Latest Fraud Headlines

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

How to Renew Your Insurance License with a Criminal Background Part 1: Alabama through Georgia

Mar 19 2024 // This post is part of a series sponsored by AgentSync.Insurance licenses can be hard to get and keep, even for those with the most pristine backgrounds. So, what’s an insurance producer to do if they find themselves...

Six Defendants to Stand Trial for Michigan Auto Insurance Fraud Scheme

Mar 18 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,...

Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say

Mar 18 2024 // Donald Trump’s efforts to secure a bond to cover a $454 million judgment in a New York civil fraud case has been rejected by 30 surety companies, his lawyers said on Monday, inching him closer to the possibility of...

Apple, Investors Reach $490 Million Settlement in Fraud Case

Mar 18 2024 // Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief Executive Officer Tim Cook of misleading them in 2018 about the company’s sales prospects.Cook...

Massachusetts Couple Charged With $627K in Workers’ Compensation Fraud and More

Mar 15 2024 // A Hopkinton, Massachusetts couple has been arrested and charged in connection with separate schemes to defraud their workers’ compensation insurance carriers, the Small Business Administration (SBA) and their...

Iowa Woman Charged With Insurance Fraud

Mar 13 2024 // An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) and one count of Theft in the 2nd Degree (Class D Felony) following an investigation by the Iowa Insurance...

Russian Hackers Are Weaponizing Stolen Microsoft Passwords

Mar 13 2024 // A Russian state-sponsored hacking group that stole sensitive data from Microsoft Corp. executives is trying to leverage that information to compromise the company’s source code and other internal systems, according...

Oxendine’s Georgia Fraud Trial Must Finally Start April 15, Federal Judge Says

Mar 13 2024 // A former Georgia insurance commissioners’ efforts to dismiss insurance fraud and money laundering charges against him have run their course. John Oxendine must face trial starting April 15, a federal judge has...

Kansas Man Sentenced to 12 Months Probation For Insurance Fraud

Mar 12 2024 // Kansas Insurance Commissioner Vicki Schmidt announced last week that an Overland Park man has been sentenced to 12 months of probation for insurance fraud. Matthew Finholm, age 43, pleaded guilty in the District Court of...

Meta Sues Former Employee Over Alleged Stolen Documents

Mar 12 2024 // Meta Platforms Inc. sued one of its former vice presidents for what it called a “stunning” betrayal in his defection to a “stealth” AI cloud computing startup.Dipinder Singh Khurana, also known as...

New York Inspector General Reports on 2 Workers’ Compensation Fraud Cases

Mar 11 2024 // New York State Inspector General Lucy announced a sentencing and a guilty plea in two separate workers’ compensation fraud cases.Lang announced the sentencing of Brian Simpson, 55, of Monroe County, who defrauded the...

Missouri Man, Woman Sentenced in $1.1M Insurance Fraud Scheme

Mar 8 2024 // Two Columbia, Missouri residents were sentenced in federal court on March 6 for their roles in a $1.1 million insurance fraud scheme that involved false claims of injuries suffered in faked car accidents.Michael Lee Gene...

Liberty University to Pay $14M Fine for Failure to Disclose Campus Crimes

Mar 7 2024 // Liberty University has agreed to pay an unprecedented $14 million fine for the Christian school’s failure to disclose information about crimes on its campus and for its treatment of sexual assault survivors, the U.S....

Former California Agent Arraigned for Allegedly Stealing $380K in Premiums from Businesses

Mar 7 2024 // Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation...

Don’t Let Criminals Steal a Guest’s Good Time: Theft Awareness and Prevention in the Hospitality Industry

Mar 4 2024 // Theft is an opportunistic crime, and few places provide more opportunity for a criminal than a hotel or resort. From the moment that guests first pull into the parking lot until their eventual check out and departure,...

EU Lawmakers Approve Tougher Penalties for Environmental Crimes

Feb 27 2024 // The European Parliament on Tuesday approved tougher penalties for environmental crimes such as illegal timber trade, with offenses punishable by up to 10 years in prison and company directors prosecuted for corporate...

Lockbit Cybercrime Gang Says It Is Back Online Following Global Police Bust

Feb 27 2024 // Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has restored its servers and is back in business.The group, notorious on the...

Sotheby’s, Russians, Theft: Insurer Must Defend in High-End Miami Realty Suit

Feb 23 2024 // In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the biggest players in the market. This month, the firm is handling the rental of NBA superstar...

Bumble Faces Penalty for Failing to Disclose If Its Dating App Suitors Include Criminals

Feb 23 2024 // Texas-based internet dating service provider Bumble, Inc. will pay $315,000 and change its business practices to settle allegations it violated New Jersey’s consumer protection and internet dating safety laws by...

Georgia Sheriff’s Chief Aide Resigns After Indictment on Auto Insurance Fraud

Feb 22 2024 // The former chief of staff for an Atlanta-area sheriff has resigned after he was indicted on auto insurance fraud charges. Braxton Tyree Cotton, 42, top aide to Cobb County Sheriff Craig Owens, claimed in 2023 that his...