$5.8 Million Fake Rolex Haul Busted at Port of Cincinnati - Cincinnati CityBeat

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U.S. Customs and Border Protection officers seized 85 counterfeit Rolex Watches that displayed the brand's protected trademark last week.

U.S. Customs and Border Protection officers seized 85 counterfeit Rolex Watches that displayed the brand's protected trademark last week.Photo: cbp.govFake Rolex watches have a growing market in Cincinnati as a connection point — apparently one worth at least $5.8 million.

U.S. Customs and Border Protection officers recently seized a haul of counterfeit Rolex watches coming through the Port of Cincinnati, re-designated in 2015 as the Ports of Cincinnati and Northern Kentucky.

The 85 watches in last week's bust displayed the protected Rolex trademark.

In a Feb. 2 statement, CBP says that the watches originated in Hong Kong, were transported via a freight forwarder in Saudi Arabia and were headed to an apartment in New York City.

The declared value of the counterfeit watches was $402, but had they been actual Rolexes, the haul would have been worth $5,844,500, CBP says.

“Consumers should be aware that if a known high-value brand is being offered for an unusually low price, it could very well be fake. CBP encourages the use of reputable vendors for your valuable purchases,” Cincinnati Port Director Richard Gillespie says in the statement. “Our officers are dedicated to preventing counterfeiters from defrauding consumers and legitimate businesses.”

The Link Lonk


February 03, 2021 at 10:41PM
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$5.8 Million Fake Rolex Haul Busted at Port of Cincinnati - Cincinnati CityBeat

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