Fraud News

Fraudster Admits Scamming $100M from Facebook and Google

A Lithuanian man admitted he helped trick Facebook Inc. and Alphabet Inc.’s Google into sending more than $100 million through a phishing scheme. Evaldas Rimasauskas, 50, pleaded guilty to one count of wire fraud before U.S. District Judge George Daniels …

Equine Insurance Agency Owner Sentenced for $1.3M Fraud

The owner of a Rhode Island insurance agency that specialized in insuring horses was sentenced Monday to 36 months in federal prison for operating various schemes to defraud customers, insurance companies, and finance companies of approximately $1.3 million, the U.S. …

Woman Convicted of Fraud for Misrepresenting Date of Accident

An Iowa woman who filed a claim for damage that occurred after she purchased an auto insurance policy was convicted last week for felony insurance fraud, according to the Iowa Insurance Division’s Fraud Bureau. Jennifer Lea Fuentes, 43, was arrested …

Fraud News: Fake Fall, Arson, Payroll Misrepresentation

New Jersey Man Fakes Fall for Insurance Money Police have arrested a New Jersey man who they say faked a slip and fall at a business to get insurance money. Prosecutors say the 57-year-old Randolph man was subcontracted to work …

CAIF Files Amicus Brief in Keodalah Case

Fraud fighting could be seriously compromised if a state court ruling allowing bad faith suits against insurer employees is allowed to stand, the Coalition Against Insurance Fraud warns Washington state’s highest court. The court ruling will cause a chilling effect. …

Fraud News: Fake Flash Flood Claim, Fraudulent Chiropractor Exams, Payroll Scam

Almedina Suljic of Johnston, Iowa, was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau. The charges against Suljic stem from an investigation that began …

Fraud News: Stolen Autos Scam, Medical Supply Fraud, Staged Crash Arrests

LoJack Signal on Reported Stolen Car Reveals Organized Insurance Fraud Ring Detectives from the California Department of Insurance, arrested four people early this morning for allegedly ripping off four auto insurers for more than $34,000 by filing fraudulent insurance claims. …

Coalition Against Insurance Fraud: Top 9 Insurance Scammers Of 2018

The holiday season rang in with the year’s 9 most-brazen insurance-fraud grinches taking short sleigh rides for long prison terms after foisting outsized and elf-delusional insurance thefts. America’s extreme insurance schemers were inducted into the Insurance Fraud Hall of Shame …

California Chiropractor Takes Plea in $150M Workers’ Comp Fraud Scheme

A 56-year-old chiropractor has pleaded guilty for his role in a massive workers’ compensation insurance fraud and conspiracy scheme, the Los Angeles County District Attorney’s Office announced today. Paul Turley, of Granada Hills, Calif., made a factual basis plea on …

Illinois Doctor Convicted of Billing Insurers for Treatment Never Performed

A federal jury has convicted a Chicago doctor on fraud charges for billing insurance companies for purported chiropractic manipulations that were never performed, the U.S. Attorney’s Office for the Northern District of Illinois reported. Dr. Paul Madison, an anesthesiologist and …