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LOS ANGELES, September 12, 2019 By: Cleber Cuzziol, MBE - CEO & Co-Founder at MV Risk Modeling Solutions https://www.mvriskmodeling.com/mv-media/2019/9/12/article-the-bad-cycle-of-loss Cargo losses (by theft cases or accidents) during transportation pressures Inflation rates up, specially for developing economies. It's a bad cycle of loss! When a cargo is lost due to damage, carjacking or accident, the delivery is not completed.…
CRIME April 18, 2020 By Shaddi Abusaid, The Atlanta Journal-Constitution The suspected leader of a metro Atlanta auto theft ring is back behind bars after getting arrested for the 27th time, police said. Willie James Banks was arrested Thursday by the Atlanta Police Department’s Auto Crimes Enforcement Unit, authorities said in a news release. Officers spotted his 2010 Chevrolet Malibu while patrolling in northwest…
The latest cars from best-selling brands Ford and Volkswagen are worryingly susceptible to being hacked, according to a report from a consumer group. Examples of the current Ford Focus family hatchback and Volkswagen Polo supermini, with connected technology built in were found to have 'serious security flaws' that could be breached. This could allow criminals to take control while they're being driven and access to owners…
Company car drivers and fleets are being warned by Tracker to be wary of opportunistic criminals looking to steal cars to fill a replacement parts gap caused by COVID-19. The stolen vehicle recovery company says that police across the country are already fighting an increase in ‘chop shops’ – where stolen vehicles are stripped down and expensive parts sold on. But, it argues, the lack of legitimate parts could increase their…
CHICO — Police believe the reduced traffic in downtown Chico helped them locate a stolen vehicle and its driver. Due to Gov. Gavin Newsom’s stay-at-home order and lack of bar activity, police say vehicle traffic in the downtown area is nearly non-existent in the early morning hours. At approximately 11:54 p.m. Saturday, an officer observed a green Honda Civic traveling eastbound on W. 9th Street and paid particular attention as it…
California Department of Insurance detectives took Yeghishe Msryan, 67, into custody after he was arrested in Poland and extradited back to Los Angeles by the U.S. Marshals Service for his alleged involvement in an organized fraud ring in which he and co-conspirators submitted 50 fraudulent auto loans to receive an unearned $2.6 million in loan payments. Msryan is awaiting arraignment and bail is set at $1.9 million. Two co-conspirators, Peter…
March 31, 2020 at 6:53 PM CDT - Updated March 31 at 6:53 PM MEMPHIS, Tenn. (WMC) - Car dealers across the city are on high alert after several dealerships were hit by an auto theft ring. According to the Greater Memphis Auto Dealers Association, or GMADA, eight dealerships in the Memphis metro area have been hit in the last 10 days. In addition to a number of vehicles being stolen, the thieves have caused “tens of thousands of…
Police in California took a wipe out of crime Tuesday after pulling over a stolen SUV and finding 192 rolls of toilet paper -- a sought-after commodity as people hoard supplies amid the coronavirus pandemic. Beverly Hills police posted a photo of officers searching the white SUV on social media. Two boxes stuffed with rolls of toilet paper are pictured outside the vehicle. “Gives ‘They saw me rollin’...’ a whole new…
New vehicles are packed with so much ICT that they are effectively ’data centres on wheels. They run millions of lines of onboard software: from advance driver assistance systems and engine sensors, to satnav and infotainment. Connected cars also process large volumes of incoming-outgoing data that flows through computerised componentry to ensure they arrive safely and efficiently at journey’s end. Such ‘smart’…
New cars including the latest Mazda, Subaru and Vauxhall models are still vulnerable to keyless thefts, according to a new report. The study by Thatcham Research assessed the security features of 13 new cars and found that some were still coming to market with vulnerabilities. Manufacturers have been criticised for being slow to respond to the threat of relay attacks by thieves which has been blamed for a spike in car thefts in recent years,…