Logistics Employee Accused of Embezzling $1.6M from Shipping Container Transport Co
On December 8, 2011, Prosecutor John Molinelli of Bergen County, New Jersey announced the arrest of George Ortega, a man accused of embezzling approximately $1.6 million from ARGIX Direct, doing business as Passport CFS Logistics. Passport Logistics was a wholly-owned…
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business unit of ARGIX Direct, whose primary business involved the transportation of shipping containers from various ports located in the northeastern U.S. to the Passport Logistics facility for stripping and separating the cargo prior to being placed in containers or over the road trailers for shipment to various locations throughout the country. An investigation revealed that beginning in January 2003 and continuing through May 2011, Ortega acted in a collusive manner with others while conducting a series of fraudulent billing schemes in addition to engaging in the direct theft of cash payments meant for the company.