Echelon Fitness Multimedia to Pay at Least $2.1M to Settle Federal Allegations It Underpaid Tariffs and Import Fees

Echelon Fitness Multimedia, a Chattanooga-based smart exercise equipment company that has cast itself as a Peloton rival, agreed to pay at least $2.1 million to settle federal allegations it underpaid tariffs and import fees, officials said.

Federal prosecutors accused the company of intentionally submitting inaccurate invoices to customs officials from September 2019 to January 2023, according to a U.S. Attorney’s Office press release.

Read more at Chattanooga Times Free Press