5 people charged with trafficking $73 million in fake Air Jordan sneakers | Launderer’s report

0

Mark Brown/Getty Images

Five people have been charged with trafficking counterfeit Nike Air Jordan sneakers and face a maximum sentence of 20 years in prison for the alleged sale of more than $70 million worth of fake shoes.

Tuesday, Aaron Katersky ABC News reported that Miyuki Suen, Jian Min Huang, Songhua Qu, Kin Lui Chen and Fangrang Qu were charged after investigators completed an eight-month investigation that included inspecting nearly 27,000 pairs of shoes. .

“These five individuals are believed to have participated in a large-scale counterfeiting program importing nearly half a million pairs of counterfeit Nike sneakers,” said Angel M. Melendez, Homeland Security Investigations Special Agent. “These counterfeit networks can both harm our economy and threaten our national security, and HSI will continue to take all necessary steps to investigate and dismantle these organizations.”

Investigators alleged that the individuals would import generic sneakers from China to the Port of Newark, New Jersey before adding the Nike Air Jordan brand logos and attempting to sell them as genuine, according to Katersky.

“The five defendants in this case allegedly forged more than $70 million worth of fake Nike shoes and sold them to buyers in the US market,” Manhattan US Attorney Geoffrey S. Berman said. “I commend our law enforcement partners for helping bring today’s charges, which send a clear message to potential infringers: ‘Don’t.'”

The Jordan brand is a dominant force in the footwear world.

Riley Jones of Sole Collector noted that three of the top 10 selling sneakers in the first quarter of 2018 were Air Jordans, led by the Air Jordan 11 Low, which took second place.

Brand success is a key reason Forbes estimates the net worth of NBA legend Michael Jordan at $1.7 billion, and he has struggled in recent years to secure the brands are respected in China.

Share.

Comments are closed.