US DoJ charges India and New Jersey-based jeweller with multimillion-dollar international trade fraud scheme and unlicensed money transmitting

Shah engaged in a scheme to evade duties for shipments of jewelry from Turkey and India to the US. Shah would ship or instruct his conspirators to ship goods from Turkey or India – which would have been subject to an approximately 5.5 percent duty if shipped directly to the US – to one of Shah’s companies in South Korea…