Wagswoofs – On November 16, two individuals were apprehended by federal authorities in New York for what they have referred to as the “biggest-ever confiscation of its type.”
On Wednesday, the authorities announced that the United States Attorney’s Office for the Southern District of New York seized over 219,000 fake luxury goods worth approximately $1.03 billion in retail value.
In a statement, Homeland Security Special Agent in Charge Ivan J. Arvelo expressed his team’s unwavering commitment to combatting intellectual property theft. The groundbreaking announcement serves as a testament to the dedication of the team and partner agencies who have been tirelessly pursuing justice. Arvelo further highlighted that this culminated in the largest-ever seizure of this kind, underlining the significance of the achievement.
On Wednesday, Adama Sow and Abdulai Jalloh, also known as Troy Banks, were arrested and charged with trafficking counterfeit goods, according to unsealed indictments. They appeared before U.S. Magistrate Judge Robert W. Lehrburger for their initial hearing.
According to the Justice Department, Homeland Security Investigations, and the New York City Police Department, Sow and Jalloh were involved in the operation of extensive counterfeit goods trafficking activities from a storage facility situated in Manhattan.
According to prosecutors, Sow operated a business in a separate location in Manhattan. Upon searching the premises under Sow’s control, authorities discovered over 83,000 counterfeit items with an estimated value of over $502 million.
Upon conducting searches of the premises under Jalloh’s control, authorities discovered and confiscated more than 50,000 counterfeit items. These items had an estimated market value of over $237 million.
According to New York City Police Commissioner Edward Caban, the act of selling counterfeit goods should not be considered a “victimless crime.” In fact, it has a negative impact on legitimate business owners, customers, and local governments.
According to Caban, the indictments released today demonstrate the NYPD’s and federal partners’ commitment to addressing this offense. He emphasized that they will persist in their efforts to bring to justice those who profit from the sale of stolen goods on the black market.