Freight forwarding company executive arrested on federal indictment alleging massive scheme to avoid customs duties payments

May 28, 2025 — The chief financial officer (CFO) at a downtown Los Angeles-based shipping company has been arrested on a 22-count federal grand jury indictment charging him and the company’s CEO with using fraudulent documents, shell companies, bribes to public officials, and kickbacks to Mexican drug cartels to smuggle billions of dollars’ worth of goods from the United States into Mexico, repeatedly lying to U.S. customs officials and defrauding Mexico out of hundreds of millions of dollars’ worth of duties owed, the Justice Department announced today.  Read More