One such transceiver was found in Higazy's digital combination locksafe, along with his passport and a copy of the Koran, the Islamic holy book, the agents said.
It builds on the standard kidnapping and ransom policy by bringing in consultants to train crews in security, prepare emergency safe rooms where crews can lock themselves in until a hijacked ship can be retaken, and provide round-the-clock advice to captains on safe routes to take.
Of special interest is a bait-and-switch ruse where (mostly older) investors are told to liquidate safe, low-yielding investments to buy annuities, which carry steep commissions and expenses and lock investors in for years.