86 counterfeit championship rings seized by Chicago CBP
CHICAGO — Sports memorabilia is a lucrative business. Fans and collectors are paying top dollar for memorabilia to add to their collection or pass on to future fans. However, this business has its bogus dealers who sell their counterfeit goods cashing in at the expense of collectors and fans.
On September 13, U.S. Customs and Border Protection (CBP) officers at the Chicago port of entry seized a shipment from China that contained 86 championship rings. The Chicago Trade Enforcement Team and CBP Trade Experts in Centers of Excellence and Expertise determined the rings to be counterfeit due to all of the products being of poor quality and lacking in features. of security. The shipment was destined for a residence in Florissant, Missouri.
“Mailings like these prey on the many sports fans across the country who may be paying high prices for false memorabilia,” said LaFonda Sutton-Burke, director of field operations, Chicago. “I am extremely proud of the determination of these agents to stop the illicit shipments and of our commitment to protect the US economy.”
The package contained fake Chicago Bulls (24), New York Yankees (34), St. Louis Cardinals (22) and Philadelphia Eagles (6) championship rings. If the rings had been genuine, the manufacturer’s suggested retail price would have been $ 2.38 million.
The enforcement of intellectual property rights (IPR) is a priority business issue. Importing counterfeit goods can result in significant loss of income, harm the American economy, and threaten the health and safety of the American people. In partnership with Immigration and Customs Enforcement, CBP seized 27,599 shipments containing IPR violations in fiscal 2019. If the seized products were genuine, the total manufacturer’s suggested retail price of the items would have been valued at over $ 1.5 billion.
In the past five years, e-commerce has grown exponentially as consumers increasingly shop online. These purchases are usually shipped by international courier and express courier services.
Sold through clandestine outlets and third-party e-commerce websites, counterfeit products finance smugglers and members of organized crime. Consumers often believe they are buying a genuine product, but quickly find the item to be inferior and potentially unsafe.
“Counterfeiters easily hide in plain sight of online marketplaces. They trick buyers into buying dangerous, low-quality fakes online, ”said Shane Campbell, regional manager for the Port of Chicago. “CBP employees work tirelessly to protect our economy and our consumers every day. “
CBP Trade protects the intellectual property rights of U.S. companies through an aggressive intellectual property rights enforcement program, protecting them from unfair competition and malicious use while supporting innovation and ingenuity. American. Suspected violations can be reported to CBP here.
If you are aware of or suspect a company or individual of infringing any trademark or copyright, please report the alleged violation to the e-Allegations online commerce violation reporting system or by calling 1- 800-BE-ALERT.