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Home Anti-Smuggling

US customs officials seize counterfeit watches of $1.2m

byMonitoring ReportandSaleem Jadon
31/08/2013
in Anti-Smuggling, Latest News
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LOS ANGELES: US Customs and Border Protection (CBP) officers seized $1.2 million in counterfeit Rolex, Louis Vuitton, Cartier, and Omega watches at Los Angeles International Airport.

The 215 pieces, which had arrived from China via air cargo, would be worth $1.25 million if sold as genuine at suggested retail prices, the CBP said. The CBP officers discovered the counterfeit merchandise after inspecting the shipment manifested as “watches,” with a declared value of $173 and weighing 68 pounds.

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Approximately $1.26 billion worth of counterfeit goods originating overseas was seized by CBP in 2012. Watches and jewellery represented 8 per cent of those seizures.

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