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Four people have been arrested and charged with stealing more than $900,000 from a New Jersey-based trucking company by issuing fraudulent checks to nonexistent employees.
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The upcoming harvest season for nuts is expected to get increased attention from cargo thieves in 2016, following big jumps in stealing the previous two years.
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The number of truck cargo thefts in the U.S. increased in the first quarter of the year but the average value of each heist declined, according to a new report from the logistics security services provider FreightWatch International.
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The owner of a Texas biodiesel company has been sentenced to 10 years in prison and to pay a $138 million fine in restitution and forfeiture for biofuels fraud.
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The man arrested by the FBI in last year's heist of nearly $5 million in gold from a tractor-trailer on I-95 in North Carolina allegedly spent a year planning the robbery, including planting a GPS tracker and a remote-controlled pepper spray device in the truck.
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The number of recorded cargo thefts and the average value of the heists in the U.S. declined in 2015 from the year before, according to a new report.
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The former CEO of USA Dry Van Logistics and two other former employees were handed prison sentences by a Texas federal court for conspiring to defraud GE Capital.
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A multi-million dollar scheme involving the theft, resale and purchase of stolen heating oil has led the New York County District Attorney’s Office to issue 44 indictments, including for 29 truck drivers.
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The number of cargo thefts in the U.S posted a significant decline in the third quarter of the year but the average value of each crime moved up slightly, as big-value heists jumped, according to logistics-security services provider FreightWatch International.
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The former head of the defunct carrier Arrow Trucking, James Douglas Pielsticker, has been sentenced to 7 ½ years in prison for tax evasion and fraud.
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