Fake Goods Seized in Chicago in FY 2012

in Business Risk, Counterfeit Goods

Officers with the United States Immigration and Customs Enforcement seized over 100,000 counterfeit merchandise products in the city of Chicago during Fiscal Year 2012. The retail value of the counterfeit products was worth over $5 Million. In on raid alone, agents seized 12 vans filled with fake handbags with brand names of Louis Vuitton, Prada, Chanel, and Burberry purses that was being sold at a local flea market.

According to a private security firm that works with brand owners, Chicago is the third-largest marketplace in the United States for counterfeit goods.

Source:  Brian Dukerschein, “Counterfeit luxury goods invade Chicago,” Crain’s Chicago Business, April 15, 2013.

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