U.S. Customs and Border Protection (CBP) officers in Cincinnati seized three shipments of phony jewellery and watches well worth just about $7 million very last Friday and Saturday. 

CBP suggests the initially cargo arrived from Hong Kong on Friday and was destined for a personal residence in Richmond, Virginia. The package held 275 assorted Cartier Love Bracelets with a declared price of $319. Had they been authentic, they would have fetched a Manufacturer’s Proposed Retail Price tag (MSRP) of all-around $3.27 million. 

Counterfeit watches seized by CBP.  (CBP)

Later on that night, CBP officers seized a Hong Kong-originated cargo made up of 385 yellow gold Cartier Bracelets and 115 white gold Cartier bracelets. Had they been actual, they would have experienced a whole MSRP of much more than $3 million. 

On Saturday, August 6, CBP officers seized still one more cargo from Hong Kong that contains 13 faux Rolex watches. The objects were being destined for a enterprise in Mesquite, Texas. Had these items been serious, the watches would’ve fetched an MSRP rate of much more than $405,000. 

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"CBP is liable for implementing just about 500 U.S. trade guidelines and restrictions on behalf of 49 other federal businesses. CBP officers engage in a vital role in the Nation’s efforts to retain unsafe counterfeit and pirated merchandise from harming the American community," Richard Gillespie, Port Director of Cincinnati mentioned in a push release.  

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CBP claims the rapid growth of e-commerce has enabled counterfeit and pirated goods to enter the U.S. financial system. The company estimates that American consumers devote much more than $100 billion each and every yr on intellectual property legal rights (IPR) infringing goods, slipping sufferer to around 20% of the counterfeits that are illegally marketed globally.