The United States Department of Justice has announced that Lars Winkelbauer, former executive vice president and chief operating officer at Polar Air Cargo (PO, New York JFK), has been sentenced to four years imprisonment for his part in a decade-long scheme to defraud the airline of more than USD32 million in revenue.

The former executive had pleaded guilty to conspiracy to commit wire fraud and money laundering in the longstanding case at the New York Southern District Court. In passing the 48-month sentence on May 30, US…

Source: ch aviation
Read more: Former Polar Air Cargo exec sentenced to four years