USAA

A 28-year-old man was sentenced after pleading guilty to an $80,000 fraud scheme targeting a Macomb County senior, with the victim receiving full restitution. The scam involved convincing the senior to withdraw savings and hand cash to a courier posing as part of a fake bank security operation. The suspect, Guodong Wu, was identified through surveillance and linked to a similar fraud case in another Michigan jurisdiction.

USAA will return nearly $1 billion in combined savings and returns to eligible Florida members, including a $500 million dividend. This move is attributed to legal reforms in Florida that have helped lower insurance costs.