US agents seize 1,000+ bogus luxury watches in shipment from Dominican Republic
SAN JUAN, Puerto Rico.- U.S. Customs and Border Protection (CBP) San Juan Field Operations announced Tuesday the seizure of about one thousand counterfeit designer and luxury watches in a commercial shipment coming from the Dominican Republic. The estimated manufacturer suggested retail price (MSRP) of the seized products is approximately $420, 583, had the goods been genuine.
“Fake watches do not have the quality of the genuine product,” indicated Leida Colon, Assistant Director of Field Operations for Trade. “These watches are made with substandard materials that do not withstand the toils of daily use.”
The majority of the counterfeits seized by the San Juan Field Office are illegitimate goods in the jewelry, footwear, clothing and prescription drugs product categories. The source countries for most of these items are Hong Kong and China.
The sale of counterfeit goods robs legitimate businesses of revenue, robs American workers of jobs, and poses health and safety threats to U.S. consumers. Often, the proceeds from counterfeit merchandise sales support nefarious or illicit businesses and activities.
Related Posts
Turkey ranks behind China in production of counterfeit goods
Turkey ranks behind China for its production and market of counterfeit goods, the...
Exploiting your supply chain: confessions of a counterfeiter
Lessons learned from someone who exploits the “not-so-best” practices of the...
NHRC seeks report from health director on death due to ‘fake’ brain shunt
The National Human Rights Commission had sought an action-taken report from the...
Tk 2.50 crore smuggled goods seized.
Border Guard Bangladesh (BGB) seized smuggled Indian items worth around Tk 2.50...