- A yacht sales agent in France was convicted of customs fraud.
- The agent operates a yacht brokerage company in Miami.
- The conviction was for aiding in the fraudulent import of a high-speed boat from the US to France.
- The agent received a two-month suspended prison sentence and a €20,000 fine.
- The fraud involved undervaluing the yacht’s customs value using forged documents.
- The yacht’s true value was approximately €686,000.
- The fraud caused an estimated loss of over €100,000 to the EU budget.
- The agent was convicted as an accomplice on 4 June 2025.
- The agent has ten days to appeal the decision.
- Other suspects will also be prosecuted in the Paris criminal court.
- The investigation was led by the European Public Prosecutor’s Office and the French National Anti-Fraud Office.
Source: eppo.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
