politics
U.S. Customs Seizes 111 Counterfeit Luxury Items at Cincinnati Port
Officers at the Port of Cincinnati intercepted a Colombia-to-Puerto Rico shipment containing fake Rolex, Cartier and Richard Mille watches plus designer hats and sunglasses valued at more than $19.2 million if authentic.
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U.S. Customs and Border Protection officers at the Port of Cincinnati seized 111 counterfeit luxury items from a shipment that originated in Colombia and was bound for a residence in Puerto Rico. The confiscated goods included 44 Rolex watches, four Richard Mille watches, 10 Cartier timepieces, 20 hats bearing Prada, ALO, Gucci and Coach labels, and 62 pairs of designer-branded sunglasses and glasses.
2 million. The items were turned over to Homeland Security Investigations for further review. Cincinnati Port Director Eric Zizelman said the trade in counterfeit goods and the violation of intellectual property rights threaten both the American economy and national security.
The port sits on the Ohio River and ranks as the second-largest inland port in the United States, handling roughly 48 million tons of cargo each year. 3 billion. Most counterfeit merchandise is sold online, and more than 90 percent of seizures occur in international mail facilities.
New York state and city governments lose an estimated $1 billion annually in tax revenue to the underground counterfeit market. Purchasing counterfeit goods can result in civil or criminal fines, while trafficking penalties can reach $2 million, ten years in prison, or both.
