On 1/28/21, federal officials from the U.S. Customs and Border Protection (CBP) seized 85 counterfeit high-end watches. The watches came from a plastic goods company in Honk Kong. They went through a shipping firm in Saudi Arabia and they were supposed to be shipped to an apartment in New York City. The declared value of the watches was $402. If the watches would have been authentic the Manufacturer’s Suggested Retail Price would have been $5,844,500. In a press release CBP noted that counterfeit commodities fund smugglers and members of organized crime. Click here to read more about the CBP’s press release.

Learn More About Jewelers Security Alliance

JSA fulfills its mission of informing and alerting jewelers about crime through frequent E-Mail Crime Alerts and print publications, a website, seminars and consulting activities.

Learn More about JSA