A single parcel not worth USD 22.59 million
Over 90% of all US Customs and Border Protection (CBP) counterfeit seizures occur in the international mail and express consignment environments, and last Thursday, 2 June 2022, was no exception. CBP officers in Louisville seized 584 counterfeit designer watches that arrived in one shipment.
The watches would have been worth USD 22.59 million if they had been genuine. The 584 counterfeit watches bore two trademarked logos: Rolex and Cartier. The shipment had arrived from an individual in Hong Kong and was destined for a resident in Jamaica, New York.
E-commerce sales have contributed to large volumes of low-value, small packages being imported into USA. During the last four fiscal years, seized counterfeit watches have been worth the most according to their MSRP. Last year, that total was USD 1.18 billion. (cj)