Wednesday, December 05, 2007

Haute Off The Presses: Counterfeit Ring Goes Bust

WWD reports that 10 suspects were charged today in a $200 million counterfeit smuggling case - one of the largest fakery busts ever, according to federal prosectutors.

Snagged in Jersey at the Port Newark-Elizabeth Marine Terminal from China (really? China? You don't say!), more than 100 shipping containers filled with faux jeans, sneakers and handbags by Nike, Chanel, Burberry, Polo Ralph Lauren and Baby Phat were seized. But here is where it really gets shady readers: Where is the Louis Vuitton merch? $200 mil worth of fakes and nary a brown logo in sight?

Something sounds fishy and we're not talking about Port Newark!