22 PEOPLE BUSTED IN A $450 MILLION DESIGNERS COUNTERFEIT RING IN NE YORK AND NEW JERSEY

One the largest counterfeit goods takedown sees 22 people arrested in New York and New Jersey. Authorities estimated the bust is worth a swollen $450 million. 
The counterfeit goods include fake brands such as Louis Vuitton, Tory Burch, Michael Kors, Hermes, and Chanel.

Brian Benczkowski, Assistant Attorney General said: 

"The defendants allegedly smuggled millions of dollars of counterfeit luxury goods into our country, depriving companies of their valuable and hard-earned intellectual property."

"The illegal smuggling of counterfeit goods poses a real threat to honest businesses, and I commend our federal prosecutors and partners at HSI and the NYPD for their outstanding work on this important investigation. The Department of Justice is committed to holding accountable those who seek to exploit our borders by smuggling counterfeit goods for sale on the black market."

All arrested suspects are looking at charges ranging between conspiracy to traffic and trafficking in counterfeit goods, conspiracy to smuggle and smuggling counterfeit goods, money laundering conspiracy, immigration fraud and unlawful procurement of naturalization.

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