Gibson Fined

Guitar maker Gibson has agreed to pay a hefty fine of US$300,000 for illegally importing exotic wood from India and Madagascar.

Gibson will also make a "community service payment" of US$50,000 to the US National Fish and Wildlife Foundation.




The settlement frees Gibson from the criminal charges as long as the company doesn’t violate the agreement over the next one and a half year.



Now back to making the best guitars in the world.