FORMER Polar Air Cargo executive Robert Schirmer has been sentenced to 18 months after pleading guilty in the Southern District Court of New York to taking part in a scheme to defraud the US cargo airline, reported Bloomberg.
Schirmer will undergo supervision for three years. He pleaded guilty last October to one count of conspiring to commit wire fraud and honest services wire fraud, which carries a maximum sentence of five years.
After pleading guilty, Schirmer also agreed to pay forfeiture of US$983,759 and to make restitution of just over $9.3 million to New York-based Polar.
Schirmer was one of 10 people charged in April 2023 with defrauding Polar, 51 per cent owned by Atlas Air Worldwide and 49 per cent owned by DHL Express.
The 10 defendants involved in the case were accused of taking part in a fraud scheme that operated for over a decade and resulted in the company losing an estimated $52 million, while impacting nearly all operations.
The scheme allegedly saw relations with GSAs, freight forwarders, handling and trucking service providers corrupted.
The fraudulent activity is understood by law officials to have spanned at least in or about 2009 through to about July 2021.
Former Polar Air Cargo chief operating officer Lars Winkelbauer was in May sentenced to four years in prison for his part in fraud scheme.
In January, former vice president of operations, system performance, and quality Carlton Llewellyn pleaded guilty to one count of conspiring to commit wire fraud.
Alongside Schirmer, Llewellyn and Winkelbauer, there is one other co-defendant that was a senior executive of Polar. There are also six co-defendants that owned and operated various Polar vendors and customers.
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Schirmer will undergo supervision for three years. He pleaded guilty last October to one count of conspiring to commit wire fraud and honest services wire fraud, which carries a maximum sentence of five years.
After pleading guilty, Schirmer also agreed to pay forfeiture of US$983,759 and to make restitution of just over $9.3 million to New York-based Polar.
Schirmer was one of 10 people charged in April 2023 with defrauding Polar, 51 per cent owned by Atlas Air Worldwide and 49 per cent owned by DHL Express.
The 10 defendants involved in the case were accused of taking part in a fraud scheme that operated for over a decade and resulted in the company losing an estimated $52 million, while impacting nearly all operations.
The scheme allegedly saw relations with GSAs, freight forwarders, handling and trucking service providers corrupted.
The fraudulent activity is understood by law officials to have spanned at least in or about 2009 through to about July 2021.
Former Polar Air Cargo chief operating officer Lars Winkelbauer was in May sentenced to four years in prison for his part in fraud scheme.
In January, former vice president of operations, system performance, and quality Carlton Llewellyn pleaded guilty to one count of conspiring to commit wire fraud.
Alongside Schirmer, Llewellyn and Winkelbauer, there is one other co-defendant that was a senior executive of Polar. There are also six co-defendants that owned and operated various Polar vendors and customers.
SeaNews Turkey
