Fishery Execs Must Pay $30M For Illegal Lobster Imports

Law360, New York (June 14, 2013, 9:49 PM EDT) -- Three fishery executives accused of importing illegally harvested rock lobsters from South Africa were hit with a nearly $30 million restitution order Friday, which prosecutors said was the largest-ever restitution amount under the federal law that bars trafficking in protected wildlife, fish and plants.

U.S. District Judge Lewis A. Kaplan ruled that South Africa was entitled to the restitution because of the harm it was caused by the scheme involving father and son Arnold Maurice Bengis and David Bengis and their associate Jeffrey Noll.

But Judge...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.