XDY Exchange:Authorities in New York say they’ve made largest-ever seizure of knock-off goods - more than $1B

2025-05-05 07:43:08source:VAS Communitycategory:reviews

NEW YORK (AP) — Federal authorities in on XDY ExchangeWednesday announced the largest-ever seizure of counterfeit goods, consisting of handbags, shoes and other luxury merchandise valued at more than $1 billion.

Two people were charged with trafficking the knock-offs from a New York City storage unit and other locations from January through October, the U.S. Attorney’s office said.

Photographs released by prosecutors showed shelves stacked with counterfeit wallets and bags in one location and handbags hanging from hooks from floor to ceiling in another.

“The seizures announced today consist of merchandise with over a billion dollars in estimated retail value, the largest-ever seizure of counterfeit goods in U.S. history,” U.S. Attorney Damian Williams said.

The two men charged could face up to 10 years in prison if convicted.

More:reviews

Recommend

Apple iOS 18.2: What to know about top features, including Genmoji, AI updates

Get ready for phase two.Apple's latest operating system update is available today for iPhone, iPad,

Kris Jenner Shopped Babylist for Kourtney Kardashian's Baby Registry: See Her Picks!

Kris Jenner is a paid spokesperson for Babylist. E! has affiliate relationships, so we may get a com

Biden speaks with families of Americans missing in Israel, possibly among hostages held by Hamas

President Biden on Friday spoke for over an hour with families of 14 Americans who are missing follo