Prevention of Money Laundering Act (PMLA) of 2002: The PMLA can be invoked while scrutinizing the cases involving substantial amounts of money, especially insurance fraud. The insurers are mandated to ...

The four people, three from Glendale and another from Valley Village, allegedly claimed a bear had broken into their 2010 Rolls-Royce Ghost in January, damaging the inside of the car. The footage they ...

An insurance magnate who was once a big political donor in North Carolina is in federal custody after pleading guilty in connection to what prosecutors call a $2 billion scheme to defraud insurance ...

Four people fake bear attacks for insurance payout in California.

Once upon a time in Southern California, a person wore a bear costume to damage luxury cars so friends could allegedly cash ...

Before getting busted, officials say the suspects defrauded three different insurance companies out of more than $140,000.

Four people who allegedly dressed as bears and damaged their own luxury cars in a bid to defraud insurance companies were arrested in the US state of California on Wednesday.

Four Los Angeles-area residents were arrested on Wednesday, Nov. 13 on suspicion of insurance fraud and conspiracy after ...

"Upon further scrutiny of the video, the investigation determined the bear was actually a person in a bear costume," a news release states.

Three insurance claims involving a bear damaging luxury cars in California are now believed to be fraud after it was ...

Four people have been charged with insurance fraud and conspiracy after investigators discovered that a bear caught on camera ...

Four individuals were arrested Wednesday for allegedly attempting to defraud their insurance companies by claiming a bear had ...