Five indicted on aluminium duty evasion charges

Five men and three companies have been accused of shipping aluminium extrusions from China into the USA using false invoices indicating that the metal came from Malaysia, according to federal prosecutors in Puerto Rico.

The alleged scheme was used in an effort to avoid paying $26.7 million in anti-dumping and countervailing duties that would have been imposed on the Chinese material, prosecutors said. Samuel García-Adarme, owner of Sultana Screens & Aluminum Sales Inc., Mayaguez, Puerto Rico, and vp of Aluwest Industries Inc, Ponce, Puerto Rico, have been indicted on smuggling and money laundering charges, according to documents filed in federal District Court in Puerto Rico....

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This article was first published by AMM

June 27, 2013

05:18 GMT

Chicago