Two NY Importers Convicted in $100M Counterfeit Goods Prosecution
The Justice Department reports the conviction of two New York importers in one of the largest counterfeit luxury goods prosecutions in U.S. history, with the infringing goods valued at more than $100 million. Chong Lam and Siu Yung Chan, aka…
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Joyce Chan had imported counterfeit handbags, wallets, purses and carry-on bags from China. Lam and Chan each face a maximum of five years in prison and a $250,000 fine for the conspiracy count, 10 years in prison and a $2 million fine for each trafficking count, and 5 years in prison and a $250,000 fine for each smuggling count.