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Latino Daily News

Tuesday July 10, 2012

$28 Million Worth of Counterfeit Piguet Watches Found at U.S.-Mexico Border

$28 Million Worth of Counterfeit Piguet Watches Found at U.S.-Mexico Border

Photo: $28 M Audemars Piguet Counterfeits at Border

Click Here to Enlarge Photo

The Import Specialist Enforcement Team (ISET) at U.S. Customs and Border Protection’s (CBP) Laredo Port of Entry recently seized a commercial shipment of counterfeit watches and other watches carrying a combined retail value of $28.7 million.

In the enforcement action, a CBP import specialist at World Trade Bridge selected a shipment of watches for an examination. In the course of their examination, CBP officers and import specialists discovered possible infringement of the Louis Arden and Audemars Piguet design trademarks, which are recorded trademarks. CBP subsequently on June 29 seized 10 boxes containing 1,120 watches found to be infringing on the Audemars Piguet design trademark as well as 28 boxes containing 3,080 watches determined to be used to facilitate the importation of the fake watches also were seized.

The combined manufacturer’s suggested retail price, had the Audemars Piguet trademark been genuine, was $28.7 million.

“This is one of the highest valued seizures in terms of MSRP in the history of the Port of Laredo,” said Sidney Aki, CBP port director, Laredo Port of Entry.