Nearly 900,000 counterfeit Ray-Ban, Oakley sunglasses seized

BANGKOK -- Police in Thailand announced Thursday they seized almost 900,000 counterfeit brand-name sunglasses at a warehouse where they also arrested two Chinese nationals accused of importing them from China.

See Full Article

Thailand's Department of Special Investigation said the 895,897 sunglasses were purported to be famous brands such as Ray-Ban, Oakley, Louis Vuitton and Christian Dior.

It said the raid Wednesday also found fake stamps, stickers and labels that were part of the counterfeiting operation. Police explained that the sunglasses were imported from China, either whole or as parts, and had tags and stickers applied in Bangkok to make them seem as if they were brand-name goods.

A police attache from the Italian Embassy in Thailand took part in a news conference announcing the raid. An Italian company, Luxottica Group, is the owner of several well-known brands, including Oakley and Ray-Ban, and holds contracts for many more.

The announcement said one of the suspects, Hong Jee Zu, had been convicted of similar offences before and DSI would seek to have his visa revoked.

Thailand is a big producer and market for counterfeit products, leaving it vulnerable to trade sanctions from countries that make legitimate products. The government's Intellectual Property Office, which took part in the raid, has recently stepped up its activities as Thailand seeks to be removed from a U.S. watch list of countries where intellectual property violations are severe.



Advertisements

Latest Economic News

  • Online calls to #BoycottSearsCanada over treatment of ex-employees

    Economic Toronto Sun
    TORONTO — Sears Canada is facing a social media campaign calling for a boycott after the company said it planned on paying millions in bonuses to keep executives on board during restructuring, despite not offering severance to laid-off workers. Source
  • Sears Canada faces online calls for boycott over treatment of ex-employees

    Economic CTV News
    TORONTO - Sears Canada is facing a social media campaign calling for a boycott after the company said it planned on paying millions in bonuses to keep executives on board during restructuring, despite not offering severance to laid-off workers. Source
  • BBC women demand immediate response to gender pay gap

    Economic CTV News
    LONDON -- Some of the BBC's most prominent female journalists and TV presenters are banding together to demand that the broadcaster fix its wide gender pay gap immediately rather than in several years as management has proposed. Source
  • New airport security rules and brewing beer battles: CBC's Marketplace consumer cheat sheet

    Economic CBC News
    Miss something this week? Here's the consumer news you need to know from CBC-TV's Marketplace. Get this in your inbox every Friday. Sign up here. Flying to the U.S.? Read this "Enhanced" security measures went into effect this week for Canadians travelling to the U.S. Source
  • Credit agency pushes feds to give it access to list of social insurance numbers

    Economic CTV News
    OTTAWA -- An international credit reporting agency is pushing the federal government to give it access to a monthly list of new social insurance numbers despite years of rejections over privacy concerns. TransUnion made the request anew earlier this year, shortly after Patty Hajdu became labour minister, to access the list that contains the range of social insurance numbers issued each month in various regions of the country. Source
  • Canadians set record with U.S. real estate shopping spree

    Economic CBC News
    New Brunswick's Joel Levesque had no idea he was helping set a record when he bought a home in Fort Myers, Fla., back in April. The 63-year-old semi-retired public affairs professional wanted a place to escape for the winter and didn't feel like waiting around for the loonie to gain ground on the greenback. Source
  • Debt got you down? Start a debt-destruction club

    Economic CBC News
    If you run, hide, or plug your ears every time the topic of money comes up, you're not alone. But as the era of ultra-low interest rates comes to an end, you need to force yourself to face your finances. Source
  • Ontario transit agency won't let Bombardier bid to operate commuter trains

    Economic CTV News
    MONTREAL -- Ontario's transit agency has decided not to appeal a court ruling favouring Bombardier but will exclude the Montreal-based company from bidding to continue operating GO Transit trains as it has done for decades. Source
  • Business groups blast Ontario labour proposals on last day of consultations

    Economic CTV News
    TORONTO -- Unions and advocacy groups made one last effort Friday to sway the Ontario government on its plan for sweeping changes to the province's labour laws, with some sounding the alarm about what they deem drastic measures and others arguing the proposal doesn't go far enough. Source
  • Marijuana companies band together to develop marketing guidelines

    Economic CTV News
    TORONTO -- Sixteen of Canada's licensed marijuana producers have enlisted the help of Advertising Standards Canada to develop guidelines on how the drug should be branded and promoted before its recreational use becomes legal next year. Source