B-Share Investment & Market Dynamics: Cigarette Smuggling Leads to 5-Month Sentence, Max Penalty 2 Million
31800 un-dutied cigarettes seized at HK airport; 37-year-old traveler sentenced to 5 months' imprisonment and fined $1,000 for failure to declare. B-share investors are reminded to note the max penalty of $2 million and 7 years for dutiable goods smuggling.
31800 un-dutied cigarettes seized at HK airport; 37-year-old traveler sentenced to 5 months' imprisonment and fined $1,000 for failure to declare. B-share investors are reminded to note the max penalty of $2 million and 7 years for dutiable goods smuggling.
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