CBP assists HSI and IRS trade fraud probe; two arrested, $13.36 million in gold seized

CBP states that its officers at John F. Kennedy International Airport worked with Homeland Security Investigations and the Internal Revenue Service in a multiyear trade fraud investigation that led to two arrests, the seizure of $13.36 million in gold, and the identification of a suspected $86.47 million in evaded duties. CBP says examinations revealed a suspected scheme to route gold jewelry shipments through a foreign intermediary and return them to the United States as "U.S. goods returned," reducing duties owed.