Day: July 16, 2026

Trade fraud hit the headlines on Tuesday, July 14, when a joint press conference headed by the U.S. Department of Justice was held in the Chicago suburb of Bensenville, Illinois, announcing that the federal Trade Fraud Task Force has reached $1 billion in fines, penalties, judgments and additional tariff collections in the year since the task force was established – and it was a Chicago case that put them over the top.