vrc logo

Industry News


Hong Kong urgently launches insurance fraud prevention database
Story Link:international-adviser.com
Published:Dec 6th, 2018
The Insurance Fraud Prevention Claims Database (IFPCD) is aimed at helping insurers to detect different types of insurance fraud, particularly those involving multiple claims and syndicates. .sing artificial intelligence provided by Paris-headquartered

Read More »
North Carolina man implicated in voting fraud scheme turns in hundreds of ab ...
Story Link:fox4now.com
Published:Dec 6th, 2018
Leslie McCrae Dowless, a veteran political operative in Bladen County who was convicted of insurance fraud in 1992 and was connected to questionable absentee ballot activity in another election, is at the center of a probe into unusual activity in the

Read More »
Coalport man accused of insurance fraud waives hearing
Story Link:theprogressnews.com
Published:Dec 6th, 2018
A Coalport man accused of insurance fraud in regard to a vehicle accident waived his right to a preliminary hearing yesterday at Centralized Court in front of District Judge James Glass. Jesse J. Finnegan, 54, is charged with one count of theft by 

Read More »
Chicago doctor convicted in $3.5 million insurance fraud
Story Link:insurancebusinessmag.com
Published:Dec 5th, 2018
A Chicago doctor has been convicted of healthcare fraud for billing insurance companies $3.5 million for operations he never performed. Dr. Paul Madison, 65, was found guilty of six counts of healthcare fraud, three counts of lying about the delivery

Read More »
Technology Assists London Calling Time on Opportunistic Insurance Fraud
Story Link:markets.businessinsider.com
Published:Dec 5th, 2018
MANCHESTER, England, Dec. 5, 2018 /PRNewswire-PRWeb/ -- Insurtech specialist Aquarium Software welcomes the latest nationwide clampdown on insurance fraud, by City of London Police's Insurance Fraud Enforcement Department (IFED), pointing out 

Read More »
Jury sees surveillance video in insurance fraud trial
Story Link:fox13news.com
Published:Dec 5th, 2018
In January 2017, the vehicle of an elderly couple may have come into contact with Lee as he walked through a Winn-Dixie parking lot. Lee says he was struck and is asking for damages. Lawyers for the elderly couple and their insurance company say Lee 

Read More »
Broad support for tougher action on insurance fraud
Story Link:thetimes.co.uk
Published:Dec 5th, 2018
Tougher penalties for insurance fraudsters would attract the support of almost all Irish voters, a survey has found. A total of 95 per cent of people backed “punitive” action short of sending offenders to jail, researchers for Liberty Insurance found

Read More »
New Jersey Man Pleads Guilty in $74K Insurance Fraud Scheme
Story Link:insurancejournal.com
Published:Dec 4th, 2018
An Essex County, N.J., man has pleaded guilty in a scheme to obtain $74,000 in disability payments by submitting dozens of forged documents to his insurance provider. Major Smith, a former teacher in the East Orange school district, pleaded guilty to

Read More »
Simsbury Man Sentenced In Life Insurance Scam
Story Link:patch.com
Published:Dec 3rd, 2018
On June 9, 2016, Judge Chatigny found Carpenter guilty of 57 counts of conspiracy, mail and wire fraud, money laundering and illegal monetary transaction offenses stemming from the scheme, also known as a stranger-originated life insurance scheme.

Read More »
Erie man waives hearings in insurance fraud cases
Story Link:goerie.com
Published:Dec 3rd, 2018
An Erie man charged by state investigators in a pair of insurance fraud cases is facing trial after waiving the felony charges filed against him to court. Richard E. Weber, 29, waived his preliminary hearings before Erie 1st Ward District Judge Sue

Read More »
Data quality, legacy systems impact insurance fraud fighting
Story Link:dig-in.com
Published:Dec 3rd, 2018
That's according to the 2018 Insurance Fraud Survey from FRISS, which surveyed 150 insurers. Among the company's key findings were that the quality of a carrier's data has become increasingly important. Forty-five percent of insurers report a challenge

Read More »
Insurance Fraud Allowed This Man To .pgrade His iPhone Every Year
Story Link:ubergizmo.com
Published:Dec 3rd, 2018
However it seems that over in Malaysia, a man might have found a less painful way of nabbing himself years of free iPhone upgrades: insurance fraud. Police in the state of Penang, Malaysia, have recently uncovered an insurance fraud scheme used by a 

Read More »
Retired Army Major becomes victim of insurance fraud, cheated of Rs 60000
Story Link:timesofindia.indiatimes.com
Published:Dec 2nd, 2018
In a complaint to the cops, Major Janak Raj (retd) has alleged that four persons, who identified themselves as Saxena, Rajit, Viraj Ranawat and Neha Aggarwal over the phone, called him up claiming to be from Army Group Insurance and said that they were 

