A massive counterfeit jewelry bust in Kentucky is shining a light on the growing global fake goods market and the risks it poses to consumers.
U.S. Customs and Border Protection officers seized 1,588 pieces of fake luxury jewelry at a Louisville shipping facility on April 3. Had the items been real, officials said they would have been worth more than $9.2 million. The shipment, sent from Hong Kong to a New York residence, was packed with knockoffs designed to mimic some of the world’s most recognizable brands. Investigators quickly flagged the shipments as suspicious. After further review with trade experts and brand representatives, every item was confirmed to be counterfeit and seized.
The bust is part of a larger effort to crack down on fake goods entering the country. Experts estimate Americans spend more than $100 billion a year on counterfeit products, often without realizing it.
Officials are asking anyone with information about counterfeit goods entering the U.S. to report it anonymously online.
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