Connect with us

Headlines

$5.5M+ in Counterfeit Watches and Jewelry Seized in Kentucky

The shipments originated from Hong Kong.

mm

Published

on

Counterfeit watches and jewelry were seized in Louisville, KY.
Counterfeit watches and jewelry were seized in Louisville, KY.

LOUISVILLE, KY — U.S. Customs and Border Protection officers in Louisville intercepted three shipments  containing counterfeit jewelry and watches worth over $5.59 million.

On July 30, the first two packages were seized. One shipment contained 580 counterfeit pieces of David Yurman Jewelry, according to a press release from the agency. If these were real, this jewelry would have had a manufactured suggested retail price of $365,400. The second shipment contained 2,411 various counterfeit designer watches. If these were real, the MSRP would have been over $4.46 million.

The final shipment arrived on July 31. When officers inspected the parcel, they discovered 10 counterfeit Rolex watches. Had these items been genuine, they would have had a MSRP of $756,500.

All these shipments originated from Hong Kong and were destined for Ontario, CA; Jonesboro, GA; and Worcester, MA, respectively. All items were evaluated and determined to be counterfeit by an import specialist from CBP’s Center of Excellence and Expertise.

“These types of seizures happen every night. Our officers are very well trained and vigilant in stopping these illegal shipments from reaching their destinations,” said LaFonda Sutton-Burke, director, field operations, Chicago Field Office. “Whether it is Intellectual Property Right violations, narcotics, unapproved items or counterfeit products our officers will continue to protect our local communities and our ports of entry.”

Advertisement

SPONSORED VIDEO

Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson

When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy. Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision." The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Advertisement

Most Popular