Counsel for a South Korean activewear producer that pled guilty to federal customs fraud last month hopes the civil settlement in the government’s case will grease the wheels of a multi-count RICO lawsuit it filed back in 2018.
Seoul-headquartered Anyclo International, which lists Forever 21 and Fila as top customers, sued former employee and now government whistleblower Yang-Sup Cha and other parties in 2018 on 12 counts including breach of contract, embezzlement, fraud and racketeering.
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The complaint filed in a New Jersey district court claimed Cha and his conspirators defrauded the workout-gear maker of “hundreds of thousands of dollars” in a botched scheme originally intended to establish Anclyo USA in New York City as a corporation that Anyclo International “wholly owned.”
Instead, according to the Asian garment manufacturer, Cha et al. misappropriated funds intended to lease office space and otherwise get the new business up and running. They also allegedly refused to remit to Anyclo International merchandise payments received from client Jacques Moret—which owns and licenses brands including Disney, Nautica and Jockey. Then they stopped communicating altogether before Anyclo International president Dong Geun Song flew in from Seoul and eventually, “under extreme pressure and undue...
In a video, the Mayor of Rotherham says in Arabic that Britain can only be great again by implementing Sharia law, and demands the expulsion of all non-Muslims, including British citizens. False. C...