White Collar

Fashion Importer To Pay $118M Over Laundering Scheme

A Los Angeles fashion company under-invoiced imported clothes as a way of avoiding customs tariffs and laundering money, federal prosecutors said Wednesday as they announced Ambiance Apparel and its owner had agreed to plead guilty to the scheme and pay $118 million…

Read this piece in its entirety at Law360.

Insurance Exec, Ex-NC GOP Chair Sentenced In Bribery Case

An insurance executive was sentenced to more than seven years in prison on Wednesday while the former chair of the North Carolina Republican Party got probation in a case alleging they conspired to bribe the state’s insurance commissioner to nix a troublesome investigation, the Charlotte Observer and other outlets reported…

Read this piece in its entirety at Law360.