All the headlines from our Fraud Topic Page, ordered by recency.
Jun 14 2018 // The Iowa Insurance Division reported that a Madrid, Iowa, insurance agent has been charged with fraud after an investigation by the division’s fraud bureau.The IID said Joy Marie Heldt, age 48, was charged with...
Jun 13 2018 // Dr. Gary Royce Wisner, 61, of Lodi, Calif., is scheduled for arraignment today at the San Joaquin County Superior Court on 11 felony counts of insurance fraud for allegedly bilking insurers out of more than $700,000 by...
Jun 13 2018 // New York’s highest court on Tuesday curbed the state attorney general’s ability to fight fraud on Wall Street, awarding a victory to Credit Suisse Group AG as it tries to end an $11 billion lawsuit over risky...
Jun 13 2018 // A restoration contractor company owner has been arrested over an alleged assignment of benefits (AOB) fraud scheme that impacted 19 homeowners in eight Florida counties and one Texas county, according to a statement from...
Jun 12 2018 // Federal law enforcement officials announced a significant coordinated effort to disrupt Business Email Compromise (BEC) schemes used to intercept and hijack wire transfers from businesses and individuals, including senior...
Jun 8 2018 // A central New York orthopedic surgeon has been sentenced for running an ongoing scheme that defrauded the workers’ compensation system by nearly $87,000.Dr. Gregory B. Shankman, of Clinton, N.Y., was sentenced in...
Jun 6 2018 // An Alabama farmer has been charged with stealing crop insurance money and federal prosecutors want him to repay more than $919,000. The Dothan Eagle reports Dexter Day Gilbert was charged Thursday in U.S. District Court...
Jun 5 2018 // A Florida man has been sentenced to 20 years in prison for his role in an arson insurance fraud scheme that spanned multiple Florida counties and was ordered to pay $1.9 million towards restitution to the more than 14...
Jun 4 2018 // A fraudster who masqueraded as the son of a victim of the Grenfell Tower fire has been sentenced to 18 months in prison.Mohammad Gamoota, 31, claimed his father died in the London blaze so he could be entitled to some...
Jun 4 2018 // North Carolina has stepped up its efforts to identify businesses not complying with state workers’ compensation laws which it says has resulted in a significant increase in fines collected compared to the same time...
Jun 4 2018 // A business owner in Gwinnett County, Ga., has been arrested and charged with one count of insurance fraud after presenting a fraudulent certificate of insurance coverage, according to a statement from Georgia Insurance...
Jun 3 2018 // A court has upheld a key judgment in Vietnam’s biggest-ever fraud case, spotlighting the country’s ability to tackle financial crime at a time when foreign banks are heeding government calls to invest.The Ho...
Jun 1 2018 // Nicholas Menough, a former insurance agent in Grimes, Iowa, has been sentenced after pleading guilty to fraud and theft charges.The Iowa Insurance Division reported that Menough pled guilty in late May to Theft in the 3rd...
Jun 1 2018 // A California family was arraigned on Thursday on more than 30 counts of fraud and arson.Tyler Chen, 46, and his wife, Kim, 45, were arraigned in the Santa Clara County Superior Court following their arrest on multiple...
Jun 1 2018 // The 2018 hurricane season is officially underway, even as the dust continues to settle on the 2017 hurricane season — one of the costliest hurricane years on record — that brought devastation to Florida from Hurricane...
May 31 2018 // The former chairman of China’s Anbang Insurance Group Co., Wu Xiaohui, has lodged an appeal against his conviction for fraud and embezzlement that led to a sentence of 18 years in prison, his lawyers said.While not...
May 31 2018 // In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of hundreds of cargo trucks on a bank of monitors.During his 34 years in Sao Paulo...
May 30 2018 // The Florida Department of Financial Services’ Disaster Fraud Action Strike Team (DFSAT) have been deployed across the state to protect Floridians from post-storm fraud that could occur in the aftermath of Tropical...
May 29 2018 // A 40-year-old Army officer assigned to Alaska has been charged with making false insurance claims and pocketing nearly $400,000.Lt. Col. Christopher James DeMure is charged with mail fraud, wire fraud and money laundering....
May 25 2018 // California-based life insurance agents, Samuel Tadlock III, 32, of Eastvale, Marlene Ramirez, 42, of Murrieta, Daniel Herrarte, 34, of Sylmar, and Jorge Lopez Jr., 38, of San Fernando, were arrested this week on multiple...