US: 15 NAMED IN $26 MILLION INTERNATIONAL TRADE FRAUD SCHEME INVOLVING VEHICLE TYRES

A news release from US Immigration and Customs Enforcement on 17 December announced that 8 individuals had been indicted for suspected trade fraud and 14 individuals and 1 company have been charged in a related civil complaint for international trade fraud violations stemming from a decade-long scheme involving tyres from China. The indictment and complaint allege that the defendants conspired to avoid anti-dumping duties associated with off-the-road and light vehicle and truck tyres from China. Individuals allegedly imported tyres from companies that were subject to anti-dumping duties associated with Chinese tire manufacturers who had engaged in unfair trade practices in the US. The complaint further alleges US-based defendants conspired with defendants in China to obtain falsified invoices and entry records of Chinese tire companies that were subject to a lower duty rate than the actual manufacturers of these tyres.

https://www.ice.gov/news/releases/15-named-26-million-international-trade-fraud-sheme

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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