U.S. Customs and Border Protection preliminarily found that two major U.S. importers Vivaldi Commercial LLC and Vivaldi Interiors evaded duties when they imported quartz surface products of Chinese producer Xiamen Sunrise Stone Company Ltd by describing the merchandize as ECO Glass or slabs of crushed glass and failed to report that it...
Category: Tariff Evasion
District of Columbia expands whistleblower law to allow individuals to bring suits for tax law violations and win awards upto 30%
A new law in Washington D.C. amends the District's False Claims Act to allow qui tam actions for violations of District tax laws. These are lawsuits through which private individuals assisting a prosecution can retain part of the taxes and...
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An Overview of Tariff and Customs Fraud
When importers intentionally fail to pay the required tariffs on goods that they bring into the country, this is a form of fraud. Not only does this type of activity deprive the government of valuable revenue, but it undermines our country’s trade policy and gives cheating companies an unfair advantage over their...
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Furniture business exec who falsified documents evading $1.4 million in duties on Chinese goods sentenced to one year home detention
A furniture business executive who falsified documents to avoid more than $1.4 million in import duties on the Chinese goods he sold was sentenced to a year of home detention Monday.
Jeff Zeng, president of Blue Furniture Solutions, was also sentenced to spend two additional years on supervised release...
Massachusetts chirpractor sentenced to prison for income tax evasion
The owner of a chiropractic business was sentenced to 6 months in prison for tax evasion after pleading guilty to the charge in June 2019, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department's Tax Division.
Richard Rogers, a...Data analytics shows that Chinese companies misclassifying goods to evade US customs tariffs
GateHouse Media data analysts say Chinese importers are misclassifying of products to the US by changing product codes to avoid the higher tariffs. In particular, the analysis reveals nearly a dozen Chinese imports — including woven fabrics, furniture mounts and lamps are being misclassified. The findings correspond with the information provided during...
LLB Verwaltung Swiss bank to pay 10.6 million to the U.S. for concealing U.S. tax evaders from the IRS
LLB Verwaltung (Switzerland) AG, formerly known as “Liechtensteinische Landesbank (Schweiz) AG” (LLB-Switzerland), a Swiss-based private bank, will pay a penalty of $10,680,554.64 to the United States. According to the statement of facts agreed to by the parties, LLB-Switzerland and some of its employees, including members of the bank’s management, conspired with a...
Chinese billionaire indicted for evading $2 Bill. in U.S. tariffs smuggling aluminium into U.S. via Mexico and he faces up to 465 years in prison
Chinese billionaire Liu Zhongtian who founded the aluminum maker China Zhongwang, has been indicted by a federal grand jury on charges that he evaded nearly $2 billion in tariffs as part of a conspiracy to evade U.S. tariffs by smuggling China-made aluminum into Mexico and driving them into the U.S. according to the Wall...
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Customs and Border Protection investigating Minnesota company for tariff evasion for hiding “Made in China” stickers on surge protectors
Customs and Border Protection is looking into a Minnesota company for tariff evasion after a Channel 9 and Cox Media Group investigation which found the country of origin labeling irregularities on surge protectors made in China. CyberPower Systems surge protectors being sold in Home Depots. Cox Media Group stations in Atlanta, Boston, Jacksonville, Memphis,...
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Nintendo reportedly starting to produce new switch consoles outside China to avoid new tariffs on US imports
Nintendo has reportedly started making two new Switch consoles outside of China in order to evade new tariffs on US imports. The Wall Street Journal reports that Nintendo’s supply chain have confirmed the movement of production to Southeast Asia, and that the company aims to produce enough consoles to fulfill demand in the US....
