Polar Air Cargo's Carlton Llewellyn jailed for role in 'kickback' scheme
Carlton Llewellyn, former VP operations, system performance and quality for Polar Air Cargo, has been ...
DHL: DSV PREFERRED CHOICEWTC: ALMOST BORINGHLAG: 'GRI' AND 'GRA' UPDATEKNX: 'HARRIS UPSIDE'R: PRICEY BUT WORTHYGM: AUTO VERTICAL WOESWTC: NEW RECORDDHL: THE DAY AFTERZIM: UNSTOPPABLECHRW: NEW HIGH
DHL: DSV PREFERRED CHOICEWTC: ALMOST BORINGHLAG: 'GRI' AND 'GRA' UPDATEKNX: 'HARRIS UPSIDE'R: PRICEY BUT WORTHYGM: AUTO VERTICAL WOESWTC: NEW RECORDDHL: THE DAY AFTERZIM: UNSTOPPABLECHRW: NEW HIGH
The first sentence in the Polar Air Cargo corruption case has been doled out, to Lars Winkelbauer, its former chief operating officer. His more-than-decade-long scheme to take kickbacks, along with other management, caused Polar to lose more than $32m in revenue. He received four years in prison, must forfeit $6.7m, and make restitution to Polar in the amount of $32,902,847.
Polar is jointly owned by Atlas Air and DHL – neither of which have commented on the fraud and how it was able to go on for so long. US attorney Damian Williams said the sentence sent an important message: “Corporate corruption doesn’t pay”. You can read the full statement here.
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