UK DWP begins bank account checks to tackle £1.2 bn benefit fraud
The DWP has issued its first bank eligibility checks under new fraud prevention powers, targeting undeclared savings and overseas stays to save £1.2 bn by 2030/31
Insurance Fraud
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Montana insurance regulator proposes $75K in fines and license revocations in Stockman Insurance fraud case
Montana insurance regulator seeks $75,000 in fines and license revocations over alleged unlicensed insurance sales and failure to report suspected fraud
Wisconsin woman faces 15 felony financial fraud charges over alleged loan scheme
Wisconsin woman Candice DeFord faces 15 felony charges over an alleged $18,000 financial fraud scheme involving elderly victims, forged signatures and loans
US Justice Department moves to join $1.8 bn Planned Parenthood Medicaid fraud lawsuit
The US Department of Justice plans to intervene in a $1.8 bn Medicaid fraud lawsuit against Planned Parenthood in Texas
Sussex County Prosecutor’s Office data breach exposes personal information
The Sussex County Prosecutor’s Office reported a data breach involving Social Security numbers and driver’s license details. The number of affected people remains unknown
Florida man charged in $2 mn Ponzi scheme targeting 27 investors
A Florida man faces securities fraud charges over an alleged $2 mn Ponzi scheme that promised investors monthly returns of 10% to 40% through S&P 500 options trading
DWP bank checks benefit eligibility in £1.2 bn fraud crackdown
DWP bank checks benefit eligibility under new anti-fraud powers covering Universal Credit, Pension Credit and ESA, with £1.2 bn in savings expected by 2030/31
Texas insurance broker sentenced to 160 months for fraud and identity theft
Texas insurance broker Clayton Iley received a 160-month prison sentence for wire fraud and identity theft, with luxury cars seized to help repay victims
Minnesota court restores Abdifatah Yusuf verdict in $7.2 mn Medicaid fraud
Minnesota appeals court reverses an acquittal in a $7.2 mn Medicaid fraud case involving Promise Health Service and more than 40,000 fraudulent reimbursement claims
American Airlines flight attendant arrested in $25K elderly fraud case
An American Airlines flight attendant faces fraud and grand theft charges after allegedly using employee travel benefits in a $25,310 sweepstakes scam targeting a 75-year-old woman
Stolen Social Security numbers sell for $2 on the dark web. How to protect SSNs from identity theft?
Stolen Social Security numbers sell for less than $2 on dark web markets, with research finding 5,885 listings and a median breach disclosure delay of 50 days
777 Re backer 777 Partners’ cofounder Josh Wander pleads guilty in $500 mn fraud case
Josh Wander pleaded guilty to wire and securities fraud involving 777 Partners, agreeing to forfeit at least $500 mn after the investment firm’s collapse
New York arrests 16 in $500K auto insurance fraud crackdown
New York authorities arrested 16 people in alleged auto insurance fraud schemes involving nearly $500,000 in attempted claims, as the state targets staged crashes
US Social Security Administration cleans 50 mn records in fraud crackdown
The Social Security Administration has corrected nearly 50 mn SSN records, updating death and citizenship data to strengthen identity verification and prevent fraud
Japan’s FSA suspends Prudential life insurers over ¥6.1 bn ($19.6 mn) employee fraud scandal
Japan’s FSA has suspended new business at Prudential Life and Gibraltar Life until January 2027 following employee fraud, with reported victim losses exceeding ¥6.1 bn
Dr. Emmanuel Hostin and American Transit Insurance: a $459 mn no-fault insurance fraud case
American Transit dismissed fraud claims against Dr. Emmanuel Hostin, agreed to pay his invoices and apologized amid a wider $459 mn New York insurance case
MonsterCloud CEO charged in alleged ransomware recovery fraud
MonsterCloud owner Zohar Pinhasi faces federal fraud charges for allegedly paying hackers to decrypt ransomware while charging victims substantially higher fees
GEICO sues Brooklyn medical equipment supplier over $733K in alleged insurance fraud
GEICO alleges a Brooklyn medical supplier used kickbacks and copied prescriptions to submit over $733,000 in fraudulent New York no-fault insurance claims
Allstate alleges $1.3 mn no-fault insurance fraud by Titan Diagnostic Imaging
Allstate sues Titan Diagnostic Imaging over $1.3 mn in allegedly fraudulent no-fault insurance claims involving unnecessary tests, identical records and 59 clinics
Cash App $15 mn security settlement payments: Eligibility and payout details
