British American Tobacco to pay $635 million fine for selling smokes to N. Korea

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Here’s one way to burn through money.

British American Tobacco has reached a settlement with the U.S. government to pay over $635 million in fines for selling cigarettes in North Korea, using secret intermediaries to sidestep sanctions, the company and U.S. authorities said.

As part of the agreement, the London-based company — which is one…

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