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NYPD SEIZES OVER $10 MILLION WORTH OF “High-End” DESIGNER KNOCKOFFS, ARRESTS 17 ILLEGAL STREET VENDORS IN CANAL STREET BUST

The vendors who were captured face a maximum sentence of 10 years in jail.

The NYPD seized more than $10 million worth of “high end” fake merchandise in a Lower Manhattan bust on Monday, that saw 17 unlawful road merchants captured ahead of the holiday season. The bust lead to a capture of knockoff bags, sneakers and other phony fashioner products on Canal Street, with the facing charges for trademark counterfeiting property of more than $1,000, which is a crime in the state of New York.

According to authorities they held onto more than three loads of product. In spite of the moderately low costs, with counterfeit Rolex watches selling for $75, police say the sheer measure of fake products they seized are estimated to be worth more than $10 million. Maddrey proceeded to say that the division will increase outreach efforts citywide, and will assist vendors with lawfully getting licenses with Monday’s bust filling in as an update that selling fake product stays unlawful. The New York Post reports that Bill Friberg, a “counterfeit specialist” and resigned NYPD sergeant who Seventh Region cops brought the raid, said that a majority of the products seized were from India and China. The vendors who were captured face a maximum sentence of 10 years in jail. – Steve Sijenyi

 

 

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