The billionaire Tzaneros family’s logistics empire has been in debt to tax authorities for the past eight years, according to the administrator, who has questioned nearly $200 million in payments made before the companies collapsed and suggested that assets have been overstated.
ACFS Port Logistics, which moved stock from ports for major retailers, collapsed in August, along with two other companies connected to the Tzaneros family known as TZI 1 and ACFS Investments 1.
Loading…