Popular online shop, Kimstore, has been raid by the Bureau of Customs in the Philippines today. The authorities have raided millions of pesos worth of gadgets in a warehouse building in Lakandula Street, Tondo, Manila.
The Bureau of Customs received intelligence reports that Kimstore sells quality electronic devices coming from abroad. Very low prices of the latest smartphones and other gadgets have brought suspicions on the legality of their transactions. The raid collected high-end smartphones like iPhone 7 and Samsung Galaxy S7 and Samsung Galaxy S7 Edge. Along with these flagship phones are other expensive gadgets such as Canon DSLR cameras, tablets, security gadgets, accessories, and music players.
Kimstore has a wide network considering its 1.5 million followers in Facebook. It’s last post about a “system upgrade” was deleted. Here is a screenshot below.
There are many people who have pending orders by the store. Since there is a raid going on, it appears that the delay for the ordered gadgets to be delivered will take forever.
Kimstore is unreachable as of the moment. Any message sent to their page will be replied with a computer-generated message that they are doing an upgrade.
According to Customs Intelligence and Investigation Service (CIIS) director Neil L. Estrella, cases for illegal business of high-end electronic devices are not common. Smuggling is done through misdeclaration schemes in order for businesses to avoid paying the properly the required tax to the government.
Kimstore is owned by Kim Frances Yao Lato, a Filipino-Chinese entrepreneur in Binondo, Manila. The Bureau of Customs continues their investigations to verify the real owner of the online shop.
Credits to Bureau of Customs and Rappler