All the headlines from our Fraud Topic Page, ordered by recency.
Jul 12 2018 // When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund...
Jul 9 2018 // In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New York has upheld a lower court ruling that a commercial crime insurance policy covers wire transfer losses...
Jul 9 2018 // The reward for information leading to the recovery of more 260 artifacts stolen from the University of Alabama’s Moundville Archaeological Park decades ago has been increased from $15,000 to $20,000.Dr. Jim Knight,...
Jul 5 2018 // Investigators in San Marcos, Texas, say 20 people have been indicted for allegedly being part of a Texas crime ring that stole heavy equipment and sold the expensive items for cash or drugs.San Marcos police on July 3...
Jul 2 2018 // A former claims representative in West Des Moines, Iowa, has pleaded guilty to defrauding an insurance company, the Iowa Insurance Division reported.Cora Harrington entered a guilty plea on June 25, 2018 to Fraudulent...
Jul 2 2018 // A former Honolulu, Hawaii police officer suspected of staging a home burglary pleaded guilty to two charges of insurance fraud related to the incident.Travis E. Copeland pleaded guilty last week and faces up to five years...
Jul 2 2018 // A Travis County grand jury has indicted a Texas attorney on charges of workers’ compensation fraud for allegedly billing clients for services that were not provided, false billing and tampering with a government...
Jun 29 2018 // State Treasurer Denise Nappier announced Wednesday that 21 Connecticut Higher Education Trust college savings accounts were recently breached, resulting in more than $1.4 million in unauthorized withdrawals.Nappier said...
Jun 27 2018 // A chiropractor involved in a medical fraud ring that bilked nearly $4 million overall from several insurers is now headed to prison.John Langeraap received a three-year sentence Friday. The 39-year-old Sparta, N.J., man...
Jun 26 2018 // A former Texas attorney is headed to prison on charges of insurance fraud and barratry for a scheme involving fraudulent lawsuits filed after hail storms, the state insurance department announced.A Tarrant County judge...
Jun 26 2018 // A Vermont school district says $50,000 was stolen electronically from one of its bank accounts.Cindy Brownell, the board chair of the Pownal Elementary School District, says officials believe the theft occurred from...
Jun 26 2018 // Ten days ago, a Banksy print valued at about $40,000 was stolen from a Canadian exhibit of the artist’s work. It was a seemingly effortless crime—a man walked in, took the work off the wall, and walked out—but...
Jun 25 2018 // A Trinity, Fla., man has been sentenced to five years’ probation, with the first six months to be served on home detention, for making a false statement in connection with his workers’ compensation benefits.As...
Jun 22 2018 // Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32...
Jun 20 2018 // Workers’ compensation insurer, Texas Mutual Insurance Co. reported that a Travis County grand jury has indicted attorney Leslie Casaubon of Lewisville, Texas, on three counts of workers’ compensation...
Jun 20 2018 // Police across South Carolina are trying to find a man who is taking cars from dealerships across the state. Sumter County deputies said Monday the man most recently stole a new car from a Sumter dealership, drove it to...
Jun 18 2018 // The U.S. Supreme Court on Monday agreed to hear an appeal by a New York investment banker banned from the industry by the Securities and Exchange Commission in a case that could limit the scope of those who can be held...
Jun 18 2018 // The New York Attorney General’s Office (NYAG) this year released a report outlining a record number of data breach notices filed with the office in 2017 – the highest since NYAG started receiving data breach...
Jun 15 2018 // Lower workers’ compensation rates in California will bring down written premium once again this year, according to a forecast from the Workers’ Compensation Insurance Rating Bureau.That revelation is expected...
Jun 15 2018 // A Delaware couple has been arrested for insurance fraud after filing false medical claims for an automobile accident that never occurred, leading their insurance provider to be billed more than $100,000.“We take...