According to a U.S. Customs and Border Protection (CBP) media release – officers assigned at Los Angeles International Airport (LAX) seized 28 counterfeit NBA rings with a manufacturer’s suggested retail price (MSRP) of $560,000.
According to the media release, the rings were shipped from China and packaged in a wooden box to be sold as a collection of championship rings from multiple teams – including the Cavaliers, Lakers, Bulls, etc.
When CBP suspects items are counterfeit, they will take photos or send samples to the Consumer Products and Mass Merchandising Center of Excellence (CPMM Center) for a final determination regarding the authenticity of the items. If they are determined to be counterfeit, CBP will seize the goods and issue a seizure notice to the importer of record (in this instance, it is a not a formal entry – so the notice would be shipped to the person receiving the goods).
According to WDRB, a local station in Louisville, Kentucky – an investigation funded by a 2-year, $25,000 federal grant from the US Department of Justice resulted in the seizure of more than $1 million worth of counterfeit goods from this past weekend’s WorldFest.
The article did not specify the brands that were seized, but did mention the counterfeit items included purses and sunglasses. Two men, 59-year-old Kassoum Thiam and 52-year-old Saidou Djau were cited for selling counterfeit merchandise at five separate booths.
While this was not a customs seizure, I’m pretty sure the next step for investigators is coordinate with CBP to determine how or where the two men received the merchandise.
If you or anyone you know is facing accusations of importing counterfeit merchandise or have had items seized by Customs for suspicion of being counterfeit – contact experienced seizure attorney David Hsu by phone/text at 832-896-6288 or by email at firstname.lastname@example.org, email@example.com.
In late August, the Chinese government said they would reduce the penalties for the sale and import of unapproved drugs, thereby improving access to cheaper generic pharmaceuticals from other countries. This action was taken to allow greater affordable drugs for chronic diseases increasingly impacting the Chinese population.
The reduction in penalties is set to take effect on December 1st. Current penalties for people selling drugs that are not approved by the National Medical Products Administration could result in a fine and criminal prosecution with jail sentences up to 3 years.
For example, under the new law, cheaper generic drugs made outside of China could be imported and sold in China. One drug cited in the article was the Indian version of the lung-cancer drug Iressa cost $10 a day in 2016, compared with $100 a day for the patented drug in China. He said generic drugs cost, on average, 97 percent less than patented drugs sold in China.
If you want to be sure you are compliance with US FDA regulations, contact experienced compliance attorney David Hsu by phone or text at 832-896-6288 or by email at firstname.lastname@example.org, email@example.com.