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Four Accused In $75M Heating Oil Theft Scam

Law360 (July 20, 2007, 12:00 AM EDT) -- The owners and employees of oil transportation companies Mystic Tank Lines Corp. and T&S Trucking Corp. have been criminally indicted for taking part in a scheme to steal and resell $75 million worth of heating oil.

The U.S. Attorney's Office in Brooklyn on Thursday said that since 1990, the owner and the chief financial officer at Mystic have been directing their truck drivers to hold back some of the oil they sell to retail customers, then sending them invoices for the full amount. They then resold...
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