Crime

Customs Seizes Nearly $3M in Counterfeit Jewelry, Watches

CrimeMar 05, 2021

Customs Seizes Nearly $3M in Counterfeit Jewelry, Watches

Officers in Cincinnati seized two shipments of counterfeit jewelry and watches, said to be from brands like Tiffany & Co. and Rolex.

A counterfeit Panerai watch was among the items seized by U.S. Customs and Border Protection officers in Cincinnati last month. (Image courtesy of U.S. Customs and Border Protection)

Cincinnati—U.S. Customs and Border Protection officers in Cincinnati seized two shipments of counterfeit jewelry and watches in early February.

The first shipment came from Quezon City, Philippines, and was on its way to a private residence in Aurora, Illinois.

Though the package had a declared value of $50, it held 237 items, including watches and jewelry said to be from Hermès, Chanel, Cartier, Gucci, Tiffany & Co., Louis Vuitton, Van Cleef & Arpels, Bulgari, and Rolex.

If these pieces had been genuine, they would retail for $783,495, as per the CBP press release on the seizures.

The second shipment came from China and was on its way to an individual in New York City.

This package contained 87 counterfeit Rolex, Cartier, Audemars Piguet, and Panerai watches, said to be worth nearly $2.2 million had the items been genuine.

Cincinnati Port Director Richard Gillespie noted the CBP’s role in protecting intellectual property, and by extension, the economy and consumer safety and health.

“No one buys a luxury brand watch or piece of jewelry expecting it to fail or fall apart,” Gillespie said in a press release.

“As consumers increasingly purchase from online or third-party vendors, our officers are at the frontline to guard against defrauders expecting to make money selling fake merchandise.”

In December, Cincinnati CBP officers seized two shipments of counterfeit jewelry and watches said to be worth nearly $10 million.

A CBP spokesperson told National Jeweler there hasn’t been an uptick in the number of counterfeit watch and jewelry seizures, noting that officers regularly encounter these types of shipments.

Lenore Fedowis the associate editor, news at National Jeweler, covering the retail beat and the business side of jewelry.

The Latest

WatchesApr 22, 2021
Check Out All Patek Philippe’s 2021 Newness

The watchmaker showed what’s new in Nautilus, revamped Calatrava models, and a brand-new perpetual calendar.

Policies & IssuesApr 22, 2021
US Government Sanctions Burmese State-Owned Pearl Co.

Myanmar Pearl Enterprise handles oyster fishing and breeding, as well as the culturing, harvesting, and selling of pearls.

MajorsApr 22, 2021
Tiffany Signs K-Pop Star Rosé as New Ambassador

Blackpink member Rosé will be the face of the 2021 Tiffany HardWear campaign.

Brought to you by
A New Golden Age

Gold has had its share of ups and downs over the last 5 decades. Here’s why the metal is having another big comeback.

Events & AwardsApr 22, 2021
BIJC, Ben Bridge Introduce a New Scholarship

Named for the late Lonia Tate, the scholarship is for the Graduate Gemology program at GIA, with an internship at the jeweler to follow.

Weekly QuizApr 16, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of April 12-16, 2021.
Take the Quiz
Events & AwardsApr 22, 2021
IEG Pushes Oroarezzo Italian Jewelry Trade Show to 2022

It was originally slated for June 12-15 at the Expo Centre in Arezzo, Italy.

SourcingApr 21, 2021
Why Inclusivity Is Important in Diamond Traceability

As the importance of mine-to-market grows, some worry about its feasibility for all the diamond industry’s players.

Brought to you by
4 Reasons You Need This Program for Mother’s Day

Learn how to increase customer loyalty and revenue by making JM™ Care Plan a cornerstone of your business plan.

CollectionsApr 21, 2021
Alrosa’s ‘Luminous’ Collection Leans Into Fluorescence

The diamond miner and seller is marketing the stones for their glow.

×