The final defendant in a multimillion-dollar fraud scheme targeting Polar Air Cargo has been sentenced to two years in prison, concluding a wide-ranging corruption case that shook the U.S. air freight industry. Skye Xu, the former operator of Sky X Airlines, was sentenced by the U.S. District Cou...

Damian Williams, the United States Attorney for the Southern District of New York, announced today that Lars Winkelbauer was sentenced to four years in prison by U.S. District Judge Jesse M. Furman in connection with a massive scheme to defraud Polar Air Cargo Worldwide, Inc., a leading cargo airlin...

Allegations that several Polar Air Cargo managers accepted "illicit" payments from a forwarder who later sued the carrier have shocked in the air cargo industry. Documents filed under the US Racketeer Influenced and Corrupt Organizations Act (RICO), at the Southern District of New York, appeared ...