Current:Home > InvestAuthorities in New York say they’ve made largest-ever seizure of knock-off goods - more than $1B -Global Finance Compass
Authorities in New York say they’ve made largest-ever seizure of knock-off goods - more than $1B
View
Date:2025-04-18 11:31:08
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! (3)
Related
- The Super Bowl could end in a 'three
- Russian fighter jet damages US Reaper drone with flare over Syria: Officials
- Rolling the dice on race in Dungeons & Dragons
- No lie: Natasha Lyonne is unforgettable in 'Poker Face'
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- In 'Ant-Man and the Wasp: Quantumania,' the setting is subatomic — as are the stakes
- Look out, Nets rivals! Octogenarian Mr. Whammy is coming for you
- 'The Daily Show' guest hosts (so far): Why Leslie Jones soared and D.L. Hughley sank
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Salman Rushdie's 'Victory City' is a triumph, independent of the Chautauqua attack
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Poetry finally has its own Grammy category – mostly thanks to J. Ivy, nominee
- Middle age 'is a force you cannot fight,' warns 'Fleishman Is in Trouble' author
- 'The Coldest Case' is Serial's latest podcast on murder and memory
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- What's making us happy: A guide to your weekend reading, listening and viewing
- 'Oscar Wars' spotlights bias, blind spots and backstage battles in the Academy
- A full guide to the sexual misconduct allegations against YouTuber Andrew Callaghan
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
2022 Books We Love: Nonfiction
Billy Porter on the thin line between fashion and pain
Marilyn Monroe was more than just 'Blonde'
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Michelle Yeoh's moment is long overdue
Look out, Nets rivals! Octogenarian Mr. Whammy is coming for you
A project collects the names of those held at Japanese internment camps during WWII