Column: Sting operation ends fraud ring at Caterpillar

11/23/2009 | Peoria Journal Star (Ill.)

Caterpillar recently teamed up with the Illinois State Police and the Peoria, Ill., police for a sting operation that dissolved a fraud ring, Paul Gordon writes. The company's financial unit first noticed that some skid steer loaders were purchased and taken from the company premises without payments being made, he writes. The perpetrators were part of a larger theft ring that also targeted other companies and financial institutions, Gordon writes.

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Peoria Journal Star (Ill.)

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