California Drivers Targeted by Predatory Towing Scam After Accidents
A fraudulent tow truck scheme is spreading across California, with scammers seizing vehicles after crashes and demanding excessive fees before releasing them to owners.
February 21
Auto
Fraud
Legislation & Regulation
Litigation
California
Detroit Man Sentenced to Over Four Years for $1M Unemployment Fraud Scheme
A Detroit man has been sentenced to 51 months in prison and ordered to pay over $900,000 in restitution for his role in a multi-state unemployment fraud scheme targeting COVID-19 relief funds.
February 21
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Maryland
Michigan
Pennsylvania
Two Men Face Prison for $161M Obamacare Fraud Scheme
Two individuals allegedly defrauded the Affordable Care Act by submitting false applications, leading to millions in commissions and subsidy fraud. They face multiple federal charges.
February 21
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Florida
Texas
Ohio Woman Sentenced for Arson and Insurance Fraud Scheme
Angela Frase of Sterling, Ohio, has been sentenced to two years in prison for staging a hate crime and committing insurance fraud after setting multiple fires at her home.
February 21
Fraud
Insurance Industry
Litigation
Property
Ohio
Dallas Man Sentenced to Over 13 Years for $5M Insurance Fraud Scheme
A Texas man was sentenced to 157 months in federal prison for orchestrating a $4.4 million insurance fraud scheme that involved stolen client information and misdirected payments.
February 21
Fraud
Insurance Industry
Litigation
Risk Management
Texas
Saint Vincent’s to Pay $29M Over Alleged False Claims Act Violations
Saint Vincent’s Catholic Medical Centers of New York will pay $29 million to settle allegations of False Claims Act violations related to overpayments from the Department of Defense for healthcare services provided to retired military members and their families.
February 17
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Maine
New York
Nevada Woman Admits to Filing $98M in Fraudulent COVID-19 Tax Credit Claims
Las Vegas resident admits to conspiracy in filing over 1,200 false tax returns, securing $33M in fraudulent IRS refunds for personal gain.
February 17
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Nevada
Two Fraudsters Admit to $577 Million Cryptocurrency Scam
Two Estonian men have pleaded guilty to running a $577 million cryptocurrency Ponzi scheme that defrauded hundreds of thousands worldwide. They now face up to 20 years in prison.
February 17
Fraud
Legislation & Regulation
Litigation
Technology
Washington
Tech-Powered Fraud Prevention in Insurance
AI, blockchain, and biometric verification are transforming fraud detection in insurance. These technologies enhance security, streamline claims processing, and prevent financial losses.
February 14
Fraud
Insurance Industry
Risk Management
Technology
Ohio Insurance Agent Sentenced for $1.4 Million Fraud Scheme
Former Ohio insurance agent Rhonda Chandler received probation and faces prison if she violates terms after pleading guilty to stealing over $1.4 million in pre-need funeral insurance funds.
February 14
Fraud
Insurance Industry
Life & Health
Litigation
Ohio
How Loneliness Fuels the Rise of AI-Powered Romance Scams
Loneliness is becoming a significant societal issue, and fraudsters are taking full advantage of it. Romance scams—where criminals exploit social isolation to build fraudulent online relationships—are already costing victims billions.
February 13
Fraud
Legislation & Regulation
Risk Management
Technology
Michigan Expands Auto Theft Task Force to Combat Rising Crime
Michigan is tackling surging auto theft by expanding its Auto Fraud Task Force, partnering with law enforcement to curb organized crime and reduce insurance costs.
February 12
Auto
Fraud
Insurance Industry
Litigation
Michigan
100,000 Organic Eggs Stolen from Pennsylvania Farm in Trailer Heist
Pennsylvania State Police are investigating the theft of approximately 100,000 organic eggs, valued at $40,000, from a distribution trailer at Pete and Gerry’s Organics in Greencastle.
February 11
Fraud
Insurance Industry
Property
Risk Management
Pennsylvania
Texas Law Firm Escapes $2M Fine for Alleged Hurricane Laura Insurance Fraud
A judge ruled that Louisiana’s insurance regulator lacked authority to fine McClenny, Moseley & Associates for alleged fraudulent hurricane claims, sparking further legal debate.
February 6
Catastrophe
Fraud
Legislation & Regulation
Litigation
Louisiana
Texas
Arizona Couple Admits to $1.2 Billion Medicare Fraud Scheme Involving Unnecessary Wound Grafts
A Phoenix couple pleaded guilty to orchestrating a $1.2 billion health care fraud scheme, submitting false claims for unnecessary wound grafts and receiving millions in illegal kickbacks.
February 4
Fraud
Legislation & Regulation
Life & Health
Litigation
Arizona
