restitution News

State Farm, Mississippi Settle Katrina Lawsuit for $12M

Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate homeowners. The settlement says the $12 million payment represents “restitution for damage, which …

Loomis Fargo Still Waits for Restitution in $19 Million Armored Car Heist

During one overnight shift, a bumbling conspiracy of thieves just west of Charlotte, N.C., stole more than $17 million from Loomis Fargo. Paying the money back has taken a lot longer, and time is running out for the U.S. government …

Feds Suing Poultry Producers over Unfair Worker Practices

WASHINGTON (AP) — The Justice Department is expected to file a lawsuit against some of the largest poultry producers in the U.S. along with a proposed settlement seeking to end what it claims have been longstanding deceptive and abusive practices …

Three Sentenced in Big Insurance Fraud Scheme to Stage Crashes

NEW ORLEANS (AP) — Three Louisiana women have been ordered to repay a total of $5.5 million to companies defrauded in a scheme to stage wrecks. Keishira Richardson, 27, Chandrika Brown, 31, and Aisha Thompson, 44, are among 36 people …

Broker, Pastor to Spend 15 Weekends in Jail For Insurance Fraud

A Nebraska insurance agent and church pastor will spend 15 weekends in jail and pay $63,443.77 in restitution for filing false insurance claims. Codie D. Malesker, a pastor and board member of the Faith Community Tabernacle and operator of the …

Federal Judge Dismisses Claims That Linkedin Overcharged Advertisers

A US judge dismissed a lawsuit accusing Microsoft Corp’s LinkedIn of inflating the number of people who watched video ads so the networking platform could overcharge hundreds of thousands of advertisers. In a decision on Monday, U.S. Magistrate Judge Susan …

FBI: Artifacts Stolen From Museums in 1960s, 1970s Returned

PHILADELPHIA (AP)–Federal authorities say 15 historical artifacts stolen almost a half-century ago from a number of Pennsylvania museums have been returned to the institutions. The FBI art crime team and other law enforcement agencies repatriated the 18th- and 19th-century rifles …

Chinese Firm to Pay $91M Over Dangerous Dehumidifiers

LOS ANGELES (AP) — A Chinese company that sold millions of faulty dehumidifiers to U.S. customers will pay $91 million for failing to tell regulators that the devices could overheat and could catch fire, federal prosecutors announced Friday. Gree Electric …

Insurers Lost $2M in Pain Cream Scam, Prosecutors Say

A former medical supply executive in Arkansas who conspired with physicians to dispense pain creams and patches to workers’ compensation claimants defrauded private insurers out of about $2 million and the federal government out of $3.9 million, federal prosecutors say. …

Jim Bakker, His Church Settle Lawsuit Over COVID-19 Claims

O’FALLON, Mo. (AP) — Jim Bakker and his southwestern Missouri church will pay restitution of $156,000 to settle a lawsuit that accuses the TV pastor of falsely claiming that a health supplement could cure the coronavirus. Missouri court records show …