Tag Archives: Insurance fraud

Federal officials say they have taken down the largest Medicare fraud scheme investigators have ever discovered: a $375 million dollar home healthcare scam operating in the Dallas, Texas area. The alleged “mastermind” of the fraud, Dr. Jacques Roy, is charged … Continue reading →

Over a two-year timeframe, from 2009 to 2011, there was a 19-percent increase in questionable claims referred to the National Insurance Crime Bureau (NICB), according to an NICB report released today. NICB member insurance companies forward claims for closer review … Continue reading →

JEFFERSON CITY A workers’ compensation company created by the state to help small businesses doled out millions of dollars in bonuses and perks to its executives, Missouri Auditor Tom Schweich said Monday. Schweich also confirmed that a federal investigation is … Continue reading →

Data from the Insurance Research Council has indicated that there is about $5 to $7 billion in inflated auto insurance claims made every year, though the overall cost that would occur if insurance companies in any sector did not make … Continue reading →

APALACHICOLA–Two Apalachicola men have been charged with arson and insurance fraud after an investigation into a car fire, according to Florida Chief Financial Officer and State Fire Marshal Jeff Atwater. http://liarcatchers.com/insurance_fraud.html Jeffrey Tyrone Lockley and Byron Bernard Butler were arrested … Continue reading →

An Orange County judge sentenced a roofing contractor to a year in city jail for failing to provide workers’ compensation insurance for an employee who injured himself in a fall from a roof. Michael Amzie Holley of Murrieta, who pleaded … Continue reading →

COLUMBIA, S.C. — A Cayce man has been charged with insurance fraud after another man’s hand was chopped off. Thirty-four-year-old Gerald B. Hardin faces six charges, including mail fraud for a 2008 incident in Sumter County where a man’s had … Continue reading →

A former insurance agent pleaded guilty Thursday to theft and securities fraud. Officials said Michael A. Cox, of Powell, committed theft when he continued to accept insurance premiums from past clients after his license was revoked by the Department of … Continue reading →

Here’s a helpful hint to anyone wishing to run a million-dollar insurance scam — don’t post pictures on Facebook of you and your friends waving wads of cash. The owners of five body shops in Florida were arrested earlier this … Continue reading →

MANHATTAN (CN) – Federal prosecutors accused three insurance agents of running a “massive fraud” involving more than $100 million in stranger-owned life insurance policies issued through straw buyers. The defendants are also charged with obstructing justice, the U.S. Attorney’s Office … Continue reading →