Las Vegas resident admits to conspiracy in filing over 1,200 false tax returns, securing $33M in fraudulent IRS refunds for personal gain.

Two Estonian men have pleaded guilty to running a $577 million cryptocurrency Ponzi scheme that defrauded hundreds of thousands worldwide. They now face up to 20 years in prison.

AI, blockchain, and biometric verification are transforming fraud detection in insurance. These technologies enhance security, streamline claims processing, and prevent financial losses.

Former Ohio insurance agent Rhonda Chandler received probation and faces prison if she violates terms after pleading guilty to stealing over $1.4 million in pre-need funeral insurance funds.

Loneliness is becoming a significant societal issue, and fraudsters are taking full advantage of it. Romance scams—where criminals exploit social isolation to build fraudulent online relationships—are already costing victims billions.

Michigan is tackling surging auto theft by expanding its Auto Fraud Task Force, partnering with law enforcement to curb organized crime and reduce insurance costs.

Pennsylvania State Police are investigating the theft of approximately 100,000 organic eggs, valued at $40,000, from a distribution trailer at Pete and Gerry’s Organics in Greencastle.

A judge ruled that Louisiana’s insurance regulator lacked authority to fine McClenny, Moseley & Associates for alleged fraudulent hurricane claims, sparking further legal debate.

A Phoenix couple pleaded guilty to orchestrating a $1.2 billion health care fraud scheme, submitting false claims for unnecessary wound grafts and receiving millions in illegal kickbacks.

A Connecticut man was arrested following an investigation into a fraudulent iPhone insurance scheme that involved the use of mules and fake claims to obtain replacement devices.

Allegations of staged accidents and fraudulent medical claims in New York could be inflating Uber ride prices by driving up insurance costs for rideshare drivers.

A Charlotte man faces a felony insurance fraud charge after allegedly misrepresenting how his vehicle was damaged, claiming a deer strike instead of a hit-and-run crash.

Former insurance claims handler James Keating received a 20-month prison sentence for defrauding Allied World Insurance out of more than $1.4 million through shell companies and kickbacks.

The Maryland Insurance Administration recovered nearly $33.3 million in 2024 by assisting consumers with insurance disputes, fraud investigations, and regulatory enforcement efforts.

Experian’s Future of Fraud Forecast highlights five emerging threats for 2025, including AI-driven bot attacks, password spraying, cryptocurrency scams, and social media-fueled fraud schemes.