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US charges Indonesian company with evading $86 million in jewelry duties

( November 17, 2025, 21:46 GMT | Official Statement) -- MLex Summary: The US Department of Justice charged an Indonesian jewelry company, PT Untung Bersama Sejahtera, known as UBS Gold, with evading more than $86 million in customs duties and tariffs on $1.2 billion worth of imported jewelry. The DOJ last week arrested employees Icha Anastasia, 37, of Indonesia, and Claudio Fogale, 51, of Italy, who both appeared before a federal court in Newark, New Jersey. A third suspect, UBS Gold co-owner Michael Yahya, has been charged but is in Indonesia. UBS Gold allegedly avoided the duties by shipping product to Jordan and claiming the goods were made there in a scheme that lasted from around 2021 through around October 2025, according to the DOJ.DOJ and CBP statements below:...

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