Fraudulent

Judge Triples Penalty for Alex Murdaugh’s Accomplice, Orders $3.75 Million Payment to Insurance Company in Fraudulent Settlement Case

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Columbia, SC – A significant legal ruling last week has tripled the restitution amount against Cory Fleming, an accomplice of Alex Murdaugh, increasing the payback to a staggering $3.75 million, a court determined. The additional hefty sum arises from attorney fees accrued by Nautilus Insurance Co., a setback to Fleming, who once served as a South Carolina attorney and close associate of Murdaugh, a convicted murderer known for his infamous criminal activities. Fleming came under legal scrutiny after it was revealed that he had aided Murdaugh in misappropriating millions from insurance settlements. Nautilus Insurance, which … Read more

ZeroRisk Cases Innovates to Combat Fraudulent Lead Generation in Mass Tort Industry

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ALLENTOWN, Pa. — The integrity of the legal system faces a significant threat from deceptive practices in the generation of leads for mass torts cases, which can heavily burden not just reputable legal firms but also the individuals unwittingly caught in these schemes. Unethical tactics by some law firms and call centers, including the use of misleading advertisements and cold-calling, continue to undermine public trust and waste considerable resources. The practice of purchasing leads from overseas call centers that may lack proper qualifications and ethical standards contributes substantially to the influx of fraudulent claims. These … Read more

Massive Spike in Fraudulent Claims Shadows Rise of Digital Payouts in Class Actions and Mass Torts, Report Reveals

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Phoenix, AZ – The dramatic surge in fraudulent claims across class actions and mass torts has highlighted the escalating need for enhanced scrutiny and the potential for digital payment solutions to mediate concerns, suggest findings from a recent report by Western Alliance Bank and Digital Disbursements. The study, analyzing over 597 payouts from 2019 to 2023, reveals a 400% jump in fraud-indicative claims last year alone, totaling 80 million instances, compared to under two million in the preceding year. Jeff Richardson, co-founder and CEO of Digital Disbursements, commented on the trend, noting that this surge … Read more

SEC Charges Florida Father-Son Duo with Running Fraudulent Litigation Funding Operation

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Washington, D.C. — A father and son duo from Florida are facing serious allegations from the U.S. Securities and Exchange Commission (SEC) after being accused of orchestrating a fraudulent scheme involving litigation funding. According to the SEC’s recent filings, the two promised substantial returns to investors by falsely claiming to fund mass tort litigations. The scheme reportedly attracted numerous investors excited by the prospect of financing high-stakes legal battles and receiving a slice of the consequent settlements. The father and son, however, are accused of diverting these investments for personal use, rather than directing them … Read more