Stay Up to Date on all things Freight Fraud, brought to you by Truckstop.com.
For more information on Truckstop.com, click here.
Recent headlines reveal how freight fraud is no respecter of national borders. Authorities have arrested Shenghua Wen, a Chinese national residing illegally in the U.S., on suspicion of exporting firearms, ammunition and restricted military technology to North Korea. Operating out of Long Beach, California, Wen reportedly hid the contraband in shipping containers routed through Hong […]
A Chinese national illegally residing in the U.S. was arrested Tuesday on allegations that he exported firearms, ammunition and other military items to North Korea from Long Beach, California.
A California man was sentenced to two years and nine months in federal prison for embezzling nearly $1.6 million from the Fresno-based trucking company where he worked for 15 years.
As Thanksgiving celebrations near, supply chains face a surge in criminal activity. A recent CargoNet report highlighted 174 thefts worth $7.84 million during Thanksgiving week over the past five years, with the post-holiday Monday marking the peak for theft and identity fraud. California, Illinois and Texas top the theft hot spots, while warehouses and unattended […]
A former NFL player and his business partner, who were co-owners of a construction business and trucking company, and their bookkeeper face fraud charges after prosecutors claim they engaged in a scheme to obtain $1.4 million through the Paycheck Protection Program.
Areas of California, Illinois and Texas have been key targets for cargo thieves in recent years.
Department store retailer Macy’s, Inc., stated on Monday that an employee hid up to $154 million through intentional accounting errors starting in 2021.
A co-owner of a Massachusetts trucking company was sentenced to two months in prison after admitting that he falsified driving logs and lied to investigators in connection with a fatal collision involving the driver of one of the carrier’s trucks.
This week: Fraud tech captures FreightTech awards’ top spot, Circle Logistics shares its fraud prevention strategy and Guy Fieri just wants his tequila back.
The owner of a Florida trucking and logistics company has been convicted for his role in a three-year truck investment Ponzi scheme that bilked investors out of $112 million.
Ryan Joyce, a former CIA operations officer, drew on his experience tracking terrorist networks to execute the company strategy to fight freight fraud.
Welcome to the inaugural edition of Fraud Watch, FreightWaves’ dedicated newsletter tackling the burgeoning crisis of freight fraud.
The freight industry must take a series of steps to combat an epidemic of fraud.
Bipartisan bills including the Safeguarding Our Supply Chains Act and the Combating Organized Retail Crime Act of 2023 propose significant federal support to address the increase in freight fraud and organized retail crime.
A Virginia engineer was sentenced to seven years and six months in federal prison for his role in an investment fraud scheme that bilked investors out of over $15.6 million after purporting that he had lucrative engineering inspection contracts for federal and state government infrastructure projects.
As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.
According to a new report by Becker Logistics, cargo theft varies seasonally and by mode and location.
The first-ever Freight Fraud Awareness Day, taking place on Tuesday, aims to unite the supply chain community in tackling schemes like double brokering and cargo theft, which have seen a 400% rise since 2022.
A demand spike in truckload markets can leave independent drivers particularly vulnerable to fraud and theft.
In this edition: TIA releases its ‘State of Fraud’ report and Forward Air remains chaotic.
