A new fleet of satellites could become the ultimate foil for fraudsters looking to make a quick buck in the wake of a natural disaster. That’s the intention of Planet, a San Francisco company that has sent around 380 satellites into space since 2013.
A federal lawsuit filed Friday by a Pennsylvania insurance company claims that a fire that extensively damaged the Springfield Shooting Center last year was intentionally set by owners John and Kathryn Jackson, or their representatives.
The Commodity Futures Trading Commission is having trouble serving a court summons to a binary options trader charged in January with stealing more than $1 million in bitcoin.
Four people were taken to a hospital after two freight trains collided and caught fire near Lexington, Kentucky, late Sunday night, forcing nearby residents to evacuate, authorities said.
A forklift accident at Fuyao Glass America killed an employee around five this morning.<br />The coroner identified the victim as 57-year-old Ricky Patterson. He was a forklift operator at the Moraine factory.
ORANGE COUNTY, Fla. - Orange County Comptroller Phil Diamond’s official records department has set up a free property fraud alert program to help residents protect themselves from a fast growing white-collar trend: Property fraud.
Credit card skimmers are a headache for fuel retailers, but there is more than one way that fraudulent actors can target fleet spend.<br />In addition to stolen credentials and skimmed cards at the fuel point-of-sale, employees are often able to overspend with their commercial fleet card products, or file fraudulent expense reports. These tactics cast a wide net of fraud over the fleet card industry — from issuers and acquirers to fleet managers, employers and employees themselves.
Processing a property theft claim? Check your claimant’s receipts carefully. Saskatchewan Government Insurance (SGI) announced Thursday that it busted a $25,000 insurance scam last year for stolen jewelry by uncovering a handy-dandy — if illegal — online fake receipt generator.
An insurer north of the border has investigated a string of fraud cases regarding deliberately damaged cars. A Canadian car insurance company recently held an investigation into auto body shops within the country’s largest city.
A North Carolina pastor who said she had a crippling disease is being sued by her insurer, which says it found church Facebook photos of her going down a slide and playing Skee-Ball.
Most people try to avoid a car wreck, but for some criminals a deliberate crash is seen as a ticket to quick riches. In South Carolina, a rising number of suspected insurance scammers have been flagged for submitting claims related to collisions that turn out to be no accident.
A former Ventura hospital worker was ordered Thursday to pay more than $26,000 in restitution and sentenced to 60 days in jail for workers’ compensation insurance fraud.
Fraudsters will always find a way to cheat the system. All lines of business are vulnerable to the crime, including insurance, and organizations worldwide face the sometimes cumbersome task of continuously fortifying their operations to keep the tricksters at bay.
