The Florida Department of Financial Services has released its annual “Top-10 Fraud List,” summarizing 10 of the costliest or boldest securities, finance and insurance fraud scams investigated by the DFS Division of Insurance Fraud and resulting in convictions in the fiscal year that began July 1, 2005 and ends June 30.

Since last July DIF has made 740 arrests and won 560 convictions. Convictions are up 70 percent over the previous year and jail time is up more than 25 percent, according to Tom Gallagher, Florida’s CFO. The 10 cases on the list represent nearly $15 million in fraud. The list is being released as part of Insurance Fraud Prevention Week in Florida, which continues through June 26.