Fraud

A former executive at Polar Air Cargo received jail time as punishment for defrauding the company.

While the company continues to deny any wrongdoing, TuSimple has filed to settle its federal fraud case.

To view more FreightWaves infographics, click here

Corey Louis Hendrickson, 46, a former mayor of Willard, Missouri, and fleet dispatcher for Prime Inc., was sentenced to three years in federal prison for a scheme in which he used the names and Social Security numbers of drivers to steal money.

Two Midwest importers have settled a customs fraud case with the U.S. government for $10 million.

FreightTech hasn’t solved freight fraud, and regulators can’t figure out who is regulating it. Is there a solution?

Frances Hall has pleaded no contest to charges she was part of a multimillion dollar fraud scheme while she was co-owner of Bill Hall Jr. Trucking.

Strategic cargo theft from organized crime rings wreaked havoc on brokers and carriers in the first quarter of 2024.

This week: Verified Carrier discusses its unique way of vetting carriers, Vecna Robotics closes its Series C, Truckstop vets industry pets and Nvidia has a new offering for industry tech providers.

Highway’s Jordan Graft discusses how to fix fraud in the trucking industry at FreightWaves’ Future of Supply Chain event.

Lars Winkelbauer, a former high-level executive at Polar Air Cargo, received a four-year prison sentence for defrauding the company.

Descartes MacroPoint FraudGuard evaluates billions of data points related to freight location and shipment status in order to flag potential freight fraud.

Truckstop CEO Kendra Tucker said her company has taken steps to address freight fraud on its platform.

Transfix has launched tools aimed at protecting shippers, carriers and brokers from fraud.

To view more FreightWaves infographics, click here

Six people have pleaded guilty so far in a federal fraud case involving former executives at Polar Air Cargo, customers and service providers.

In this edition: A partnership formed to fight freight fraud; what is the future of e-commerce?; And cross-border freight gets a tech infusion.

As a freight broker, you are on the front lines of ensuring safe, efficient and compliant transportation of goods.

A Las Vegas man has been sentenced to supervised release and six months of house arrest for his role in a scheme to defraud the trucking company where he worked out of more than $112,000.

Strategic theft is particularly insidious because it often involves fraudsters manipulating the very tools that companies implemented in order to make their supply chains more efficient.