Long Island-based tech firm Aventura Technologies admitted to falsely labeling Chinese-made security equipment as American-made and selling them to U.S. government, military branches, and international clients.

Long Island-based tech firm Aventura Technologies admitted to falsely claiming Chinese-made security equipment as American-made and selling them to the U.S. government, military branches, and international clients. The company pleaded guilty to mail and wire fraud conspiracy and illegal importation, dissolving and forfeiting over $3m in seized assets, including headquarters and a 70-foot yacht. The fraudulent scheme generated over $88m in sales revenue from 2006 to 2019.