Cash App’s $15 mn data security settlement payments are due in October 2026. Check eligibility, compensation limits, claim deadlines and the separate $45 mn deal
UK gang jailed over £30 mn cash smuggling operation to Dubai
Members of a UK criminal gang have been jailed for smuggling almost £30 mn in cash to Dubai through Manchester, Birmingham and Brussels airports
CFTC secures $31 mn judgment in Fundsz crypto fraud case
A Florida federal court ordered two Fundsz promoters to pay more than $31mn in restitution and penalties over a crypto and precious metals fraud scheme
Eskenazi Health data breach exposes Social Security and medical data
Eskenazi Health, an Indianapolis public safety-net health system, reports a phishing-related data breach exposing Social Security and medical information
Roseland $650K data breach settlement offers up to $5K
Roseland Community Hospital agrees to a $650,000 data breach settlement covering 101,354 people, with eligible claims of up to $5,000 due Dec. 31
Pentagon DMDC data breach exposes records of over 3 mn people
Pentagon DMDC data breach exposes data of over 3 mn people, including Social Security numbers and military jobs, after nearly a year of unauthorized access
Delaware insurance agent jailed after stealing $625K from clients
NAIC defended US state insurance regulation after Elizabeth Warren raised concerns over private credit, affiliated investments and insurer solvency
Florida farm manager admits $3.25 mn crop insurance fraud
Florida farm manager Mark Frisbie agreed to plead guilty in a crop insurance fraud case and pay more than $3.25 mn in federal restitution
ShinyHunters claims FBI breach exposed employee and applicant data
ShinyHunters claims it breached FBI systems and stole data on agents and job applicants, as the FBI investigates activity affecting FBIjobs.gov
Former Alabama sheriff’s deputy indicted in $24 mn life insurance fraud case
Federal prosecutors charged a former Alabama deputy and his wife in an alleged identity theft and life insurance fraud scheme involving $24 mn in policies
Insurance AI adoption exposes verification gap, study finds
Insurance AI adoption is moving faster than verification controls as synthetic media raises fraud risks across claims and underwriting, research finds
Former Virginia insurance agent pleads guilty to $164,345 fraud
Former Virginia insurance agent Thomas Hoyt pleaded guilty to wire fraud after diverting about $164,345 in client insurance premiums
Florida man charged in $206,000 vehicle insurance fraud case
Florida officials say Adam Otrok filed 41 fake luxury vehicle insurance applications and stole $44,704 from a $206,000 fraud attempt
Car insurance fraud drives higher driver premiums
Staged crashes, false injury claims and inflated repair bills raise auto insurance costs and slow legitimate claims for drivers
New York expands auto insurance fraud crackdown
New York is widening its campaign against auto insurance fraud after a sharp rise in suspected fraud incidents and rising pressure on vehicle owners
AI insurance fraud cases in the U.S. nearly triple in two years – Oklahoma Insurance Commissioner
AI-generated receipts, photos and documents are driving new insurance fraud risks as Oklahoma warns policyholders and insurers
Allstate wins jury trial right in New Jersey insurance fraud case
New Jersey Supreme Court says Allstate fraud and RICO claims against medical providers belong in court, not PIP arbitration
New Jersey insurance brokers face Consumer Fraud Act liability after Lowe ruling
New Jersey Supreme Court rules insurance brokers, producers and agents face CFA claims tied to insurance sales, marketing and coverage advice
Deepfake hiring insurance fraud and shadow AI use are testing cyber and crime policies
Deepfake hiring fraud and shadow AI use are testing cyber and crime policies as insurers reassess insider risk, verification rules and claims wording
Former NFL wide receiver Alshon Jeffery reaches deal to dismiss insurance fraud charges
Former NFL receiver Alshon Jeffery reached a conditional deal with San Diego prosecutors to dismiss two felony insurance fraud charge
Missouri warns drivers as vehicle theft losses top $8 bn
Missouri DCI urges drivers to prevent vehicle theft and review insurance coverage during Vehicle Theft Prevention Month
New Jersey charges 63 in $8 mn luxury car insurance theft case
New Jersey prosecutors charged 63 people over an alleged $8mn auto theft network shipping stolen luxury vehicles to Ghana and Nigeria
Ex-Texas police chief loses $14,400 insurance fraud appeal
Federal appeals court affirms fraud conviction of former Texas police chief over burned vehicle, false theft report, and insurance payout
