Feds seized $200 million in counterfeit goods in 2007

| Monday, February 04, 2008

The U.S. Department of Homeland Security seized an estimated $200 million in counterfeit merchandise during the 2007 fiscal year – an increase of 27 percent from the year before.

Immigration and Customs Enforcement investigations during fiscal year 2007 resulted in 13,600 seizures, 241 arrests, 149 indictments and 134 convictions for intellectual property rights violations, according to an ICE press release.

According to the press release, the top commodity seized continues to be footwear, including $77.7 million seized in FY 2007. Other fake goods include pharmaceuticals, electrical items, food and hygiene products.

“These criminal organizations are not only stealing the trademarks of U.S. businesses, they are siphoning millions of dollars from the American economy and are often deceiving an unsuspecting public,” Julie Myers, assistant secretary for ICE, said in the press release. “These results show that ICE has made protection of U.S. intellectual property rights our trademark.”

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