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Crime & Fraud

With unattended trucks and closed warehouse facilities, holidays present an opportune time for cargo theft. With the Labor Day weekend ahead, CargoNet has offered some security tips.

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Takata Pleading Guilty to Wire Fraud

In a settlement reached with the U.S. Department of Justice, Takata Corp. has agreed to plead guilty to wire fraud and pay $1 billion in criminal penalties arising from the sale of defective air bag inflators. Video courtesy of CNBC. For the full story, click here.

L.A. Targets Hit-and-Runs

Approximately 20,000 hit-and-run crashes occurred in Los Angeles in 2014, prompting the launch of a new public awareness campaign aimed at preventing the crime. Here's a video report from CBS Los Angeles.

Ponzi Scheme Tied to Driver Alert Tech Firm

The Securities and Exchange Commission alleges that a Houston-area businessman deceived clients into investing in a financially troubled company specializing in safety tech aimed at preventing drowsy driving.