Jenna Amatulli, The Guardian; Two arrested after US storage facility emptied of $1bn in ‘massive amounts of knock-off designer goods’
"Federal prosecutors arrested two men on Wednesday and seized more than 200,000 counterfeit handbags, clothes and other luxury items worth $1.03bn, making it “the largest-ever seizure of counterfeit goods in US history”...
Ivan Arvelo, special agent in charge of homeland security investigations, praised the findings in a statement, claiming it “underscores the unwavering commitment of HSI New York in the fight against intellectual property theft and serves as a testament to the dedication of our team and partner agencies, who have tirelessly pursued justice, culminating in the largest-ever seizure of this kind”...
Hand added that the counterfeit market is a “significant problem not just for luxury fashion brands and the dilution of their trademarks’ values but also for consumers and society at large as many counterfeit products are produced in oppressive labor environments and without any adherence to ecological production methods (if implemented by brands)”."
