As long as there’s been transportation, there’s been transportation fraud.

But the sophisticated and insidious kind we’re seeing today is unlike anything the industry has experienced before.

Previously, we dealt with more localized issues -- small disputes here and there.

But this fraud has become much more sinister. That’s due to AI, the fact that cars now hold so much valuable and vulnerable data and because bad actors are simply “getting better” at this type of theft.

It’s happening at multiple points in the transaction process and is much easier to miss.

“It’s very difficult once a vehicle is gone, to get it back in most cases,” Jeremy Louisos, Senior Vice President at Preowned Auto Logistics, told the Driving Mobility podcast.

As the issue intensifies, the industry can no longer afford to focus just on rec ...