Amid the high growth of cargo theft overall, fraud is especially a growth industry, notably something called "double brokering. This where cargo thieves pretend to be carriers, take the money paid to move cargo and then hire another company, unbeknown to the shipper, to complete the task for a lower fee, pocketing the difference.
Alternatively, the crooks might instead steal the cargo outright and sell in on the gray market.
This scheme was nicely illustrated in a recent article in the Wall Street Journal, as shown below:
Source: Wall Street Journal
“The schemes can harm parties at every step: Shippers lose merchandise, brokers get swindled and carriers don’t get paid,” the Journal notes.
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