CHICAGO — A federal grand jury in Chicago has charged 23 defendants with participating in a fraud scheme through which they allegedly swindled ten life insurance carriers out of at …
Tag:
Insurance
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- Department of Justice Press Releases
Former insurance agent arrested for defrauding customers, COVID fraud
by DOJ Pressby DOJ PressCINCINNATI – A former insurance agent was arrested this morning on federal charges alleging he defrauded dozens of victims in the Cincinnati and Dayton area and fraudulently obtained two COVID …
- Financial News
U.S. insurance safety group says 2022 Jeep Wrangler tipped over in crash test
by Reutersby ReutersBy David Shepardson WASHINGTON – The Insurance Institute for Highway Safety (IIHS) said on Thursday a 2022 Jeep Wrangler 4-door model tipped over in a crash test, an issue that …
- Financial News
Insurance broker Acrisure touches $23 billion in valuation after latest funding
by Reutersby Reuters(Reuters) – Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary of Abu Dhabi Investment Authority, valuing the insurance …
- Breaking NewsPolice Blotter
Owner of Pennsylvania Healthcare Transport Company Pleads Guilty to Insurance Fraud
HARRISBURG, PA – The owner of Rides Your Way, Rex Barr has pleaded guilty to insurance fraud. Rides Your Way, a non-medical transportation service provider, was involved in a scheme …
- Financial News
Insurance rates jump for Ukraine war-exposed business, sources say
by Reutersby ReutersLONDON – Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing costs for airline and shipping firms, industry sources …
- Department of Justice Press Releases
Two Defendants Charged with Prison-Based Unemployment Insurance Fraud
by DOJ Pressby DOJ PressALBANY, NEW YORK – Ivis Jorge, age 44, formerly an inmate at the Riverview Correctional Facility in Ogdensburg, New York, and Pamela Febo, age 38, of Keansburg, New Jersey, were …
- Department of Justice Press Releases
Two More New Orleans Area Defendants Sentenced for Conspiring to Stage Automobile Collisions in Order to Defraud Insurance and Trucking Companies
by DOJ Pressby DOJ PressNEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today that on May 25, 2022 DONIESHA GIBSON (“GIBSON”), age 31, of New Orleans, Louisiana and ERICA LEE THOMPSON …
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By Jonathan Saul, Nidhi Verma, Yuka Obayashi and Carolyn Cohn LONDON/NEW DELHI/TOKYO – Russia has so far deflected much of the impact of sanctions on its oil trade but the …
- Department of Justice Press Releases
Maryland Man Sentenced to Over Seven Years in Federal Prison for Covid-19, Unemployment, Insurance, and Aggravated Identity Theft Schemes
by DOJ Pressby DOJ PressBaltimore, Maryland – U.S. District Judge Stephanie A. Gallagher sentenced Idowu Raji, age 40, of Baltimore County, Maryland, to 94 months in federal prison, followed by two years of supervised …
- Department of Justice Press Releases
Former Georgia Insurance Commissioner John Oxendine charged with health care fraud and money laundering scheme
by DOJ Pressby DOJ PressATLANTA – John W. Oxendine has been arraigned on federal charges of conspiracy to commit health care fraud and conspiracy to commit money laundering. Oxendine was indicted by a federal …
- Breaking NewsNew Jersey NewsNorth Jersey NewsPolice Blotter
Jersey City School Crossing Guard Arrested for Insurance Fraud
JERSEY CITY, NJ – A Jersey City security guard, employed by the Jersey City Public Schools was arrested by members of the Hudson County Prosecutor’s Office Insurance Fraud Unit for …
- Department of Justice Press Releases
Man Charged with Using Stolen Identities of UCSD Students in Bank and Pandemic Unemployment Insurance Fraud Schemes
by DOJ Pressby DOJ PressAssistant U. S. Attorney Eric R. Olah (619) 546-7540 NEWS RELEASE SUMMARY – May 11, 2022 SAN DIEGO – Nehemiah Joel Weaver was indicted by a federal grand jury for …
