07 Mar '13, 8am

Millions worth of fake Louis Vuitton products seized in Cebu

Customs agents on Wednesday seized P100 million worth of fake Louis Vuitton signature bags and accessories from a fashion store in Cebu City. The confiscation was a response to a letter of complaint sent by the lawyer of the country’s authorized dealer of Louis Vuitton products, according to Customs Commissioner Ruffy Biazon. “We will go after illegally imported goods no matter where they are and who are the people behind it,” said Biazon, who was in Cebu for the operation. The fake products were seized from a fashion store allegedly owned by a Korean national, according to the Bureau of Customs. While in Cebu, Biazon also inspected four container vans of smuggled sugar from Thailand worth P5 million that were seized earlier for not having the required import permit from the Sugar Regulatory Authority. The sugar seizure was effected by the Customs Intelligence and Investig...

Full article: http://www.gmanetwork.com/news/story/298180/economy/finan...

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