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U.S. Customs Intercepts Shipment Of Counterfeit Luxury Jewelry Destined For Texas ($2,994,450)

World Trade

Open Eyes Opinion

Counterfeit Luxury Goods

Protecting Intellectual Property Rights

 

 

 

 

 

Consumers in the U.S. can shop with greater confidence knowing U.S. Customs and Border Protection (CBP) is preventing counterfeit merchandise from entering the country.

1,900 pieces of counterfeit jewlery caught in Indianapolis

On May 31, CBP officers conducting express consignment operations in Indianapolis seized over 1,900 pieces of counterfeit Tiffany, Cartier, Bvlgari, Louis Vuitton, Rolex, and Tous jewelry with an estimated manufacturer’s suggested retail price of $2,994,450.00 contained in a shipment from China in route to Texas.

“Protecting intellectual property rights is an important part of the CBP mission and critical to protecting American consumers,” said Chief CBP Officer Timothy Hubbard. “Our CBP officers and import specialists work diligently to protect businesses, consumers and our economy every day by combating the trade of counterfeit and pirated goods through an aggressive Intellectual Property Rights enforcement program. This seizure is fine example of that commitment.”

The enforcement of Intellectual Property Rights is a CBP Priority Trade Issue. Priority Trade Issues represent high-risk areas that can cause significant revenue loss, harm the U.S. economy, or threaten the health and safety of the American people.  They drive the risk-informed investment of CBP resources as well as enforcement and facilitation efforts, including special enforcement operations, outreach, and regulatory initiatives.

{Source: U.S. Customs and Border Protection-Media Relations}

[Photo credits-featured image: By Amitsalla (Own work) [CC BY 3.0 (http://creativecommons.org/licenses/by/3.0)], via Wikimedia Commons- Gold Plated Jewelry]

[Intext photo: inserted by openeyesopinion.com (credits embedded)]

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