New York authorities make largest-ever seizure of knock-off goods, worth more than $1B
S E E D E D C O N T E N T
Federal authorities in New York announced on Wednesday the largest-ever seizure of counterfeit goods, consisting of handbags, shoes and other luxury merchandise valued at more than $1 billion.
Two people were charged with trafficking the knock-offs from a New York City storage unit and other locations from January through October, the U.S. Attorney’s Office said.
Photographs released by prosecutors showed shelves stacked with counterfeit wallets and bags in one location and handbags hanging from hooks from floor to ceiling in another.
"The seizures announced today consist of merchandise with over a billion dollars in estimated retail value, the largest-ever seizure of counterfeit goods in U.S. history," U.S. Attorney Damian Williams said.
The two men charged could face up to 10 years in prison if convicted.
The Associated Press
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Damn, where am I going to get Rolex watches for me and my sons in law and Louis Vuitton’s handbags for my wife and daughters? Couldn't the feds have waited until after Christmas?