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US Customs Seized 460 Counterfeit Rolex Watches Worth $10.1 Million

by admin
May 17, 2022
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  • In April, US Customs seized 460 faux Rolexes that have been heading for a Brooklyn tackle.
  • Final 12 months, US Customs seized 27,107 shipments of pirated items valuing over $3.3 billion.
  • The vast majority of these shipments come from China, the world’s largest producer of pretend items.
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In April, US Customs and Border Safety (CBP) in Indianapolis seized 460 faux Rolex watches that had been imported from Hong Kong.

The cargo was addressed to a residence in Brooklyn, in accordance with an announcement launched by CBP on Might 2. The Rolex watches would have been price $10.1 million had they been actual. Officers picked out the cargo as they acknowledged the main points of the sender, who has a historical past of fraudulent exercise, CBP mentioned.

CBP mentioned it’s going to hand over investigations to Homeland Safety and inform authorities within the sender’s nation of the seizure. Steven Bansbach, a spokesperson for US Customs and Border Safety Public Affairs, instructed Insider it is troublesome to trace and prosecute counterfeiters even when they have been recognized.

The CBP commonly seizes counterfeit luxurious items. In 2021, it confiscated 27,107 shipments of pirated items that will have been price greater than $3.3 billion if the merchandise have been real, Bansbach mentioned. The overall quantity of counterfeit items seized yearly rose by 152% in 2021.

Rolex watches

In 2021, watches and jewellery have been the highest merchandise seized primarily based on worth in US.

Bob Henry/UCG/Common Pictures Group by way of Getty Pictures


Watches and jewellery have been the highest merchandise seized primarily based on the worth in 2021, amounting to $1.18 billion, Bansbach mentioned. Purses and wallets got here in second, with the estimated worth of confiscated shipments exceeding $972 million. The vast majority of these shipments come from China, the world’s largest producer of pretend items.

The rise of ecommerce has made it more and more troublesome to clamp down on counterfeit buying and selling, since retailers don’t face a strict vetting course of when establishing an internet retailer.

To scrub up its repute as a producer of high-grade counterfeit merchandise, China handed a legislation in 2019 that makes ecommerce operators liable if retailers promote copycat items on their platforms, and face fines of as much as 2 million yuan (US$290,000) if they don’t take away disreputable retailers when notified by authorities. 

Luxury bags in China

China is the world’s largest producer of pretend items.

WANG ZHAO/AFP by way of Getty Pictures


Nevertheless, the elevated scrutiny on counterfeit manufacturing in China has not deterred copycat producers.

“Generally higher high quality elements are present in copies than in originals, when manufacturers provide themselves in China,” Thierry Dubois, CEO of Selective Trademark Union, instructed Europa Star in January 2020. Selective Trademark Union is a company that protects the pursuits of luxurious manufacturers and cooperates with native authorities in subject investigations to flag counterfeit merchandise.

In consequence, youthful generations in China purchase the most recent editions from shops to keep away from unintentionally buying fakes, Nicole Li, a China-based marketer for a luxurious model, instructed Insider. “We are likely to comply with particular manufacturers too, and it is easy for us to determine if it is a faux,” Li mentioned.

China additionally gives masterclasses the place college students learn to detect faux luxurious merchandise. Within the case of Chanel, the liner of their black purses have to be pink, and two alphabets within the model’s authenticity playing cards will mild up below a particular ultraviolet mild. Sure letters within the Chanel brand additionally use a rectangle font as a substitute of a sq. font, per the South China Morning Put up.



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