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Supply Chain Security: Combating Theft and Fraud | Ep 26
Manage episode 436771164 series 3556322
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High-Stakes Shipping
On today's episode on Veritas Vantage, Supply Chain Leaders Brian Hastings and Justin Maines delve into the challenges faced by the logistics industry due to escalating theft and fraud. Our discussion covers various crime rings operating in California and beyond, focusing on high-value commodities and the tactics criminals use to exploit logistics systems. They explore real-life scenarios, including double brokering and identity theft, and offer practical advice for brokers and logistics professionals to recover stolen shipments and protect themselves from fraud.
The Logistics & Leadership Podcast, powered by Veritas Logistics, redefines logistics and personal growth. Hosted by industry veterans and supply chain leaders Brian Hastings and Justin Maines, it shares their journey from humble beginnings to a $50 million company. Discover invaluable lessons in logistics, mental toughness, and embracing the entrepreneurial spirit. The show delves into personal and professional development, routine, and the power of betting on oneself. From inspiring stories to practical insights, this podcast is a must for aspiring entrepreneurs, logistics professionals, and anyone seeking to push limits and achieve success.
Timestamps:
(00:00) - Introduction to Crime Rings in California
(00:25) - Nightmare Scenarios in Logistics
(00:53) - Rising Fraud and Theft in 2023
(01:12) - Types of Scams in Logistics
(02:22) - Combating Fraud in Logistics
(02:54) - Tips for Recovering Stolen Shipments
(04:09) - How Scammers Operate
(09:54) - Hotspots for Theft
(11:24) - Preventative Measures and Carrier Selection
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