Shipping & Freight #freight-fraud#cargo-theft
Yerevan gang posed as US carriers, stole freight, converted proceeds to crypto, police say
Armenian cyber police raided a Yerevan hotel on July 23, accusing occupants of posing as US freight carrier employees. The suspects allegedly redirected shipments, sold the goods, and converted proceeds into crypto assets. Authorities have not disclosed total loss, cargo types, or number of arrests.
Aug 17, 2026 1 source