All the headlines from our Fraud Topic Page, ordered by recency.
Jan 25 2019 // Insurance Commissioner Vicki Schmidt has appointed Dennis Jones as director of Anti-Fraud at the Kansas Insurance Department (KID).Jones brings over 30 years of legal experience having previously served as a city attorney,...
Jan 24 2019 // FRISS, the provider of fraud and risk solutions for the property/casualty insurance industry, announced the opening of its French office in Paris. At the same time FRISS is expanding their team, led by the country manager...
Jan 23 2019 // A Houston company has pleaded guilty to workers’ compensation premium fraud in a case that spanned four years, the Texas Department of Insurance, Division of Workers’ Compensation announced.According to the...
Jan 23 2019 // A former Iowa insurance agent has been convicted of insurance fraud following an insurance fraud investigation by the Iowa Insurance Division’s Fraud Bureau.The division reported that Joy Marie Heldt, age 48, of...
Jan 23 2019 // U.K. entrepreneur Luke Johnson’s efforts to save Patisserie Valerie failed as an accounting scandal pushed the bakery chain’s parent into insolvency, threatening as many as 2,800 jobs on Britain’s...
Jan 23 2019 // Broker ED&F Man has filed a $284 million lawsuit against two Hong Kong companies, alleging that they knowingly provided fraudulent warehouse receipts for nickel stored in Asia, court documents show.The two Hong Kong...
Jan 22 2019 // A Florida man is reaching out to the comic-collecting community, hoping to reclaim nearly 450 valuable comic books that were recently stolen. The Sun Sentinel reports that Randy Lawrence posted on social media last week...
Jan 18 2019 // Commodities broker Marex Spectron was warned by one of its executives about the risk of fraud before it finalized a metals financing deal with French bank Natixis that triggered a $32 million lawsuit by the lender, court...
Jan 18 2019 // An unlicensed insurance adjuster has been arrested over unlicensed public adjusting activities and the filing of false and fraudulent liens on individuals’ homes following Hurricane Irma, according to a statement...
Jan 17 2019 // The North Carolina Industrial Commission’s Compliance and Fraud Investigative Division collected more than $3.2 million in penalties and issued 289 criminal charges at the end of the first two quarters of Fiscal Year...
Jan 16 2019 // With a new Democratic ally in the governor’s office, a handful of Republican lawmakers are pushing for Wisconsin to join the rest of the country and criminalize first-offense drunken driving.On paper it might look...
Jan 16 2019 // U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission...
Jan 15 2019 // An Alabama-based chiropractor, who was accused in a scheme to conduct fraudulent physical examinations on prospective long-haul truckers and submit false documents to federal transportation regulators, has been sentenced...
Jan 9 2019 // The Landy Agency of Needham, Mass., has launched a new crime program with Great American Insurance Group that offers low minimum premiums and a focus on small to medium‐sized businesses. Coverage is admitted in all...
Jan 9 2019 // A Colorado man has been sentenced to 76 years in prison for securities fraud over soliciting investments for insurance marketing organizations.The Denver Post reported 59-year-old Kelly James Schnorenberg was sentenced...
Jan 9 2019 // A former police officer has been sentenced to prison for his role in stealing $187,000 in federal Superstorm Sandy relief funds to repair a vacation home on the New Jersey shore.The Asbury Park Press reports 45-year-old...
Jan 8 2019 // The U.S. Supreme Court on Monday turned away a whistleblower’s bid to revive a $663.4 million judgment against Trinity Industries Inc. in a lawsuit accusing the company of failing to tell a federal agency about...
Jan 7 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Jan 7 2019 // With some of the highest auto insurance rates in the nation, Michigan’s no-fault insurance laws — much maligned by the insurance industry and business interests — are sure to be a target for legislative...
Jan 7 2019 // Lawmakers Debated More Than 100 Fraud-Related Bills and Passed 33 into LawThe introduction of new bills slows down during years when legislators tend to be more concerned with reelection. That’s why 2018 was such a...