California aluminum companies to pay $549M in customs fraud settlement

Several California-based aluminum companies have agreed to pay over half a billion dollars to settle allegations they evaded customs duties on imports from China, federal officials announced Wednesday. According to the U.S. Department of Justice, Perfectus Aluminum Inc., Perfectus Aluminum Acquisitions LLC and four affiliated warehousing companies agreed to pay a combined $549.5 million to […]Several California-based aluminum companies have agreed to pay over half a billion dollars to settle allegations they evaded customs duties on imports from China, federal officials announced Wednesday. According to the U.S. Department of Justice, Perfectus Aluminum Inc., Perfectus Aluminum Acquisitions LLC and four affiliated warehousing companies agreed to pay a combined $549.5 million to […]