Counterfeit watches seized at Los Angeles International Airport


U.S. Customs and Border Protection officers seized the air cargo shipment on August 8. The shipment was marked "watches," weighed 68 pounds and had a declared value of $173.

The watches were counterfeit versions of Rolex, Louis Vuitton, Cartier and Omega. If the watches were genuine, the estimated retail price would amount to $1.25 million.

Approximately $1.26 billion worth of counterfeit goods originating overseas were seized by CBP in 2012.

With an estimated manufacturer's suggested retail price of $186 million, watches and jewelry ranked as a top-five commodity seized by CBP in fiscal year 2012. In the same period, watches and jewelry represented eight percent of the total number of seizures by CBP nationwide.

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