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Davidson News

Two Charged in Record Counterfeit Goods Seizure with an Estimated MSRP of Over $1 Billion – New York

More than 200,000 fake designer products were recently discovered by authorities, who have accused two people of trafficking in such things.

 

The U.S. Attorney’s Office for the Southern District of New York released a news release alleging that Adama Sow and Abdulai Jalloh, also known as Troy Banks, conducted “large-scale counterfeit goods trafficking operations out of a storage facility” between approximately January and October 20. Additionally, according to the prosecution, Jalloh allegedly trafficked fake goods through a Manhattan off-site address.

The attorney’s office reported that roughly 219,000 counterfeit luxury products, including clothing, shoes, and bags, with an estimated MSRP of $1.03 billion, were found by officials.

US Attorney Declares Largest-Ever Bust of Counterfeit Goods with Potential 10-Year Sentence for Defendants

According to reports, authorities found over 50,000 counterfeit items on Jalloh-operated property and over 83,000 counterfeit items with an MSRP of over $502 million at facilities under Sow’s control.

Indictments accusing Sow and Jalloh of engaging in the trafficking of counterfeit products were made public by the attorney’s office. The arrests took place on Wednesday, November 15.

Damian Williams, the US Attorney, declared it to be “the largest-ever seizure of counterfeit goods in U.S. history.”

According to NYPD Commissioner Edward Caban, “The smuggling of counterfeit goods is anything but an offence without victims because it affects genuine companies, governments, and consumers.” Sow and Jalloh could receive a maximum 10-year prison sentence if found guilty.

The legal department observed that counterfeit designer goods frequently have a lower street value than their MSRP.

 

 

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