LOS ANGELES, California — A customs broker from Corona has admitted to defrauding clients of over $5 million and evading more than $1 million in taxes. Frank Seung Noah, 64, pleaded guilty to one count of tax evasion and two counts of wire fraud.
Noah owned Comis International Inc., a logistics company in Cerritos, which provided customs import brokerage services. From 2007 to 2019, he defrauded Daiso, a Japan-based store, by submitting false customs duty forms, resulting in overpayments of nearly $3.4 million, according to a press release from the United States Attorney’s Office. Even after being indicted in 2022, Noah continued to defraud other clients of more than $2 million by pocketing funds meant for customs duties.
Noah also evaded federal taxes, causing a loss of approximately $2.4 million to the IRS. Despite agreeing in 2014 that he owed over $1 million in taxes, Noah avoided payment by using various schemes, including purchasing homes in his former girlfriend’s name and lying to IRS agents…