Four Held for Their Alleged Involvement in Smuggling Luxurious Watches: Customs
New Delhi, Sep 27 (PTI) Four people have been arrested by the customs officials for their alleged involvement in smuggling luxurious watches worth nearly Rs 3 crore, according to an official statement issued on Sunday.
“Delhi airport customs on the basis of suspicion intercepted two Indian passengers on 24.09.20 coming from Dubai via flight UK 224 having four (04) high-end luxurious watches valued at Rs 51.55 lakh, with an intention to smuggle them,” it said.
The passengers admitted smuggling luxurious watches valued at Rs 1.4 crore during their previous visits also, the statement said.
Further, on the basis of information provided by the passengers, a search was conducted at the registered place of business of a company dealing in luxurious foreign branded watches and 29 unaccounted watches of Chopard brand valued at Rs 2.3 crore were seized, it said.
The two directors of the company in their respective statements accepted of having purchased smuggled watches valued at Rs 2.5 crore (approx) in cash from the said two passengers in the past also, the statement said.
Related Posts
MPAA Reveals ‘World’s Most Notorious’ DVD Piracy Markets
Home entertainment may be going digital, but illegal counterfeiting of DVD movies...
Fake university uses Apple Store pics to lure unsuspecting students
Move over Xiaomi! While it’s easy to claim that China’s biggest smartphone...
How eBay, Amazon and Alibaba Fuel the World’s Top Illegal Industry — the Counterfeit Products Market
Over the last year, Craig Crosby has bought more than 250 items on eBay. The...
P500M worth of smuggled goods seized in Tondo raid
MANILA, Philippines—Police seized about P500 million worth of smuggled goods in a...