Tagged: Fraud

Nikola Motors founder Trevor Milton-Fraud 0

Court Convicts Nikola Founder

Court convicts Nikola founder on securities fraud and 2 counts wire fraud. Was Nikola Motors founder Trevor Milton a “con man,” or just overly enthusiastic? A jury in Manhattan apparently agreed with the prosecutor that…

Bill Hall Jr. Trucking Truck 1 0

Trucker Charged With Fraud

Trucker charged with fraud for avoiding $9 million in insurance premium payments San Antonio woman convicted of killing her husband while chasing his mistress on a highway has been charged with felony fraud relating...

Roadrunner Transportation Former CFO Gets 2-years 0

Former CFO Gets 2-year Sentence

A former chief financial officer (CFO) of Roadrunner Transportation Inc. has been sentenced to two years in person for his role in an accounting fraud scheme that led the company to restate its earnings and…

3 enter pleas in trucking scam, a Louisiana insurance ring, dubbed Operation Sideswipe, "On Thursday, June 17, Danny Patrick Keating Jr., 52, a New Orleans-based personal injury attorney, entered a guilty plea to charges of conspiracy to commit mail and wire fraud..." 0

3 Enter Pleas In Trucking Scam

Three more participants in a Louisiana insurance ring, dubbed Operation Sideswipe — that targeted heavy-duty commercial trucks — pleaded guilty in June, according to the U.S. Department of Justice. One of the three is an…

Even without a pandemic, U.S. trucking was looking at a tough time this year. When the year began, the industry was coming off a challenging 2019, when overcapacity and weak pricing forced at least 795 trucking companies to close. It’s important to note that a great many small carriers close every year. That’s because a disproportionate number of them are lightly funded, one-person operations. Still, closings last year were inordinately high, according to industry studies. 0

Feds Charge 11 With Staging Crashes

Feds Charge 11 with staging crashes following a widespread investigation into staged crashes targeting truckers and their insurance companies. In late August, the U.S. Attorney’s Office Eastern District of Louisiana announced that 11 people had…

Bottini Fuel NY Gavel 0

Bottini Fuel Plead Guilty

Bottini Fuel of Wappingers Falls, N.Y., pleaded guilty to falsifying business records and agreed to pay more than $3.2 million in restitution and civil damages, the New York Attorney General announced recently. The criminal conviction…

Tank Transport Trader