Six individuals were arrested Wednesday (November 14) for importing nearly $20 million worth of counterfeit urban clothing labels from China.
According to Reuters, federal authorities took down six people in New Jersey, California and New York, charging them with conspiring to import clothing with fake labels, and laundering the proceeds between 2003 and 2007.
Some of the brands counterfeited include Rocawear, Coogi and Evisu.
Of the men arrested, one was a man based in China who manufactured the clothing, and another in Los Angeles, a freight forwarder, who transported the illegal clothing to New York where it was sold to wholesale and retail customers.
The investigation was built, in part, from FBI confidential informants, who bought some of the fake clothing at cheap prices at stores in New York and intercepted telephone calls by some of the defendants conducted in Arabic and e-mails detailing the imports, according to the complaint unsealed in Manhattan federal court, reports Reuters.
"Everything is Good in the Hood"
Friday, November 16, 2007
Soulja Boy Must Be So Upset Right Now...LOL
Posted by theexecutive at Friday, November 16, 2007
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