants will stand trial on charges alleging the group operated an auto insurance fraud scheme targeting Michigan residents involved in automobile collisions, Michigan Attorney General Dana Nessel and Anita Fox,...

FBI: Murdaugh Lied About Where Stolen Money Went and Who Helped Him Steal

Mar 28 2024 // Convicted killer Alex Murdaugh didn’t tell the truth when FBI agents repeatedly asked him where more than $6 million he stole ended up and whether another attorney not yet identified helped him steal from clients and...

Louisiana Insurance Producer Arrested for Fraud, Theft

Mar 28 2024 // A Baton Rouge, Louisiana insurance producer was arrested for insurance fraud and theft, the Louisiana State Police announced this week.The Louisiana State Police Insurance Fraud/Auto Theft Unit Baton Rouge Field Office...

Two Iowa Men Sentenced in Workers’ Comp Fraud Scheme

Mar 27 2024 // Two Iowa men were sentenced this month in connection with workers’ compensation fraud.Trey Wysocki, age 40, of New Virginia was sentenced on March 11, 2024, after pleading guilty to one count of Insurance Fraud...

FBI: Alaska Airlines Passengers Told They Might Be Crime Victims

Mar 27 2024 // The FBI has told passengers on the Alaska Airlines Boeing 737 Max that lost a door-plug panel in midflight that they might be victims of a crime.“I’m contacting you because we have identified you as a possible...

Alabama Sales Rep and Clinic Owner Sentenced in $28M Billing Fraud Scheme

Mar 25 2024 // A medical sales representative and a pain clinic owner in Alabama have been sentenced to years in prison for their roles in a long-running, $28 million fraud scheme that involved a compounding pharmacy, unneeded nerve...

China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case

Mar 22 2024 // Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, ramping up pressure on the global...

Florida Jewish Center Burned by Arsonist But Police Say It’s Not a Hate Crime

Mar 20 2024 // FORT LAUDERDALE, Fla. (AP) — A South Florida Jewish center suffered severe damage in a weekend arson fire that police believe was set by a mentally ill homeless man who previously confronted the rabbi and others.Rabbi...

Member of Major Catalytic Converter Theft Crew Sentenced to More Than Three Years

Mar 20 2024 // A Springfield, Massachusetts man was sentenced last week in federal court in Boston for his role in a regional organized theft crew that stole catalytic converters from nearly 500 vehicles, robbed jewelry stores and stole...

China Evergrande’s Alleged $78 Billion Fraud Is Among World’s Worst

Mar 19 2024 // China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history.The...