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fraud

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    Official: Edmunds settles with marketing firm accused of faking dealer reviews
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    Back in July, Edmunds sued a Texas company named Humankind Design Ltd. for fraud and breach of contract. Among other services, Humankind Design claims to be an online reputation management company, but the lawsuit says that the site created 2,200 fake accounts in order to post positive dealerships ...

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    Video: Pedestrian fakes hilariously bad hit, foiled by Russian dash cam
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    After the Good-Samaritan-fest that was the last Russian dash cam video, it's back to our regularly scheduled program of scamming and madness. This time, it's a woman who attempts to pretend she's been hit by a car and rendered unconscious, the same tired con-job that happens to be one of the ...

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    Report: Was that viral photo of a motorcycle cop crash-landing into convertible a scam?
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    The LA Weekly reports there may have been more to the viral news story of a motorcycle police officer who ended up with his legs in the air in the back seat of a BMW convertible after a traffic collision. Following an 18-month investigation, prosecutors have officially dropped the three ...

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    Report: Infamous Bugatti offshore excursion going to trial for insurance fraud [w/video]
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    It appears the gentleman who piloted his Bugatti Veyron into a Texas lagoon has run into a spot of legal trouble. The insurance company that paid out $2 million for the trashed exotic is calling fraud on the whole scenario, and a federal judge has decided that the claim should go before a jury. ...

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    Report: Inmates, deceased among those who scored 2009 auto tax break
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    When Cash For Clunkers was announced in 2009, the federal government promised to keep close tabs on the vouchers that were paid out in exchange for clunkers. Problem is, the program led to 4.3 million taxpayers receiving $7.2 billion if vehicle deductions in the span of only a few months. So it ...

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    Report: Honda owners' accounts hacked, millions of customers at risk
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    The Internet has indeed revolutionized the way people do business, but this doesn't come without some faults. Hackers pose a threat to not only individual people's computers, but to the databases of large corporations, and a recent attack on American Honda now means that 2.2 million owners have ...

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    Edmunds.com shuts down fake websites, warns of scamming
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    Danger, car shoppers – no longer content to try and convince the gullible that a deposed African ruler needs help storing his millions, internet scammers are now using the Edmunds.com name and logo to try and swindle money away from car buyers. According to Edmunds, the company has already ...

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    Rolex Series driver behind Ponzi scheme that bilked fellow drivers out of $5.4M?
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    Henri Zogaib (pictured, right) raced for and helped support the Samax Motorsport team that raced in the Rolex Series. The support came in the form of cash and good living that supposedly came from investing in iron ore, but apparently the monies actually came from a Ponzi scheme. And as the Orlando ...

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    FOLLOWUP: Serious Fraud Office reportedly called in to investigate MG Rover collapse
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    The saga that is the collapse of MG Rover and the subsequent four-year government probe into what went wrong has just taken another sordid and oddly-timed twist. Lord Mandelson, Secretary of State for the British Labour Party, has told the Financial Times that he was under "obligation" to pass the ...

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    REPORT: Tough times yield more insurance fraud cases
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    They're called owner "give-ups," and their rise is a sign of the tough economic times. Despondent over being financially strapped and unable to cover car payments, vehicle owners are ditching, sinking, or torching their vehicles and reporting the loss to collect insurance payoffs. According to ...

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    Daewoo's ex-chief receives jail sentence
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    Kim Woo-choong, the founder and former head of the Daewoo Group, was sentenced to 10 years in a South Korean prison for embezzlement, accounting fraud, and various other white-collar crimes of the type typically committed when a large company goes down the tubes. In all, Woo-choong was said to ...

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