Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise– and they are on the alert for any jump in fraud by property/casualty agents and brokers. These days …
A Greensboro, North Carolina insurance adjuster has been accused of pocketing a home insurance claim payment meant for one of her clients. Insurance Commissioner Wayne Goodwin announced the arrest of Ashley C. Waddell, according to the state, owned International Loss …
A North Carolina insurance agent has been arrested, charged with twice failing to remit insurance premiums to the insurance company. North Carolina Commissioner Wayne Goodwin reported the arrest of Sherri Efrid, of Davidson. According to the officials, Efrid twice collected …
Four Californians were arrested and charged in connection with a $1.5 million insurance fraud scam, the California Department of Insurance reported. Rene Montes of Riverside; Hector Porrata of Moreno Valley; George Martinez of Apple Valley; and Cara Cruz Thompsonof Victorville …
It’s called “opportunistic fraud.” As the economy continues its struggle to rebound, the number of possible cases of insurance fraud has increased, according to a new report from the National Insurance Crime Bureau (NICB). The bureau’s quarterly report, which uses …
Does a bad economy increase crime? Analysts have debated that question for years, according to Mike McKee, senior special agent for the National Insurance Crime Bureau. While it’s too soon for statistics to confirm whether recent events like the mortgage …
The Minnesota Department of Commerce has summarily suspended the real estate closing license, resident insurance producer license and notary public commission of Kuntee Singramdoo and charged her with embezzling over $230,000 in real estate closing proceeds and using the money …
A Williston man has been sentenced to nearly six years in prison for embezzling millions of dollars from a captive insurance manager where he was a senior vice president. Federal prosecutors say Kenneth MacKay, 37, admitted that he came up …
Dodge County’s sheriff is cautioning Wisconsin property owners with financial trouble not to resort to arson to solve their problems. Sheriff Todd Nehls says he’s noticed a disturbing trend. Cars, houses or cabins are going up in smoke by owners …
United States Attorney Johnny Sutton has announced that Dina Clarise Smith, 38, a former accountant at Elms, Faris and Company of Midland, has pleaded guilty in federal court in Midland, Texas, to committing a bank fraud and identity theft scheme …