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First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud
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First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud

Bloomberg Markets · May 26, 2026, 1:27 PM · Also reported by 2 other sources

The US government has joined the line of creditors impacted by alleged fraud at bankrupt autoparts maker First Brands, in this instance for accusations the company cheated on how much it should have paid on tariffs.

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