IFAwebnews » FBI

Judge frees U.S. from having to pay $750,000 for crashed Ferrari

Bob Graham — Wed, 12 Oct 2011 03:22:07 +0000

A federal judge in Detroit dismissed a suit against the U.S. government, seeking payment for the loss of a $750,000 Ferrari crashed by an FBI agent.

Judge frees U.S. from having to pay $750,000 for crashed Ferrari via IFAwebnews.

Probes target executives’ actions at Fla. life insurance finance firm

Bob Graham — Wed, 05 Oct 2011 18:53:05 +0000

Two firms have announced separate investigations into possible claims of wrongdoing against officers and directors of a specialty finance company that proves premium financing of insurers' individual life insurance policies.

Probes target executives’ actions at Fla. life insurance finance firm via IFAwebnews.

U.S. prosecutions of health care fraud trending upward

Jaime L. Brockway — Fri, 02 Sep 2011 12:06:28 +0000

Federal prosecutors, armed with two new health care fraud teams since February, may log an 85% increase in the number of health care fraud prosecutions this year, compared to last year, a new study says.

U.S. prosecutions of health care fraud trending upward via IFAwebnews.

Md. financial advisor indicted, allegedly defrauded clients of $838,000

Bob Graham — Fri, 19 Aug 2011 01:59:23 +0000

A former vice president at Harbor Financial, an insurance brokerage in Baltimore, Md., was indicted by a federal grand jury in connection with an alleged scheme to defraud his clients of more than $838,350.

Md. financial advisor indicted, allegedly defrauded clients of $838,000 via IFAwebnews.

Insurance company seeks $750,000 after FBI agent crashes Ferrari F50

IFAwebnews Staff — Wed, 01 Jun 2011 09:37:35 +0000

A hearing is scheduled for June 13 in Detroit in a civil case pitting an insurance company against the U.S. Justice Department over the destruction of a 1995 Ferrari F50 worth $750,000.

Insurance company seeks $750,000 after FBI agent crashes Ferrari F50 via IFAwebnews.

Former D.C. community advisor convicted of $33,000 insurance fraud

Bob Graham — Thu, 28 Oct 2010 13:31:31 +0000

A former Ward 7 advisory neighborhood commissioner in Washington, D.C., was convicted by a jury of six felony counts in connection with his receiving of nearly $33,000 in false insurance benefits.

Former D.C. community advisor convicted of $33,000 insurance fraud via IFAwebnews.

Report: FBI probing insurance contracts of N.J. school district

IFAwebnews Staff — Fri, 23 Apr 2010 14:23:54 +0000

Insurance contracts between the Toms River (N.J.) Regional School District and an insurance firm with offices in New Jersey and Maryland is likely the focus of a federal investigation, according to a published report.

Report: FBI probing insurance contracts of N.J. school district via IFAwebnews.

Owner of Pa. investment firm linked to $25 million Ponzi scheme

Keith L. Martin — Fri, 02 Apr 2010 15:38:40 +0000

The owner of a Kennett Square, Pa., investment firm is accused of running a $25 million Ponzi scheme, allegedly using the profits to purchase homes throughout the East Coast.

Owner of Pa. investment firm linked to $25 million Ponzi scheme via IFAwebnews.

Owner of Calif. glass replacement chain guilty of defrauding insurers

Keith L. Martin — Tue, 23 Mar 2010 13:41:57 +0000

The owner of a California-based automobile glass replacement company with more than 60 stores nationwide was convicted on several counts, including overcharging insurers for moldings and other parts never used.

Owner of Calif. glass replacement chain guilty of defrauding insurers via IFAwebnews.

Man accused in $200,000 extortion plot using spam against life insurer

Bob Graham — Tue, 09 Mar 2010 18:57:18 +0000

A California man was arrested for allegedly attempting to extort $200,000 from a New York-based life insurance company by threatening to send false statements about the company in emails to customers and insurance agents through a spam email campaign.

Man accused in $200,000 extortion plot using spam against life insurer via IFAwebnews.