Multiple Choice Question for Cheaters

Your company is faced with having to pay $1.15 million in antidumping duties on plastic bags imported from China.  Which of the following options would you pick?

A.  Don’t import the plastic bags

B.  Pay the $1.15 million

C.  Find a way to import the bags without paying the duties

According to a federal grand jury indictment, Jin Qin Huang and the company he controls, Woncity, Inc., selected Option C.  Huang was indicted for conspiracy, smuggling, making false entries and providing incorrect classifications in his efforts to avoid paying antidumping duties on the imported plastic bags.   Antidumping duties are assessed on plastic bags at a rate of 77.57 percent from China.   

If convicted, Huang and Woncity could face a maximum fine of $250,000 for each of the 10 counts in the indictment and forfeiture of at least $1.15 in antidumping duties.   Huang could fact five years in prison for conspiracy, 20 years for each of the three counts of smuggling and two years for each of the three counts of making false classification of the goods.  Looks like Mr. Huang failed this multiple-choice test and won’t get the opportunity to take it over.