Chinese online retailer selling luxury goods reportedly arrested on smuggling charges
The founder of an online Chinese luxury retailer has been arrested after being charged with smuggling 438 million yuan ($65.67 million) worth of goods into the country, the official China Daily reported on Monday, citing the customs authority.
Ji Wenhong, the founder of Xiu.com, an online e-commerce website that specializes in imported luxury goods, was captured in Indonesia and returned to China, where he will face trial, the newspaper said.
Ji is accused of being the head of a smuggling operation in which luxury clothing items purchased in Europe and the United States were carried into China via Hong Kong and made to look like personal possessions in order to avoid duties.
https://www.cnbc.com/2017/08/20/china-online-retailer-arrested-on-smuggling-charges-says-report.html
Related Posts
Police uncover counterfeit spare parts business
The Jakarta Police said Thursday that they had uncovered a counterfeit motorcycle...
At Least 11% of Russian Dairy Products Counterfeit in 2015
Up to 11 percent of all dairy products in Russia were found to be counterfeit by...
Tiffany wins $2.2m damages against online counterfeiters
Jewelry company Tiffany & Co has won $2.2m in damages and a permanent...
Fake hand sanitiser racket busted in Hyderabad after 1 lakh bottles sold for Rs 1.4 crore.
Police seized 25,000 units of 100 ml sanitisers and raw materials worth Rs 40...