- Department of Justice Press Releases
Chicago Insurance Executive Sentenced to Four Years in Federal Prison for Embezzling Nearly $6 Million From His Employer
by DOJ Pressby DOJ PressCHICAGO — The former controller of a Chicago-based insurance company has been sentenced to four years in federal prison for embezzling nearly $6 million in company funds. From October 2018 …
- Department of Justice Press Releases
Las Vegas Woman Sentenced To Prison For Using Stolen Identities To Fraudulently Collect Over $175,000 In Unemployment Insurance Benefits
by DOJ Pressby DOJ PressLAS VEGAS – A Las Vegas woman was sentenced today to 45 months in prison for using at least 40 stolen identities to fraudulently collect approximately $175,622 in unemployment insurance …
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DUBLIN – U.S. aircraft lessor Aircastle is bracing for tough discussions with insurers over aircraft it cannot recover from Russia, the chief executive of the Marubeni Corp and Mizuho Leasing …
- Department of Justice Press Releases
Former Postal Employee Admits Fraud in Connection with Unemployment Insurance Benefits
by DOJ Pressby DOJ PressNEWARK, N.J. – A former U.S. Postal Service (USPS) employee today admitted that he fraudulently obtained unemployment insurance benefits, U.S. Attorney Philip R. Sellinger announced. Khaori Monroe, 29, of Newark, …
- Financial News
Ship insurance claims to rise as Black Sea remains high risk area – Allianz
by Reutersby ReutersBy Jonathan Saul (Reuters) – Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, …
- Department of Justice Press Releases
Camden County Man Charged with Fraud in Connection with Unemployment Insurance Benefits
by DOJ Pressby DOJ PressNEWARK, N.J. – A Camden County, New Jersey, man was arrested for his role in an unemployment insurance benefits fraud scheme, U.S. Attorney Philip R. Sellinger announced today. Willie Carter, …
- Department of Justice Press Releases
Former Insurance Agent Pleads Guilty to Defrauding Client of More Than a Million Dollars
by DOJ Pressby DOJ PressTUCSON, Ariz. – Koreasa M. Williams, 49, of Tucson, Arizona, pleaded guilty last week to defrauding an elderly annuity client of more than $1,300,000. Williams, formerly licensed in Arizona to …
- Business News
Combined Insurance Announces Grants to Support Military Service Members, Veterans, and Their Families
by Your Newsby Your NewsThe grants are in keeping with the company’s enduring commitment to giving back to those who have served the nation. Tweet this Luke’s Wings, which provides for emergency travel by …
- Department of Justice Press Releases
Harvey Woman Sentenced for Conspiring to Stage Automobile Collision to Defraud Insurance and Trucking Companies
by DOJ Pressby DOJ PressNEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today that DONISESHA LEE, a/k/a DONISHA LEE (“DONISHA LEE”), age 32, of Harvey, Louisiana, was sentenced today for Conspiracy …
- Breaking NewsNew Jersey NewsNorth Jersey NewsPolice Blotter
Three from Jersey City Arrested for Insurance Fraud
JERSEY CITY, NJ – The Hudson County Prosecutor’s Office Insurance Fraud Unit has announced the arrests of three Jersey City residents on charges relating to the filing of fictitious insurance …
- Department of Justice Press Releases
Former State Unemployment Contractor and Co-Conspirator Indicted for Stealing Unemployment Insurance Benefits
by DOJ Pressby DOJ PressDETROIT – A former contract employee with the State of Michigan Unemployment Insurance Agency, and one co-conspirator, were charged today in an indictment for their roles in a scheme to …
- Department of Justice Press Releases
Former State Employee Indicted for Unemployment Insurance Fraud
by DOJ Pressby DOJ PressALBANY, NEW YORK – A grand jury indictment unsealed today alleges that former New York State Department of Labor (NYSDOL) employee Wendell Giles, age 51, of Albany, conspired with another …