22 People Busted In A $450M Luxury Counterfeit Ring In New York City

I know some of us have been to NYC and seen these items on the side walks right! I know some of y'all have been buying them too lol

22 people have been arrested in connection to a $450M counterfeit ring that sold fake LouisVuitton, ToryBurch, Michael Kors, Hermes, Gucci, Supreme and Chanel items!

The Assistant Attorney General Brian Benczkowski said:

“The defendants allegedly smuggled millions of dollars of counterfeit luxury goods into our country, depriving companies of their valuable and hard-earned intellectual property.” He also added: “The illegal smuggling of counterfeit goods poses a real threat to honest businesses, and I commend our federal prosecutors and partners at HSI and the NYPD for their outstanding work on this important investigation. The Department of Justice is committed to holding accountable those who seek to exploit our borders by smuggling counterfeit goods for sale on the black market.”

Right now, all suspected smugglers are looking at charges that range between conspiracy to traffic and trafficking in counterfeit goods, conspiracy to smuggle and smuggling counterfeit goods, money laundering conspiracy, immigration fraud and unlawful procurement of naturalization.

Source: https://pix11.com/2018/08/16/22-charged-in-half-a-billion-dollar-smuggling-bust-in-nyc-officials-say/