Fakebusters!

Tens of thousands of fake luxury watches with a street value of $1.5 million have been seized and a major U.S. watch-counterfeiting ring dismantled following raids and federal court actions, including a $4.8 million penalty, all prompted by a Cartier investigation. The watch-counterfeiting ring, involving several companies in New York's Chinatown section, is one of the biggest ever broken in the United States. The penalty, issued April 15, is believed to be the largest contempt-of-court judgment ever levied in a U.S. trademark case. The federal court also was expected to issue a multimillion-dollar damages award to Cartier and associated watch brands affected by the counterfeits by early summer. According to Marc Frisanco, counsel for protection of intellectual property rights for Richemont International, the Swiss luxury group that owns Cartier, the companies involved allegedly were
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out