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Gibson to pay $350K in illegal wood case - Local News - Nashville, TN - NBCNews.com
The U.S. Department of Justice announced Monday that Gibson Guitar will be fined $350,000 for importing illegal wood from overseas.
In 2009, the Nashville-based company was raided by the FBI on allegations that they illegally purchased and imported ebony wood from Madagascar and rosewood and ebony from India, violating the Lacy Act.
Under an agreement with federal authorities, Gibson will pay a $300,000 penalty and also a community service payment of $50,000 to the National Fish and Wildlife Foundation to be used to "promote the conservation, identification and propagation of protected tree species used in the musical instrument industry and the forests where those species are found."
The U.S. Department of Justice announced Monday that Gibson Guitar will be fined $350,000 for importing illegal wood from overseas.
In 2009, the Nashville-based company was raided by the FBI on allegations that they illegally purchased and imported ebony wood from Madagascar and rosewood and ebony from India, violating the Lacy Act.
Under an agreement with federal authorities, Gibson will pay a $300,000 penalty and also a community service payment of $50,000 to the National Fish and Wildlife Foundation to be used to "promote the conservation, identification and propagation of protected tree species used in the musical instrument industry and the forests where those species are found."
