Illinois Truck Fleet Owner Sentenced in Double-Brokering Scheme

Mon May 25, 2015
Truck and Trailer Guide

Trucking News Online is reporting that Dragan Simovski, who operated Freedom Transportation Inc., in Illinois, was sentenced earlier this month in U.S. District Court in Chicago to 36 months incarceration, 36 months supervised release, and was ordered to pay $532,000 restitution in connection with an illegal double-brokering scheme.

According to the U.S. Department of Transportation’s Office of Inspector General, Simovski pleaded guilty to wire fraud in connection with the scheme. The trucking fleet owner admitted that he and other individuals were involved in a fraudulent double brokering scheme, where they falsely represented that Freedom Transportation would use its own trucks to transport freight, knowing that Freedom had no trucks.

As part of the scheme, Simovski would enter into contracts with companies on behalf of Freedom, promising to transport freight for those companies. Simovski provided information about the freight loads to a co-conspirator broker knowing that the broker would find other companies to transport and deliver the freight.

To read the full article, click here.

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