All the headlines from our Fraud Topic Page, ordered by recency.
Mar 28 2019 // Four New Jersey men and six of their associated businesses were charged with first-degree conspiracy and money laundering in connection with a bank scheme involving the deposit of nearly $1.4 million in phony or forged...
Mar 28 2019 // A surge in vehicle thefts, including keyless car crime, has led to motor insurers paying out a record £1 million (US$1.3 million) every day, according to figures published by the Association of British Insurers (ABI).See...
Mar 27 2019 // The Pennsylvania attorney general’s office charged the co-founder and former executives of an addiction treatment firm and accused them of profiting off addicts by fraudulently billing insurance companies for tens of...
Mar 27 2019 // The U.S. Supreme Court reinforced the Securities and Exchange Commission’s powers, upholding sanctions against an investment banker found to have duped investors about a startup company’s financial...
Mar 27 2019 // U.S. motorists appear to forgetting one of the earliest lessons of car ownership: Don’t leave the keys in the car.The National Insurance Crime Bureau reports that the number of vehicles stolen because drivers left...
Mar 26 2019 // Arkansas Insurance Commissioner Allen Kerr is warning consumers in his state to be wary of individuals posing as car insurance agents to sell fraudulent policies at car dealerships.In a media release, Kerr said the...
Mar 26 2019 // A former University of Minnesota employee who admitted to stealing iPads from Target is also accused of the using school funds to purchase 78 computers over 14 months and sell them for personal profit, according to...
Mar 26 2019 // It sounds like it should have been impossible to miss, but it took more than a year for an industrial equipment company to discover $12,000 worth of doggie day spa charges on an employee’s expense reports.Level upon...
Mar 22 2019 // A Bronx County, N.Y., man has been arrested and arraigned on a felony complaint for an alleged insurance fraud scheme.Barrington Mayne, who is not an insurance broker, allegedly used his position and contacts at various...
Mar 21 2019 // The owner of a Revere, Mass.-based contracting company has been indicted in connection with a workers’ compensation insurance fraud scheme, according to Massachusetts Attorney General Maura Healey.Anner Valentin...
Mar 20 2019 // A Travis County body shop owner has been sentenced to 10 years of probation after pleading guilty to reporting wrecks that never took place and damaging vehicles to increase insurance payouts, the Texas Department of...
Mar 20 2019 // A licensed insurance agent out of Orlando, Fla., was arrested this month for allegedly submitting fraudulent insurance applications to multiple carriers, according to a statement from Florida CFO Jimmy Patronis.Sheila De...
Mar 19 2019 // The former owner of Vermont’s Jay Peak resort is fighting claims from a court-appointed receiver that it should pay millions in damages as part of a settlement.The Caledonian-Record reports Canadian Saint-Sauveur...
Mar 19 2019 // Former Steinhoff Chief Executive Markus Jooste and seven others were involved in a 6.5 billion euro ($7.4 billion) accounting fraud at the South African retailer, the new CEO said told lawmakers on Tuesday.Steinhoff said...
Mar 18 2019 // Uber Technologies Inc. is not criminally liable in a March 2018 crash in Tempe, Ariz., in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said earlier this month.The Yavapai...
Mar 18 2019 // Denouncing the state’s current ranking when it comes to consumer scams and insurance abuse, Florida Chief Financial Officer (CFO) Jimmy Patronis has announced a new initiative aimed at reducing fraud in the...
Mar 15 2019 // The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud”...
Mar 14 2019 // A New Mexico non-profit that’s assembled gift bags for the Oscars and Grammys is facing a class action lawsuit brought by disabled employees who say it pays as little as 18 cents an hour.The suit is the latest to...
Mar 14 2019 // A Rhode Island insurance agent who specializes in insuring horses has been sentenced to three years in prison for defrauding clients, insurance companies and finance companies out of $1.3 million.Federal prosecutors say...
Mar 13 2019 // Zain Jaffer’s charmed, Silicon Valley life was about to collapse beneath him.It was October 2017 and Jaffer, founder of a promising mobile ad startup, was suddenly arrested and charged with a series of crimes,...