Thursday 19 September, 2019

Cops estimate downtown Kingston counterfeit seizure at $400 million

Senior officers from the Counter-Terrorism and Organised Crime (C-TOC) arm of the Jamaica Constabulary Force (JCF) say early calculations suggest that the goods that were seized in the major operation they carried out in downtown Kingston on Wednesday are valued at close to $400 million.

Reports are that about 10:00 a.m., C-TOC teams locked down two wholesale establishments along Princess Street and seized counterfeit goods, including sneakers of various brands.

The cops said the owners and operators of the establishments are still being questioned in connection with the illegal goods.

They said the operation was the latest in their ongoing thrust to clamp down on local businesses which are engaged in intellectual property (IP) theft.

The police cited a direct link between transnational organised crime and the manufacturing and distribution of counterfeit products, which generate billions of dollars in revenue annually.

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