Authorities to split money seized in US west coast smuggling operation

© Nattanan726

The largest commercial fraud ever uncovered on the US west coast will see the US and Hong Kong split $20m in recovered monies – a far cry from the estimated $60m lost to US Customs revenues. The crime, which started to be investigated in 2000, is thought to have involved some 7,000 shipping containers filled with apparel from China and Hong Kong. Falsified documents stated they were being imported to Mexico, when in fact they were smuggled to buyers in the ...