All the headlines from our Fraud Topic Page, ordered by recency.
Aug 15 2018 // The former owner of multiple property/casualty insurance operations in northern Illinois has been sentenced to more than four years in prison and ordered to pay nearly $1 million in restitution for insurance fraud.U.S....
Aug 15 2018 // A special police unit is seeking to curb burglaries and thefts from businesses including recreational vehicle companies in northern Indiana. Police in the Elkhart County city of Goshen say their unit was formed to deal...
Aug 15 2018 // Cyber criminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told police.The...
Aug 14 2018 // On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private at $420 a share, with “funding secured” for the transaction, Tesla published a blog post in...
Aug 13 2018 // The theft of an empty plane by an airline worker who performed dangerous loops before crashing into a remote island in Washington’s Puget Sound illustrated what aviation experts have long known: One of the biggest...
Aug 10 2018 // Sicilian gangsters dropped 25-kilo (55-pound) cast-iron weights on the limbs of drug addicts, alcoholics and other vulnerable people to obtain insurance payments for fake car accidents worth hundreds of thousands of euros,...
Aug 7 2018 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of July.Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
Jul 31 2018 // Travelers Insurance is seeking a full Sixth Circuit court reconsideration of its three-judge panel ruling that said the insurer’s crime insurance policy’s computer fraud clause covered a loss due to money...
Jul 31 2018 // Fraud investigators with the Georgia Department of Insurance have arrested a Columbus, Ga., roofing contractor and issued warrants on his employer for intentionally vandalizing the roofs of two homes in Muscogee County,...
Jul 30 2018 // Darrick Lee, a licensed attorney in both Louisiana and Texas, has been appointed fraud manager in the Office of Workers’ Compensation Administration (OWCA) at the Louisiana Workforce Commission.Lee has 13 years of...
Jul 26 2018 // Two Washington state women have been sentenced after pleading guilty to committing insurance fraud, the state insurance department announced.The sentencing is the result of an investigation conducted by the Criminal...
Jul 26 2018 // A Dallas woman with a history of filing 31 insurance claims against a dozen companies got burned when one turned out to be arson, the Texas Department of Insurance announced earlier this month.Genevieve Thompson was...
Jul 26 2018 // Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rising by more than four percent in the first...
Jul 26 2018 // CRV Precast Construction LLC (CRV) and six of its employees have been indicted for misclassifying workers as lesser-skilled, underpaying them and falsifying information about payroll and employees, including a worker who...
Jul 25 2018 // In the first half of 2018, Maryland Insurance Administration (MIA) investigations led to the criminal prosecution of 12 people for committing insurance fraud and the issuance of 25 civil fraud orders. These enforcement...
Jul 24 2018 // A Chicago-based vice president of an insurance underwriting group fraudulently obtained more than $13.5 million from a corporate client by fraudulently issuing and collecting premium payments on “matching...
Jul 24 2018 // Louisiana State Police detectives with the Insurance Fraud/Auto Theft Unit have arrested five people for violations of Louisiana insurance fraud laws in relation to an alleged staged crash in Evangeline Parish.The LSP...
Jul 24 2018 // Three men were arrested last week for their participation in a staged accident ring operating in South Georgia, according to a statement from the Georgia Department of Insurance.Insurance Commissioner Ralph Hudgens said...
Jul 20 2018 // An insurance salesman convicted of stealing a client’s inheritance is now headed to prison.Federal prosecutors say Patrick McCullagh received a three-year sentence Wednesday. The 70-year-old Georgetown, Kentucky, man...
Jul 17 2018 // For the second time in about a week, a federal appeals court has sided with a commercial policyholder where the insurer denied coverage under a computer fraud provision of a crime insurance policy for a money transfer...