Jeffrey A. Newman The Securities and Exchange Commission announced charges against nine investment advisers and three broker-dealers for failures by the firms and their personnel to maintain and preserve electronic communications, in violation of recordkeeping provisions of the federal securities laws. The firms admitted the...

Jeffrey A. Newman The Financial Crimes Enforcement Network, is asking the Supreme Court to stay the injunction issued by a Texas district judge in early December. The attorneys representing FinCEN said the government is likely to succeed in defending the constitutionality of the law and that the district court’s...

Jeffrey A. Newman The U.S. Defense Department updates its list of “Chinese Military Companies,” or CMC list, annually. With the latest revision, it includes 134 companies. The National Defense Authorization Act of 2024 bans the Defense Department from dealing with the designated companies...

Jeffrey A. Newman China's "national intelligence" law requires that all Chinese businesses and citizens operating oversees must gather sensitive information from host countries and provide that to the Chinese government. China can activate all Chinese persons and companies abraod to spy for the state. Here is a translation of...

Jeffrey A. Newman Around April of 2024, information surfaced in Congress suggesting major Chinese companies may have passed sensitive U.S. intellectual information to the Chinese government. A New York Times Article said that WuXi App Tec is one of several companies that lawmakers have identified as potential threats to...

Jeffrey A. Newman Chinese firms are getting around US export restrictions on advanced computer technologies by accessing them through cloud services provided by American companies like Amazon, according to a report from Reuters. The US government has tightened some regulations that...

Over the years since President Trump imposed tariffs on Chinese goods, China and its companies found many ways to evade those 25% tariffs. What they do is to create the products in Mainland China and set up a factory warehouse in Thailand, Taiwan, Malaysia, Cambodia or India. They then change the...

Jeffrey A. Newman The US Treasury Department has notified lawmakers that a China state-sponsored actor infiltrated Treasury workstations. Officials are calling it a “major incident.” According to news reports, the threat actor used a stolen key to remotely access certain Treasury workstations and unclassified documents. Treasury...

Return home  Practice Areas  Customs Fraud: A Guide to Blowing the Whistle  Tariff Evasion Schemes: Keep Illegal China Products from Entering the US By Jeffrey A. Newman The United States customs authorities are well aware...

Judge Lisa W. Wang of the US Court of International Trade has reversed a decision by the Customs Office that found "no evidence" that wooden cabinets, vanities and components made in Mainland Chine were shipped through Malayai to evase the US duties on those products. Judge Wang outright rejected Customs “baseless conclusion”...