Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ex-Avis Staff Member's 47-Car Heist Exposes Weaknesses in Rental Security

Ex-Avis Staff Member's 47-Car Heist Exposes Weaknesses in Rental Security

Bitget-RWA2025/10/25 10:20
By:Bitget-RWA

- A former Avis Budget employee stole 47 rental cars worth $1M via fraudulent rentals at Syracuse airport between June-August. - 42 vehicles recovered; suspect Milton Thompson faces grand larceny charges, with 4 others arrested for unlawful vehicle use. - Avis confirmed cooperation with police but declined detailed comment, highlighting security gaps in high-traffic rental operations. - Authorities warn of growing organized theft rings exploiting insider access, urging public tips to locate remaining stole

Authorities announced Friday that a 31-year-old former employee of Avis Budget at Syracuse Hancock International Airport is accused of masterminding an audacious plot to steal 47 rental cars between June and August. The vehicles, worth more than $1 million, were allegedly rented out throughout Onondaga County, and so far, 42 have been recovered, according to an

. Police have named Milton W. Thompson III of Syracuse as the suspect, who is currently wanted for second-degree grand larceny and first-degree scheme to defraud, as reported by .

The Syracuse Regional Airport Authority Police Department’s investigation determined that Thompson, who is no longer employed by Avis Budget, was the ringleader behind the thefts. Officials did not disclose the exact method used to steal the cars but noted that the operation involved fraudulent rentals at several regional sites, according to the AP. The airport authority also stated that multiple other suspects have been arrested in connection with the case, facing charges for illegal use of vehicles, the CNYBJ report said.

Ex-Avis Staff Member's 47-Car Heist Exposes Weaknesses in Rental Security image 0

Avis Budget has yet to release a comprehensive public statement, with a spokesperson only confirming the company’s awareness of the situation and its cooperation with law enforcement, according to the AP. The incident has sparked concerns about internal security at car rental companies, especially in busy locations like airports. Reports indicate that the stolen cars, which included both luxury and family vehicles, were circulated through private rental channels, making recovery more difficult, according to an

.

This case highlights the increasing difficulties authorities face in tackling organized theft rings that target rental fleets. Comparable cases have been reported in other American cities, often involving employees misusing their access to company resources. The magnitude of this theft—nearly 50 cars in just three months—has attracted the attention of local police and industry watchdogs,

.

Officials are asking anyone with knowledge of Thompson’s location or the whereabouts of the missing vehicles to contact them. The airport police have provided a phone number and email for tips, according to the CNYBJ. As of Friday, the investigation is still active, and authorities have not disclosed how long the scheme was running before it was uncovered.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Solana News Update: Institutions Wager on Altcoins’ 100x Growth as CPI Sparks Risk-On Market Mood

- Altcoin prices may surge as investors shift focus to U.S. CPI data and risk-on sentiment, with Solana (SOL) and Ripple (XRP) highlighted as potential 100x plays. - Coinbase's $375M Echo acquisition and Pave Bank's $39M Series A funding underscore institutional confidence in blockchain infrastructure despite market volatility. - Solana's $195 rebound, 55% transaction volume surge, and $400M staking ETF inflows position it as a high-growth altcoin amid rising institutional demand. - Fed rate cut expectatio

Bitget-RWA2025/10/29 03:44
Solana News Update: Institutions Wager on Altcoins’ 100x Growth as CPI Sparks Risk-On Market Mood

Asia's rapid growth in stablecoins sets technological advancement in contrast with regulatory prudence

- Kaia DLT Foundation drives Asia's multi-currency stablecoin growth amid $46T 2025 global transaction volumes, outpacing traditional payment giants. - Major players like Western Union (Solana), PayPal (Paxos) and Visa (Stellar) expand stablecoin offerings, with Visa reporting $2.5B annualized volumes in Q4 2025. - China's PBOC warns of stablecoin risks to monetary sovereignty, while Hong Kong positions itself as a digital asset hub through regulated initiatives like Red Date's cross-border solutions. - Re

Bitget-RWA2025/10/29 03:28
Asia's rapid growth in stablecoins sets technological advancement in contrast with regulatory prudence

Bitcoin News Update: Metaplanet Initiates Share Repurchase to Narrow Disparity Between Stock Price and Bitcoin Holdings

- Metaplanet Inc. will hold a shareholder meeting on Dec 22, 2025, to address its mNAV ratio drop below 1.0x. - The company authorized a ¥75B share buyback (13.13% of shares) funded by a $500M loan secured against 30,823 BTC ($3.5B). - New capital policies prioritize buybacks when shares trade below intrinsic value and issue perpetual preferred shares for BTC purchases. - Shares rose 2.3% after the announcement, following a 74% decline from June highs, as the firm aims to accumulate 210,000 BTC by 2027.

Bitget-RWA2025/10/29 03:28
Bitcoin News Update: Metaplanet Initiates Share Repurchase to Narrow Disparity Between Stock Price and Bitcoin Holdings

Ethereum Updates Today: Ethereum Holds $3,930 as Key Support Following Drop Below $4,000

- Ethereum fell below $4,000 on Oct. 28, marking a 3.59% drop and ending a five-day rally, its largest decline since October 2025. - Traders monitor $3,930 support, with breakdowns risking a test of $3,870–$3,880, while $3,945–$4,000 remains a key technical battleground. - Long-term optimism persists as Ethereum’s CD 5 Index rebounds, but near-term stability hinges on overcoming resistance near $4,000. - Upcoming Fusaka upgrade aims to boost smart contract efficiency, potentially driving ETH demand and alt

Bitget-RWA2025/10/29 03:28
Ethereum Updates Today: Ethereum Holds $3,930 as Key Support Following Drop Below $4,000