Posted October 18, 2012
Group is Charged with Under-Reporting Cigarette Production and Sales
Today, a U.S. District Court ordered Roberto Ricieri Ribeiro sentenced to 60 months incarceration and three years' supervised release, to pay $9.4 million in restitution and forfeit $19.6 million; and Belcorp of America and Players International Services to forfeit $19 million in property and make restitution of over $9.4 million.
Today a federal judge sentenced an individual and two corporate defendants for their roles in a cigarette trafficking scheme, according to a press release from the U.S. Attorney's Office for the Western District of Virginia. This sentencing came one year after the unsealing of a federal indictment charging the Belcorp Corporation with cigarette trafficking crimes.
"Illicit trade in the TTB-regulated commodities is a multi-billion dollar industry," said TTB Assistant Administrator for Field Operations Tom Crone. "TTB is committed to prosecuting illicit operators who willfully violate the law as they deprive the American public of the taxes rightfully due, provide funding for criminal activities, and gain an unfair competitive advantage over law-abiding businesses."
The case is the result of an investigation by the Bureau of Alcohol, Tobacco, Firearms and Explosives, Immigrations and Customs Enforcement, TTB, the Internal Revenue Service, and the United States Marshal's Service.