Moti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.
Customs Agents in Kentucky Seize $90M in Counterfeit Jewelry
Included in the bust were 3,200 fake Cartier bracelets law enforcement officials traced to a North Carolina church pastor.

Louisville, Ky.—Since mid-July, U.S. Customs and Border Protection officers at the Express Consignment Operations hub in Louisville, Kentucky have seized counterfeit jewelry that would be worth $90 million if genuine.
According to a CBP statement Wednesday, officers seized three large shipments of counterfeit bracelets in July—in a picture provided by the CBP one of the seizures, the items look to be copies of Cartier’s iconic Love bracelet—totaling more than $42 million.
The goods were traced to a North Carolina church pastor, JianGang “Frank” Lan, who was found to have more than 3,200 fake Cartier bracelets.
North Carolina Secretary of State Elaine Marshall charged Lan with felony criminal use of a counterfeit trademark on Aug. 2, said CBP. He was being held under $25,000 bond in the Orange County Jail as of Wednesday.
“When purchasing items from a vendor over the internet if it seems like too good of a deal, it is,” Thomas Mahn Jr., Louisville port director, said in a statement. “A Cartier bracelet listed online for $25 is definitely not authentic.”
The next large find came in September, when officers seized five shipments of counterfeit jewelry, which would be worth more than $48 million if they were genuine, according to the agency.
Mahn noted that counterfeit jewelry is often forged with lead and other hazardous materials.
“These seizures protect the rights of the intellectual property rights holder, health and safety of Americans, and the reputation of online marketplaces involved in these transactions,” he said.
CBP’s Intellectual Property Rights enforcement program combats the importation of counterfeit merchandise, which the agency said is behind significant revenue loss, damage to the U.S. economy, and a threat to the public’s health and safety.
The agency said its officers seized $3.7 million in counterfeit goods per day in 2018.
CBP advised anyone with information regarding suspected fraud or illegal trade activity to contact the agency via the e-Allegations Online Trade Violation Reporting System or by calling 1-800-BE-ALERT.
IPR violations can be reported to the National Intellectual Property Rights Coordination Center via its website or by calling 1-866-IPR-2060.
The Latest

Lichtenberg partnered with luxury platform Mytheresa on two designs honoring the connection between mothers and daughters.

The miner announced plans to recommence open-pit mining at Kagem.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Associate Editor Lauren McLemore shares her favorite looks from a night of style inspired by Black dandyism.


Sponsored by Instappraise

CEO Beth Gerstein discussed the company’s bridal bestsellers, the potential impact of tariffs, and the rising price of gold.

Supplier Spotlight Sponsored by GIA

The brand’s first independent location outside of Australia has opened in Beverly Hills, California.

Cathy Marsh will lead the jewelry company’s efforts in the upper Midwest and western United States.

The company has multiple strategies for dealing with tariffs, though its CEO said moving manufacturing to the U.S. is not one of them.

Connecting with your customers throughout the year is key to a successful holiday marketing push.

Its commercial-quality emerald sale held last month totaled more than $16 million, up from about $11 million in September 2024.

National Jeweler Editor-in-Chief Michelle Graff joined Michael Burpoe to talk tariffs, consumer confidence, and the sky-high price of gold.

Designer Lauren Harwell Godfrey made the piece as an homage to the 2025 gala’s theme, “Superfine: Tailoring Black Style.”

Expanded this year to include suppliers, JA’s 2025 list honors 40 up-and-coming professionals in the jewelry industry.

Located in Fort Smith, it’s the Mid-South jeweler’s first store in Northwest Arkansas.

The episode about the family-owned jeweler will premiere May 17.

The Houston-based jeweler’s new 11,000-square-foot showroom will include a Rolex boutique.

The turquoise and diamond tiara hasn’t been on the market since it was purchased by Lord Astor in 1930.

“The Duke Diamond” is the largest diamond registered at the Arkansas park so far this year.

The childhood craft of making dried pasta necklaces for Mother’s Day is all grown up as the 14-karat gold “Forever Macaroni” necklace.

Set with May’s birthstone and featuring an earthworm, this ring is a perfect celebration of spring.

“Bridal 2025–2026” includes popular styles and a dedicated section for quick pricing references of lab-grown diamond bridal jewelry.

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

Located in Miami’s Design District, the 4,000-square-foot store is an homage to David and Sybil Yurman’s artistic roots.

May babies are lucky indeed, born in a month awash with fresh colors and celebrated with one of the most coveted colored gemstones.