Proper valuation is necessary to correctly calculate Customs duties, taxes, and fees. Come join us as we discuss different value calculation methods, related-party transactions, and how to document your work so that you’re prepared for any questions that might arise.
Justice: Ghacham Inc. Sentenced for Scheming Duty Evasion and Ties to Sinaloa Drug Cartel
Justice: Ghacham Inc. Sentenced for Scheming Duty Evasion and Ties to Sinaloa Drug Cartel
December 8, 2023/
Ghacham Inc., doing business as "Platini", was sentenced in District Court for scheming to avoid paying duties and doing business with a woman linked to the Sinaloa drug cartel. They were fined $4 million, ordered to pay ~ $6.4 million in restitution, and placed on probation for five years. This was due to undervaluing imported garments. They plead guilty in December 2022.
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