U.S. Customs Makes Another Huge Fake Sneaker Bust Worth $32 Million
The U.S. Customs and Border Protection in Los Angeles has seized $32 million in fake goods, which included knock-off versions of the Dior x Nike Air Jordan 1s, Ben & Jerry’s SB Dunk Low, and YEEZY 350 V2.
In addition, customs seized a number of fake luxury handbags, shoes, and belts. This was announced in an official U.S. Customs and Border Protection press release.
Customs has made several high-profile busts this year, including $3.6 million in fake Dior 1s in Texas back in August. It’s worth noting that the estimated value of $32 million is the value of the goods if they were sold for their authentic counterparts’ retail prices. It’s more likely, that the fake good would have been sold for far less than retail, making the overall street value of goods seized lower.
Customs estimates it has stopped 26,503 shipments of counterfeit products, amounting to a retail value of nearly $1.3 billion in 2020.
For more information on the bust, head to the CBP’s official statement here.