Current:Home > InvestAuthorities in New York say they’ve made largest-ever seizure of knock-off goods - more than $1B -Wealthify
Authorities in New York say they’ve made largest-ever seizure of knock-off goods - more than $1B
View
Date:2025-04-14 18:44:56
NEW YORK (AP) — Federal authorities in on Wednesday announced the largest-ever seizure of counterfeit goods, consisting of handbags, shoes and other luxury merchandise valued at more than $1 billion.
Two people were charged with trafficking the knock-offs from a New York City storage unit and other locations from January through October, the U.S. Attorney’s office said.
Photographs released by prosecutors showed shelves stacked with counterfeit wallets and bags in one location and handbags hanging from hooks from floor to ceiling in another.
“The seizures announced today consist of merchandise with over a billion dollars in estimated retail value, the largest-ever seizure of counterfeit goods in U.S. history,” U.S. Attorney Damian Williams said.
The two men charged could face up to 10 years in prison if convicted.
veryGood! (985)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Cavan Sullivan becomes youngest in US major sports to make pro debut
- California first state to get federal funds for hydrogen energy hub to help replace fossil fuels
- Family of pregnant Georgia teen find daughter's body by tracking her phone
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Rep. Adam Schiff says Biden should drop out, citing serious concerns about ability to beat Trump
- Hawaii’s latest effort to recruit teachers: Put prospective educators in classrooms sooner
- John Deere drops diversity initiatives, pledges to no longer join 'social or cultural awareness parades'
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Lucas Turner: What is cryptocurrency
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- 6 people found dead in Bangkok Grand Hyatt hotel show signs of cyanide poisoning, hospital says
- Thailand officials say poisoning possible as 6 found dead in Bangkok hotel, including Vietnamese Americans
- Donald Trump will accept Republican nomination again days after surviving an assassination attempt
- Don't let hackers fool you with a 'scam
- Donald Trump’s Family: A Guide to the Former President’s Kids and Grandkids
- Would putting a limit on extreme wealth solve power imbalances? | The Excerpt
- Triple decapitation: Man accused of killing parents, family dog in California
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Biden tests positive for COVID
Which Las Vegas Hotel Fits Your Vibe? We've Got You Covered for Every Kind of Trip
Caitlin Clark, Sabrina Ionescu not in WNBA All-Star 3-point contest
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Family of pregnant Georgia teen find daughter's body by tracking her phone
Shop the Best Nordstrom Anniversary 2024 Deals Under $100, Including Beauty, Fashion, Home & More
Pedro Hill: The relationship between the stock market and casinos