All the headlines from our Fraud Topic Page, ordered by recency.
Feb 8 2018 // An Arizona man has been sentenced to 3 1/2 years in prison for selling fake insurance policies to commercial environmental businesses.Prosecutors say Brian McFarland must also pay full restitution of more than $450,000 to...
Feb 7 2018 // A Miami businessman accused of massive fraud involving foreign investors’ money in a Vermont ski area has agreed to pay back more than $81 million and give up ownership of two ski resorts, the Securities and Exchange...
Feb 7 2018 // For the calendar year 2017, Maryland Insurance Commissioner Al Redmer Jr. authorized civil orders and criminal charges totaling $466,261 in fines, penalties and restitution to 77 citizens charged with committing insurance...
Feb 6 2018 // Uber was either a cheating competitor willing to break the law to win the race to develop self-driving cars, or the victim of an unproven conspiracy theory stitched together by its main rival, Waymo, jurors heard in...
Feb 5 2018 // Organizations are being forced to deal with an increased threat to their operations from fraudulent instruction scams, according to specialist insurer Beazley’s most recent Breach Report.According to the insurer,...
Feb 2 2018 // Bitcoin’s popularity and the emergence of about 1,500 other digital coins or tokens have drawn more hackers into the red-hot cryptocurrency space, expanding opportunities for crime and fraud, cyber security firm...
Feb 1 2018 // Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing...
Jan 26 2018 // A West Virginia man has been sentenced to one year and nine months in federal prison for filing false insurance claims totaling more than $354,000. Thirty-six-year-old Daniel Lichtman of Kearneysville was sentenced for...
Jan 22 2018 // An Oregon man has been charged with stealing deposits Connecticut homeowners had made for generators after Superstorm Sandy.The Stamford Advocate reports that 56-year-old John Mech, of Seaside, Oregon, took a $7,500...
Jan 22 2018 // An Empire, Louisiana, man has pleaded guilty to defrauding the BP Deepwater Horizon oil rig explosion settlement compensation fund, the U.S. Attorney’s Office for the Eastern District of Louisiana announced.U.S....
Jan 17 2018 // An unlicensed home improvement contractor whose false promises left an elderly Massachusetts woman’s home in ruins and others temporarily homeless is heading to prison.The Salem News reports that 49-year-old Jaime...
Jan 16 2018 // Fraud in the U.K. rose to 2.1 billion pounds ($2.9 billion), the most in 15 years, as the police commander in charge of fighting the crime said the amount of evidence was setting back investigations. The value of finance...
Jan 8 2018 // Using a drone to spy on neighbors, drop drugs into prisons or harass cows could lead to criminal charges under a new bill Nebraska lawmakers will consider later this year.The measure would impose new safety and privacy...
Jan 8 2018 // Texas Department of Insurance fraud investigations in 2017 resulted in 135 suspects referred for prosecution, 113 indictments, and $2.3 million in court-ordered restitution for victims.TDI described some of the most...
Jan 8 2018 // An Edina, Minnesota, chiropractor and his recruiters have been found guilty of auto insurance fraud, the Minnesota Department of Commerce announced in late December 2017.Federal prosecutors reported that Adam John Burke, a...
Jan 5 2018 // Former licensed insurance agent Frederick Donald Rollins, 42, of Moreno Valley, Calif., was sentenced today after pleading guilty to one felony count of grand theft, two counts of securities fraud and an aggravated...
Jan 5 2018 // Vehicle thefts are on the rise again in North Carolina after a decade-long decline. The State Bureau of Investigation says 15,007 vehicles were stolen in North Carolina in 2016. That was nearly 4,000 more stolen vehicles...
Jan 2 2018 // A federal jury has found an Edina, Minnesota, chiropractor and his recruiters guilty of insurance fraud conspiracy, the Minnesota Department of Commerce announced in late December 2017.According to Acting United States...
Dec 29 2017 // A bad broker, classic cars that got destroyed in a fire and insurer rating downgrades were among the most widely read news stories in Insurance Journal’s Midwest region in 2017.One story that generated much interest...
Dec 28 2017 // A contractor who performed work on Superstorm Sandy-damaged homes pressured customers into signing contracts and then performed shoddy work it failed to correct, state prosecutors alleged Tuesday.State Attorney General...