Double Brokering Scams Continue to Target Trucking
Fraudsters Use Identity Theft to Steal Shipments
Done covertly, fraudulent double brokering “can certainly be a gateway to a lot of problems,” Bowyer said. (AlbertPego/Getty Images)
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Brokers make a distinction between co-brokering, done legitimately as a necessity in a fast-paced business environment, and double-brokering, done surreptitiously, often by fraudsters intending to steal freight.
Carriers and brokerages may have co-brokering agreements that require specific procedures if they are going to re-broker freight, said Zak Bowyer, vice president of sales support operations for Total Quality Logistics.
For example, he said, “We have a large carrier…
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