News

$100-million counterfeit luxury goods ring uncovered

18/01/2008

American Immigration Enforcement and Customs (ICE) agents arrested three people this week in connection with one of the largest ever counterfeit luxury goods operations in the United States.

According to the indictment, between 2002 and 2005 Chong Lam, Siu Yung Chan, and Eric Yuen, and their fellow conspirators, operated a massive international import and wholesale goods business, through which they illegally imported 300,000 counterfeit luxury goods such as handbags and wallets from China in the names of different companies. The value of the corresponding authentic luxury goods manufactured by Burberry, Louis Vuitton, Gucci, Coach, and others is estimated to be over $100 million.

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