Read More »
Administrator for Beverly Hills doctor convicted in San Diego of ...
Story Link:sandiegouniontribune.com
Published:Dec 1st, 2018
A San Diego County jury convicted a medical office administrator on Thursday for his role in a massive patient referral fraud scheme that previously landed his 

Read More »
Administrator for Beverly Hills doctor convicted in San Diego of kickback, i ...
Story Link:sandiegouniontribune.com
Published:Dec 1st, 2018
A San Diego County jury convicted a medical office administrator on Thursday for his role in a massive patient referral fraud scheme that previously landed his boss a 10-year federal prison sentence, prosecutors said Friday. Gonzalo Paredes, 62, was 

Read More »
Florida principal charged with State Farm insurance fraud
Story Link:insurancebusinessmag.com
Published:Nov 30th, 2018
A Florida elementary school professor has been accused of trying to scam his insurance carrier for $16,000 in the wake of Hurricane Irma. Darrell Perry, principal of Jacksonville's Timucuan Elementary School, was arrested on suspicion of trying to

Read More »
Rock Island woman charged with insurance fraud in Scott County
Story Link:qctimes.com
Published:Nov 29th, 2018
8, 2016, American Bankers Insurance Company of Florida, or Assurant, submitted a fraud referral alleging Harris, then living in Davenport, submitted an insurance policy on Nov. 7, 2015 stating that she had no prior insurance claims in the previous

Read More »
Arbella offering insurance against cyberbullying, online fraud
Story Link:masslive.com
Published:Nov 29th, 2018
Besides bullying, the insurance covers damage to property and equipment from cyber attacks, losses to online fraud, ransomware attacks and data breaches. Arbella is the first in Massachusetts to offer cyberbully coverage to the broad market, said Jim

Read More »
Davenport woman charged with insurance fraud
Story Link:ourquadcities.com
Published:Nov 29th, 2018
A Davenport woman was charged with five felonies in connection with an insurance fraud investigation. Tershera Harris, 29, was recently charged with two counts of insurance fraud - presenting false information on an insurance claim, a Class D felony

Read More »
Florida Principal Arrested in $16K Hurricane Irma Insurance Fraud Attempt
Story Link:insurancejournal.com
Published:Nov 29th, 2018
An elementary school principal in Jacksonville, Fla., has been arrested in an alleged attempt to commit more than $16,000 in insurance fraud related to Hurricane Irma, according to a statement from Florida CFO Jimmy Patronis, who leads the state's 

Read More »
Nurse accused of stealing Tarentum doctor"s pad, forging prescriptions for 1 ...
Story Link:triblive.com
Published:Nov 28th, 2018
Sylvia Marino, 53, of Leechburg was charged Tuesday with insurance fraud, theft by deception, forgery and drug offenses, court records show. Marino has been an infusion nurse at Valley Neurology Inc.'s office on First Avenue since 2011. She is accused

Read More »
Foot fraud? Lexington podiatrist accused of submitting $1 million in false i ...
Story Link:kentucky.com
Published:Nov 28th, 2018
A podiatrist and his company submitted $1 million in false claims to federally funded insurance programs, according to a complaint filed Wednesday in ..S. District Court. The complaint says that from Jan. 1, 2012, to the present, the Lexington Foot and

Read More »
Davenport woman"s multiple insurance claims lead to fraud charges
Story Link:wqad.com
Published:Nov 28th, 2018
Two counts of presenting false information on an insurance claim (Class D Felony); Two counts of Insurance Fraud -Presenting false information on an insurance application (Class D Felony),; One count of ongoing criminal conduct (Class B Felony).

Read More »
Nurse practitioner pleads guilty in $65 million prescription fraud involving ...
Story Link:sandiegouniontribune.com
Published:Nov 28th, 2018
A nurse practitioner pleaded guilty Tuesday in federal court in San Diego to taking part in a kickback scheme that used San Diego County Marines to defraud the military's health insurance provider out of more than $65 million. Candace Michelle Craven

Read More »
Insurance Fraud Ring Led by Body Shop Owner Revealed in Sacramento, CA
Story Link:autobodynews.com
Published:Nov 27th, 2018
Investigated by the .rban Auto Fraud Task Force, which is supervised and led by the California Department of Insurance Enforcement Branch and includes the California Highway Patrol and Sacramento County District Attorney's Office, which will prosecute 

Read More »


©2012-2014 Veracity Research Co. Investigations