Simply Trade [Crimes]: Deceptive Importing Practices - A Customs Compliance Cautionary Tale with Larry Hanson

On this Halloween episode of Simply Trade, host Larry Hanson shares a chilling true story of a company that failed to follow international trade regulations. What started as a routine investigation turned into threats of decades in prison.

Main Points

• The importance of supplier due diligence and verifying country of origin claims
• How ignoring customs inquiries can escalate issues into criminal cases
• Contracts should address tariff risks beyond a supplier's control
• Why engaging trade counsel early is key to avoiding search warrants
• Proper documentation and transparency help avoid assumptions of criminal intent

Larry's cautionary tale serves as an important reminder of compliance's role in protecting livelihoods. By sharing real-world lessons, this episode emphasizes that prevention is better than facing potentially ruinous penalties. Listen in to learn how even inadvertent mistakes can have serious legal consequences if not addressed promptly with expert guidance. Subscribe and leave a review to hear more practical trade compliance guidance.

Enjoy the show.  

Full show with video available on www.gtc.trade/pod

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Show references:

• Global Training Center - www.GlobalTrainingCenter.com
• Simply Trade Podcast - twitter.com/SimplyTradePod 
• Lawrence Hanson - https://www.linkedin.com/in/lawrence-hanson-1bba9014/ 

Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade
• Requests to be on the show as guest
• Suggest any topics you would like to hear about

Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.