Our Founding Fathers Rejected
FREE TRADE And So Should We

Chapter Samples Buy the Book

Paramount clothing company executive gets 4 years in prison for scheme to underpay tariffs on imports

Mohamed Daoud Ghacham, 40, was sentenced and ordered him to pay nearly $6.4 million in restitution, according to the U.S. Attorney’s Office. Ghacham’s company, Ghacham Inc., which does business under the Platini brand name, imported clothing from China and submitted fraudulent invoices to U.S. Customs and Border Protection that undervalued the shipments, allowing the company to avoid paying the full amounts of tariffs owed on the imports.

Read the article.