Federal authorities and the NYPD have seized thousands of knock-off designer handbags and shoes with a street value of just over $1 billion, making it the largest bust in U.S. history, the U.S. Attorney’s Office for the Southern District of New York announced Wednesday.
The massive raid took place inside a storage facility in Manhattan, New York, where around 219,000 counterfeit bags, clothes, shoes and other luxury products were confiscated.
Authorities said that the total estimated manufacturer’s suggested retail price (MSRP) of the fake goods tops $1.03 billion, although the street value of such counterfeit goods is typically much lower than the MSRP.
HOW TO RECOGNIZE RAMPANT FAKE TECH IN ONLINE MARKETPLACES
Photos released by the U.S. Attorney’s Office show shelves and a floor area jammed full of faux designer bags counterfeiting various brands, while another area is completely brimming with more bags as some clothes hang from pipes.
In another photo, a storage area can be seen full of dozens of unopened boxes on pallets.
“The seizures announced today consist of merchandise with over a billion dollars in estimated retail value, the largest-ever seizure of counterfeit goods in U.S. history,” U.S. Attorney Damian Williams said.
LAPD SEEKS TO REUNITE OVER 50 STOLEN LUXURY PURSES SEIZED IN RAID TO RIGHTFUL OWNERS
Two men, Adama Sow, 38, of Queens, and Abdulai Jalloh, 48, of Manhattan, were arrested in relation to the bust on Wednesday and have been charged with trafficking in counterfeit goods, according to an unsealed indictment. They face a maximum of 10 years in prison.
Authorities said the duo used the storage facility as a distribution center for the massive amounts of knock-off designer goods.
Sow and Jalloh ran a large-scale counterfeit goods trafficking operation out of the storage facility from January 2023 through Oct. 20, according to the allegations contained in the indictment and other publicly available information.
They also allegedly trafficked counterfeit goods out of an offsite location in Manhattan, authorities said.
CLICK HERE TO GET THE FOX NEWS APP
“The trafficking of counterfeit goods is anything but a victimless crime because it harms legitimate businesses, governments, and consumers,” NYPD Commissioner Edward Caban said.
“Today’s indictments show how seriously the NYPD and our federal partners take this offense, and we will continue to work hard to hold accountable anyone who seeks to benefit by selling such items on the black market.“