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Former Polar Air Cargo COO Lars Winkelbauer has been arrested and charged, along with 10 others, with defrauding the all-cargo carrier of an estimated $52m.

Mr Winkelbauer was arrested in Thailand and will be extradited to the US, while the nine other accused were rounded up by US federal law enforcement officers on Wednesday, after the US Department of Justice concluded it had sufficient evidence to move the case forward.

US attorney for the southern district of New York Damian Williams said: ...

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  • Aman Singh

    April 18, 2023 at 11:02 pm

    This is just unbelievable and shocking this was allowed to go on for over a decade. DHL and Atlas should seriously look at their choice so a CFO as she signed off on these fraudulent contracts. Not sure if she was in on it, turned a blind eye or just was not doing her job. Shameful all around.