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Insurance & Financial Fraud

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1 in 5 in study admit to considering insurance fraud

April 30, 2024 Top Stories No comments.
Image showing 5 people with paper bags over their heads, 4 of which have smiley faces and one of which has a frown with tongue sticking out. 1-in-5-in-study-admit-to-considering-insurance-fraud.

Insurance fraud is a pervasive issue in the U.S. A recent study found 1 in 5 respondents have at least considered committing fraud.

Read more
April 24, 2024
AIG logo displayed in jury room scene. AIG-guilty-on-unfair-practices,-but-cleared-of-acting-in-bad-faith.

AIG violated unfair practices, but cleared of acting in bad faith

A Florida jury has cleared AIG of acting in bad faith, but awarded an unspecified amount of compensatory damages in storm damages case.

April 23, 2024
Image shows a gavel and the words, "Plea Deal."
Caz Craffy pleaded guilty to defrauding Gold Star families a week before his trial was set to begin.

Former Army financial counselor guilty of ripping off Gold Star families

Caz Craffy, former financial adviser in the Army, pleaded guilty last week to scamming grieving Gold Star families out of millions through a series of insurance fraud schemes.

April 12, 2024
Image of a man locked up behind bars. Iowa-advisor-accused-of-client-fraud-caught-by-the-FBI.

Iowa advisor schemed to defraud clients, making FBI Most Wanted list

An advisor wanted for allegedly ripping off clients for $1.5 million was captured by the FBI last week after a short time on the run.

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