Noble Jewelry Pays $3.85M For Dodging Import Duties

Law360, New York (August 31, 2011, 3:31 PM EDT) -- A New York jeweler with extensive ties to Hong Kong agreed Monday to pay $3.85 million for understating the value of imported jewelry to U.S. customs officials, ending a False Claims Act whistleblower suit launched by an ex-employee.

As a result of the deal, approved by U.S. District Judge John G. Koetl, qui tam plaintiff Kenneth Karlin, a manager who worked for a unit of defendant Noble Jewelry Ltd. in 2006 and 2007, will receive $727,000 once the settlement money is paid.

Noble Jewelry and its...
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