MIAMI (Reuters) – A Florida doctor pleaded guilty on Wednesday to securities fraud in connection with a life insurance scam that cost 28,000 investors nearly $1 billion, prosecutors said. Clark Mitchell, the former director of a prominent AIDS clinic who was arrested more than five years ago on insurance fraud charges, agreed to be responsible … Florida doctor pleads guilty in $1 billion fraud
Eagle-Tribune The fight against auto insurance fraud is finally starting to pay off for drivers in Lawrence and across Massachusetts. But there’s more work that needs to be done to create a truly fair and competitive insurance system in the state. Last week, Insurance Commissioner Julianne Bowler announced an average 11.7 percent cut in premiums … Fighting insurance fraud means lower rates in Mass
Eight people have been charged with defrauding insurance companies by registering commercial motor vehicle fleets in upstate New York to avoid higher premiums in New York City. The following people were arrested on multiple counts of second- and third-degree insurance fraud and first-degree offering a false instrument: Peter Albano of Brooklyn Richard Shavel, on Monroe … Eight indited in NY Auto Insurance Fraud Scheme
he owners of a San Diego area roofing company that has offices and operations in the Central Valley have been ordered to pay $3 million in restitution to State Compensation Insurance Fund and have been sentenced to three years’ probation, State Fund says. Paul Mayer and David Archer, owners of Mayer Roofing, were ordered to … San Diego Workers comp insurance fraud settlement tops 3 Million
A couple who plotted to swindle insurance companies out of more than £600,000 by pretending the husband had died suddenly in India have both been jailed for two years. Geta and Sharanjit Gill almost got away with it until a dogged insurance investigator traveled to India and made inquiries at temples, the crematorium, a hospital … UK Insurance swindlers jailed