L.A. Fashion District Wholesaler and Executives Sentenced for Money Laundering and Avoiding Customs Duties and Taxes

A wholesale clothing importer located in the Fashion District of downtown Los Angeles and two of its executives have been sentenced for avoiding the payment of more than $8 million in customs duties on imported clothing, and for running a scheme in which the company laundered money and failed to report on tax returns more than $17 million derived from cash transactions, the Justice Department announced today.

From the U.S. Department of Justice: Read More