Insurance & Financial Fraud

Insurance & Financial Fraud RSS Get our newsletter

Nebraska Attorney General Mike Hilgers filed a lawsuit this week alleging General Motors and its telematics service provider OnStar collected driving data without consumers' knowledge or consent to create driving scores that were later sold to insurance companies and used to raise rates. The lawsuit alleges GM installed telematics systems in its…

TLDR Coinbase aids US Secret Service in largest crypto seizure, tracing $225M from fraud schemes. Tether freezes 39 wallets, helping recover stolen crypto worth $225M in major bust. US Secret Service seizes $225M tied to “pig butchering” crypto scam, marking a historic operation. Global authorities ramp up crypto seizures, with Australia and Germany making major […] The post…

Kimberly Humphrey, of Virginia Beach, Va., pleaded guilty Tuesday in U.S. District Court in Albany to one count of wire fraud and one count of health care fraud. Humphrey was executive vice president for Roglieri's Albany- based firm, Prime Capital Ventures, a loan brokerage that held itself out as a private equity fund. The other is Christopher Snyder, the former…

An Encino-based public insurance adjuster and a series of related companies allegedly submitted false claims, stole insurance funds and failed to complete repairs for more than a dozen clients, including two Eaton fire victims, according to a newly filed class-action lawsuit and a complaint from the state Department of Insurance. The Department of…

The Arizona Corporation Commission issued the following securities division news:. Phoenix, Ariz.- The Arizona Corporation Commission ordered David J. Volpe of Scottsdale to pay $459,500 in restitution and a $65,000 administrative penalty for committing securities fraud. In 2021, the Maricopa County Superior Court appointed a permanent guardian and…

"At current interest and tax rates, it is far cheaper to borrow against the value of one's shares than to sell them and pay taxes on the gains." Elon and his fellow perps do this, all the while planning to steal Social Security by setting up a' cat food commission' to privatize the only retirement most Americans will ever see. According to Forbes, our' first buddy', ersatz'…

The Trump administration earlier this month ordered the CFPB to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis. Billionaire Elon Musk, of the Department of Government Efficiency, has been taking aim at the CFPB. Warren has been warning that shutting down the CFPB will leave the…