$4.3M of fake jewelry seized
The Customs and Border Patrol seized 9,377 pieces of fake jewelry originating from China and destined from Texas.
"Officers inspected the shipment on March 30 and found thousands of jewelry items bearing protected trademarks from Tiffany, Pandora, Cartier, Bvlgari, Dior, Gucci, Chanel, Rolex, Versace, and Tous. Unprotected “generic” jewelry was comingled in the same box with protected jewelry that was undervalued on the invoice. Officers reached out to CBP’s Centers of Excellence and Expertise (CEE), and an import specialist determined the jewelry was counterfeit. Had they been genuine, the items would have been worth more than $4.2 million although the declared value was only $119."
Fake jewelry falls into the category of intellectual property theft, of which jewelry comprises a whopping 15% of all seizures.
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"Intellectual property rights (IPR) protection is a priority trade issue for CBP. In Fiscal Year (FY) 2019, CBP and their partner agency Homeland Security Investigation (HSI) seized 27,599 shipments containing IPR violations with a manufacturer’s suggested retail price (MSRP) of over $1.5 billion had the goods been genuine. Watches and jewelry represent 15 percent of all IPR seizures and continue to top the list of all seized IPR materials."