Polar Air Cargo no longer exists, but the people involved in a scheme to defraud the airline of $32 million are still paying the price.
The U.S. government on Thursday announced the latest sentencing in the case. Skye Xu was sentenced to two years in prison by U.S. District Judge Jesse Furman for paying around $4.4 million in kickbacks in a nine-month span starting in November 2020 to shell companies controlled by three senior Polar executives.
The kickbacks earned Xu and his California-based Sky...
https://www.freightwaves.com/news/last-defendant-in-polar-air-cargo-fraud-case-convicted