Large increase in benefits fraud; MD families robbed by thieves in other states

BALTIMORE — On Tuesday afternoon, state lawmakers will grill the Secretary of the Maryland Department of Human Services about stolen federal assistance benefits and recertification issues. WMAR-2 News Mallory Sofastaii has reported extensively on thieves stealing SNAP and cash assistance benefits before families can access their funds. According to the DHS, in August, more than … Read more

Business Highlights: Job Cuts, COVID Fraud

—- Gap cuts 500 corporate jobs in cost-cutting move NEW YORK (AP) — Gap is cutting 500 corporate jobs in San Francisco and New York as it seeks to cut expenses amid flagging sales, a company spokesman confirmed. The job cuts follow years of struggles at the San Francisco-based retailer, which operates stores under its … Read more

Investment Regulators Accuse North Carolina Insurance Tycoon of Fraud | business news | Business Insurance

know about this Investment Regulators Accuse North Carolina Insurance Tycoon of Fraud | business news in complete details. DURHAM, N.C. (AP) — Federal securities regulators on Tuesday indicted a North Carolina-based insurance magnate, an associate and his investment advisory firm of defrauding clients of more than $75 million through complex schemes involving undisclosed transactions. Attorneys … Read more

New York mother and daughter ran credit card charge scam to finance lavish lifestyle: indictment

As a mother, as a scammer. A Long Island mother and daughter have been charged in a decade-old credit card fraud scheme in which they allegedly swindled banks out of hundreds of thousands of dollars for designer clothing purchases and luxury vacations. as The Post learned. Karan Geist, 61, and her daughter Alyssa Geist, 33, … Read more

Chalfont Collision Center owner charged with insurance fraud: DA | Business Insurance

know about this Chalfont Collision Center owner charged with insurance fraud: DA in complete details. DOYLESTOWN, PA — The owner of the Chalfont Collision Center faces third-degree felony charges for allegedly submitting nearly 300 false insurance claims over several years to four insurance companies and pocketing more than $426,000 in payouts. John Paul Reis, 56, … Read more

Illinois District Court Partly Grants and Partly Denies Insurance Company’s Motion for Summary Judgment in Putative Securities Fraud Lawsuit | Shearman & Sterling LLP | Business Insurance

know about this Illinois District Court Partly Grants and Partly Denies Insurance Company’s Motion for Summary Judgment in Putative Securities Fraud Lawsuit | Shearman & Sterling LLP in complete details. On July 26, 2022, Judge Robert W. Gettleman of the United States District Court for the Eastern Division of the Northern District of Illinois granted … Read more

Insurance Fraud Detection Market Growth Driven By Rise | Business Insurance

know about this Insurance Fraud Detection Market Growth Driven By Rise in complete details. LONDON, July 26, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the insurance fraud detection market, the rise in cyber-attacks is expected to drive the growth of the fraud detection market. insurance. A cyber attack is … Read more

5 ways to protect yourself from Medicare fraud | Smart Switch: Personal Finance

alex rosenberg Medicare fraud is big business, and like most businesses, it has adapted to the new environment of the COVID-19 pandemic. “The public health emergency created an opportunity for fraudsters to modify and repurpose existing schemes,” a spokesperson for the Centers for Medicare & Medicaid Services, or CMS, said in an email. CMS has … Read more

5 ways to protect yourself from Medicare fraud | personal finance

alex rosenberg Medicare fraud is big business, and like most businesses, it has adapted to the new environment of the COVID-19 pandemic. “The public health emergency created an opportunity for fraudsters to modify and repurpose existing schemes,” a spokesperson for the Centers for Medicare & Medicaid Services, or CMS, said in an email. CMS has … Read more

5 ways to protect yourself from Medicare fraud | personal finance

alex rosenberg Medicare fraud is big business, and like most businesses, it has adapted to the new environment of the COVID-19 pandemic. “The public health emergency created an opportunity for fraudsters to modify and repurpose existing schemes,” a spokesperson for the Centers for Medicare & Medicaid Services, or CMS, said in an email. CMS has … Read more

Muskaan Bawa Ketto Harvard Scam Humans Of Bombay

An alleged 22-year-old Muskaan Bawa who was apparently accepted into the prestigious Harvard University to complete her master’s degree has caused outrage online. In a video posted online, Muskaan says that she has a single mother and that she is the youngest Indian ever accepted to Harvard. An affirmation that we have not been able … Read more

Broward woman says she lost more than $18,000 in SIM swap scam – NBC 6 South Florida

A woman living in Broward County says a scammer siphoned thousands from her bank and cryptocurrency accounts. It’s a scam that Yva Horrobin said she started from her cell phone. On what seemed like a normal day at work in late November, she noticed that her cell phone had no signal. “I couldn’t make any … Read more

“Yellowstone” actress charged with workers compensation insurance fraud

THE ANGELS — Q’Orianka Kilcher, 32, of North Hollywood, has been charged with two felony counts of workers’ compensation insurance fraud. An investigation by the California Department of Insurance found that Kilcher allegedly violated the law by charging more $90,000 in disability benefits. Kilcher’s attorney appeared in court today on his behalf and his next … Read more

Third Party Email Fraud Covered By Insurance Policies | Ervin Cohen and Jessup LLP | Business Insurance

know about this Third Party Email Fraud Covered By Insurance Policies | Ervin Cohen and Jessup LLP in complete details. In Medidata Solutions, Inc. v. Federal Insurance Company, 268 F. Suppl. 3d 471 (SDNY 2017), affidavit, 729 Fed. approx. 117 (2nd Circuit 2018), the Court found that there was insurance coverage when a business had … Read more

State Prisoners Sentenced to Federal Prison for Unemployment Insurance Fraud | USAO-NDNY

ALBANY, NEW YORK – Reginald Thornton, 29, and Lord Paulin, 41, were sentenced today to federal prison terms for defrauding pandemic-related unemployment insurance programs while serving state prison terms at the Center Bare Hill Correctional Facility in Malone. New York. Additionally, Rhasha Wright, 30, of Roosevelt, New York, pleaded guilty today to conspiring with Thornton … Read more