Aug. 2nd, 2008

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Tobacco giants to pay up to $1.15B over contraband sales
Canada's two biggest tobacco companies pleaded guilty Thursday to customs charges and agreed to pay as much as $1.15 billion in fines and civil payments in connection with aiding contraband tobacco sales. (...) The companies pleaded guilty to "aiding persons to sell and be in possession of tobacco manufactured in Canada that was not packed and was not stamped in conformity with the Excise Act."

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