Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

CEO gets 10 years on smuggling charges

July 14, 2015 by adminficci News 0 comments

A CEO in HCM City was sentenced to 10 years behind bars yesterday after attempting to evade more than VND1 billion (US$45,500) in taxes.Nguyen Nguyen Ly, former CEO of the Dai Duong Xanh Co., claimed to be importing organic products from Singapore worth more than VND100 million (US$4,500) for wastewater treatment.

Customs checks a day later discovered that the actual content of the shipment was 218 Panasonic air-conditioners worth more than VND2.5 billion ($113,600).

http://vietnamnews.vn/society/273023/ceo-gets-10-years-on-smuggling-charges.html

Prev
Next

Related Posts

Counterfeiting – Damages, Responsibilities And Solutions
August 3, 2015

Diesel recently announced that they have won a lawsuit against Cosmos World after...

CBP San Juan seizes 560 sets of counterfeit Apple AirPods.
June 24, 2020

U.S. Customs and Border Protection (CBP) San Juan Field Operations announced...

Farmers want seized smuggled rice to be donated to ‘Yolanda’ victims now
November 14, 2013

The leader of a farmers and irrigators’ coalition Sinag called on the government...

Meet The Man Smuggling Prospective ISIS Recruits Across The Turkey-Syria Border
November 10, 2014

Mohammed Abu Mustafa spends most of his days puffing sweet-smelling tobacco smoke...