Fake drivers steal $83M in Amazon Frieght 🥷

TRADE NEWS

Fake Drivers, Real Guns: How Amazon Shipments Were Hijacked

Federal authorities have dismantled a violent network of rival Armenian crime syndicates accused of stealing Amazon cargo worth more than $83 million, alongside charges of attempted murder, kidnapping, and fraud.

On May 20, 13 individuals linked to competing Armenian “avtoritet” (underworld authority) groups were arrested in a multi-state crackdown. The arrests spanned California and Florida and targeted long-running organized crime factions operating from the San Fernando Valley.

The syndicates are accused of running a sophisticated theft scheme, posing as legitimate Amazon carriers to intercept shipments before they reached distribution centers or customers. These fictitious pickups allowed the groups to reroute high-value cargo and sell it through illicit channels, severely impacting Amazon’s logistics chain.

In addition to the theft ring, the investigation uncovered a violent power struggle between leaders Ara Artuni and Robert Amiryan. Artuni allegedly ordered a failed hit on Amiryan in 2023, which led to a retaliatory kidnapping attempt later that year. The feud added layers of violence and intimidation to an already complex fraud case.

During the coordinated raids, law enforcement recovered over $100,000 in cash, 14 firearms, and three armored vehicles. One suspect remains at large, and court proceedings are underway in Los Angeles and Fort Lauderdale. Watch clip

TOGETHER WITH BRAD’S DEALS

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New Chinese Ships Could Bring a D-Day-Style Invasion to Taiwan

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TRADE SNIPPETS

Bitcoin blasts past $110,000 amid institutional inflows. Bitcoin surged to a new all-time high above $110,000, fueled by record institutional ETF inflows, growing corporate adoption, and favorable regulatory momentum, signaling broad confidence in crypto’s future.

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Uber Freight launches industry-first AI logistics network at scale. Uber Freight unveiled a logistics-specific AI network, powered by a freight-focused LLM, enabling real-time optimization, execution, and decision-making across the shipping lifecycle—ushering in a new era for intelligent supply chains.

Russian GRU targets Western logistics and tech firms in cyber campaign. U.S. agencies warn that Russian GRU actors are exploiting email and cloud systems to target logistics, transport, and tech companies, urging enhanced cyber defenses across key infrastructure sectors.

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