Wednesday, October 29, 2008

Counterfeit ≠ Luxe

Contrary to my theory that the demand for fakes will wane as this economy takes a turn for the worse, a group of six individuals in Florida have proven me wrong. These six individuals were involved in trafficking counterfeit luxury goods. All of the individuals are Jacksonville, FLA residents.
They were indicted by a federal grand jury and can each face a maximum sentence of ten years in prison as well as a fine worth over $2 million. They are alleged to have sold goods bearing the trademarks of brands such as Chanel, Gucci, and Louis Vuitton. (http://www.wwd.com/business-news/legal-briefs-1844081?gnewsid=2e7d59217966e95a399bc884623c36b5).

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