KORE Telematics an M2M wireless services provider announced today that its network played a fundamental role in exposing an organized ring of rental equipment theft.

From the press release:

"In late 2007, perpetrators rented equipment simultaneously from several branches of an equipment rental company in North Carolina, with the intent of moving the equipment out of the country. Fortunately for the rental company, it had outfitted its vehicles-for-rent with a monitoring and tracking system from DPL America, powered by the KORE Telematics machine-to-machine wireless network.

When the firm became suspicious of one of the transactions and tracked the equipment to a location nearly 100 miles from where it was supposed to be, they understood immediately that something more sinister was going on. The company quickly ran locations for every rental from the previous day and tracked another piece of equipment all the way to Texas, where it had been transported through the night to a wrecking yard near the Mexico border."

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