Louisiana arrests six in long-running fire and water insurance claim fraud case
Louisiana officials arrested six Ouachita Parish residents over an alleged fire and water damage insurance fraud scheme spanning nearly a decade
Frank Carone associates charged in alleged no-fault insurance fraud case
Federal prosecutors charged three associates of Frank Carone in an alleged no-fault insurance fraud scheme, while Carone said he and his firm were victims too
Special master backs $1.6 bn restitution for Greg Lindberg insurance fraud victims
A court-appointed special master recommended about $1.6 bn in restitution for victims tied to Greg Lindberg’s insurance fraud, narrowing who qualifies for payment
Texas insurance investigator helped trace suspect in $400 mn Medicare fraud case
A Texas insurance investigator and analyst helped identify and track a Russian national accused of filing $400 mn in fake Medicare claims
Deere agrees $99 mn settlement in farm equipment repair case
Deere agreed to a $99 mn settlement over repair access claims and said it will provide digital repair tools for large farm equipment for 10 years
Federal Housing Finance Agency chief accuses Letitia James of false insurance filings
FHFA Director William Pulte sent criminal referrals accusing Letitia James of false statements in insurance filings tied to a Virginia property
Massachusetts insurance brokers plead guilty in $750k fraud scheme
A New Bedford couple pleaded guilty in federal court after prosecutors said they stole more than $750k from insurance clients, lenders, and providers
US vehicle thefts fall 23%, National Insurance Crime Bureau data shows
Vehicle thefts fall to multi-decade lows in the US, with sharp declines across states and cities, NICB reports
Former NBA player Glen Davis released after serving time in insurance fraud case
Former NBA player Glen Davis was released from prison on March 12 after serving 17 months for his role in a fraud scheme involving the NBA Players’ Health and Welfare Benefit Plan
Police officers arrested in U.S. insurance fraud investigations tied to benefits claims
Two officers from the Los Angeles Police Department were arrested Friday on suspicion of unemployment insurance fraud linked to claims
California family accused of staging Porsche crash for $39K in insurance claims
Pasadena trio charged with felony insurance fraud after alleged staged Porsche crash netted $38,932 in claims, say California regulators
Allstate files RICO suits over alleged New York no-fault DME fraud
Allstate filed two federal RICO lawsuits in the US District Court for the Eastern District of New York, alleging coordinated no-fault auto insurance fraud involving durable medical equipment suppliers
Washington Senate advances wildfire grants and insurance fraud overhaul
Lawmakers approve SB 6079 to fund home hardening and SB 6031 to expand felony fraud definitions and enforcement reach
Cargo theft shifts online as insurers warn of rising digital freight fraud
IUMI and TAPA EMEA warn cargo crime is surging worldwide, with digital fraud replacing physical theft as losses reach billions across supply chains
🇺🇸 New York targets auto insurance fraud as premiums near $4,000
New York moves to curb auto insurance costs with fraud crackdowns, payout limits for at-fault drivers, and revived enforcement as premiums run far above the US average
🇳🇵Nepal arrests Everest rescue officials over $20 mn insurance fraud
Nepal detains six rescue agency officials accused of staging helicopter evacuations near Mount Everest to extract nearly $20 mn from global insurers
Florida drops insurance fraud case tied to AOB claims against Tower Hill
Criminal fraud charges against a Florida restoration contractor linked to AOB litigation were dismissed, leaving insurers frustrated as civil suits continue
Virginia State Police warn of surge in staged crashes and auto insurance fraud
Virginia State Police report a sharp rise in fake crashes and insurance claims, with fraud investigations up 72% year over year.
US commercial insurance renewal rate increases eased across five major lines in Q3 2026, according to Ivans Index, while workers' compensation rates remained negative
New US-Canada tariffs raise auto, property, trade credit and business interruption exposures as insurers assess higher repair and supply chain costs
US insurance sector outlook for 2025-2026: capital strength, social inflation risks, P&C returns peak, Florida reforms, life insurance resilience and alt capital trends
Teen drivers face crash rates nearly 4x higher than adults. Safer vehicle choices and smart insurance decisions can lower risk and costs for families