Investigations

David Richard Shubert, owner and manager of Shubert Corporation of Denver, CO was indicted in U.S. District Court in Denver for defrauding trucking companies on brokered shipments. Shubert allegedly failed to remit $103,000 in fees for freight shipments made and thwarted the trucking companies’ collection efforts by relocating and changing the name of his firm. In addition, Shubert allegedly provided fictitious motor carrier numbers and false surety bonds to the haulers. The indictment charges that Shubert committed wire fraud, mail fraud, and made false statements. This is a joint investigation involving DOT-OIG and the FBI.

Note: As in any criminal case, a person is presumed innocent unless and until proven guilty. The charges filed merely contain allegations of criminal conduct.