Consumer Fraud News
Massive Medical Insurance Fraud Ring Brought Down in California
Late last week, a group of 26 doctors and other medical professionals were charged in a massive health insurance fraud scheme that brought in roughly $40 million in illegal funds. The Los Angeles Times reports that the key players in … Continue reading
Hundreds of Reports Lead to Consumer Fraud Lawsuits Against 2 Apartment Complexes
Residents of two apartment complexes in Newark, Delaware are feeling relief that their complaints have finally led to a consumer fraud lawsuit filed by Attorney General Matt Denn. The Newark Post reports that on Monday, March 20, Denn announced that … Continue reading
FTC Publishes Annual Consumer Fraud Report
According to a recent federal report, the most common type of consumer fraud cited in the United States last year was debt collection schemes, and the state with the highest number of fraud complaints was Florida. Every year since 1997, … Continue reading
New Mexico AG Files Consumer Fraud Lawsuit Against Takata
When the first recall was issued to replace potentially dangerous Takata airbags in 2001, it addressed only a very small number of Honda and Isuzu vehicles. Since then, it has come to light that faulty Takata airbags are featured in … Continue reading
Securities Helpline for Seniors Recovers More Than $2.6M in First Year
When it comes to consumer fraud, scammers know that the elderly are prime targets. Not only do many retirees have substantial savings set aside to see them through their golden years, but they may not be nearly as savvy as … Continue reading
Pro Gambler Admits to Stealing More Than $31M in Debt Collection Fraud Scheme
Earlier this month, one of the nation’s most successful competitive poker players pleaded guilty to bilking thousands of people out of at least $31 million in a fraudulent debt-collection scheme. According to the Buffalo News, Travell Thomas, 38, of Orchard … Continue reading
Protecting Yourself from Fraud after an Emergency
In the wake of Hurricane Matthew, thousands of Americans who live in Florida or along the Eastern seaboard are struggling to restore their homes and businesses after severe flooding, wind damage, and structural damage caused by rain, downed trees, and … Continue reading
Staff Sue ITT Tech After Sudden Closure of Schools
Last month, the U.S. Department of Education announced that they would no longer allow one of the largest for-profit universities in the nation, ITT Tech, to enroll new students with federal loans and grants. This massive withdrawal of financial aid … Continue reading
Arizona Telemarketing Fraudsters to Pay $6M
After receiving more than 350 complaints from bilked consumers, Arizona Attorney General Mark Brnovich obtained a judgment in excess of $6 million against five people involved in a fraudulent telemarketing company. The Phoenix Business Journal reports that three of the … Continue reading
New Jersey Puppy Mill Owner Charged With Consumer Fraud
In New Jersey, the owner of a pet store called Just Pups has been charged with consumer fraud by state officials. The man is also facing multiple counts of animal abuse and has had one of his stores closed down … Continue reading