Do your bit by not purchasing knockoffs: Watches
It is not a victimless crime to steal someone else's intellectual property: Purchasing counterfeit products supports lawbreakers and potentially supports organised crime indirectly. Customs fights it - see what they did for watches.
Fake Watches
Buying fake watches means you rob legal goods creators of their income and dampen creativity and innovation. You put your loved ones' health and safety in danger, as well as the individuals who work in the manufacturing and retail retailing products that violate intellectual property rights.
Customs agencies are at the forefront of the fight to prevent products that violate intellectual property rights from reaching a market. However, without customer demand, commerce in pirated and counterfeit products would not exist.
362 counterfeit designer watches
U.S. Customs and Border Protection (CBP) officers seized two shipments containing 362 counterfeit designer watches. The items were deemed to be counterfeit by CBP’s Centers of Excellence and Expertise, the agency’s trade experts, and if genuine, would have had a combined Manufacturer’s Suggested Retail Price (MSRP) over $2 million.
Rolex
Both the shipments were arriving from China. When CBP officers examined the shipment to determine the admissibility of the goods, they found 362 watches displaying the logos of Rolex, Michael Kors, Versace, Tommy Hilfiger, Gucci, and Pandora. The items were poorly packaged and constructed, and were missing serial numbers, among other noted inconsistencies from genuine products. CBP officers seized the watches for infringing on the designer’s protected trademarks. The shipment was heading to a residence in Mesquite, Texas, and had the watches been genuine, the MSRP would have been over $2.43 million.
Counterfeit jewelry is often forged with lead and other hazardous materials unbeknownst to the buyer. These seizures protect the rights of the intellectual property rights holder, the health and safety of people, and the reputation of online marketplaces involved in these transactions.
The illicit trafficking of counterfeit goods offers criminals a complementary source of income and a way through which they can launder money. Additionally, monies received from the sale of counterfeit products can be channeled towards the further production of fake goods or other illicit activities. Additionally, counterfeiting is a hugely profitable business, with criminals relying on the continued high demand for cheap goods coupled with low production costs.
About Customs Manager’s Customs & Global Trade Intelligence Services
The Premium Professional Legislative Monitoring Service (PLM) is a research and curation service which checks for legislative updates from official government websites based on the selected jurisdictions and topics. Paid Plan subscribers can access regular law change notifications to ensure they never miss a significant legal change on www.customsmanager.info – a website dedicated to customs & trade intelligence. At the same time, they save valuable time by engaging our dedicated trade specialists to carry the monitoring out for them. Premium subscribers also unlock all content on the Customs Manager’s Ltd. website, including our Customs & Trade Blog on www.customsmanager.info , providing vital thought leadership development services to empower them to trade effectively, efficiently and, of course, compliantly, across borders. Premium Subscribers can add jurisdictions and topics for an additional charge.
About Customs Manager Ltd.
We aim to empower people with import, export and transport responsibilities with helpful advice, insightful training and relevant trade intelligence services. We devote all our passion and energy to helping businesses grow faster cross-border. Working with us means having your own multilingual Customs Manager on standby to help you trade effectively, efficiently and, of course, compliantly wherever you want to go. Includes Brexit support and the ability to lodge customs declarations + Rules of Origin
Stay in Touch
· Website: www.customsmanager.org
· E-Mail: info@customsmanager.org
· YouTube: https://www.youtube.com/c/CustomsManagerLtd
· Twitter: @customsmanager
· Linked In: https://www.linkedin.com/company/69768402/admin/
Important Notice
Customs Manager Ltd. owns the copyright in this document, except for external documents and links we refer to or make available.
You are not allowed to use this information in any way that infringes its intellectual property rights. You may have to hold a valid licence to use this information. A licence can be obtained by becoming a Paid Plan subscriber to the Customs Managers’ Customs & Trade Intelligence service, also known as Professional Legislative Monitoring (PLM). As a Paid Plan subscriber, you may download and print this information which you may then use, copy or reproduce for your internal non-profit-making purposes.
However, you are not permitted to use, copy or reproduce this information to profit or gain.
In addition, you must not sell or distribute this information to third parties, not members of your organisation, whether for monetary payment or otherwise.
This information is intended to serve as general guidance and not constitute legal advice. The application and impact of laws can vary widely based on the specific facts involved. This information should not be used as a substitute for consultation with professional legal or other competent advisers. Before making any decision or taking action, consult a Customs Manager Ltd. professional.
In no circumstances will Customs Manager Ltd be liable for any decision made or action taken in reliance on the information contained within this document or for any consequential, special or similar damages, even if advised of the possibility of such damages.