NBI Seizes ₱200M Worth of Fake Luxury Goods in Mandaue City Raid

- Advertisement -

The National Bureau of Investigation (NBI) seized ₱200 million worth of counterfeit luxury products in a raid on 33 stores in Mandaue City, Cebu.

The operation, conducted by the NBI’s Intellectual Property Rights Division (IPRD) and NBI-Central Visayas (NBI-7), took place at 1:00 PM on Thursday, October 17, 2024, at the 2nd floor of Parkmall in the North Reclamation Area.

- Advertisement -

According to IPRD-NBI Manila head John Ignacio, the raid followed a complaint filed by luxury brand Louis Vuitton (LV) in August, accusing businesses in Mandaue City of selling fake items bearing their brand.

Authorities confiscated various counterfeit products, including handbags, luggage, belts, and accessories.

The estimated value of the seized items is ₱200 million.

Ignacio explained that the operation followed test purchases and surveillance conducted by the NBI prior to the raid.

- Advertisement -

Before the opening of an LV branch at a hotel resort in South Road Properties (SRP) in Cebu City, genuine products were only available in Manila.

Authorities urged the public to buy luxury products only from legitimate stores.

The NBI-IPRD is preparing cases of trademark infringement and unfair competition against the stall owners involved.

- Advertisement -

Latest

BTS makes powerful comeback with Arirang

The world's biggest group is officially back.

Peso breach of P60 threatens BSP’s easing path amid oil price risks

MANILA, Philippines — The Philippine peso’s slide past the...

VP Sara Duterte camp warned against skipping House ‘mini-trial’ in impeachment case

MANILA, Philippines — The camp of Vice President Sara...

Middle East Tensions Escalate After Reported Israeli Strike on South Pars Gas Field

Tensions in the Middle East escalated following reports that...

12 Filipino Seafarers Safe After Ship Attack in Iraq; Right to Refuse High‑Risk Voyages Reaffirmed

Twelve Filipino seafarers were confirmed safe after the vessel...

Newsletter

VP Sara Duterte camp warned against skipping House ‘mini-trial’ in impeachment case

MANILA, Philippines — The camp of Vice President Sara Duterte has been warned against skipping the upcoming House “mini-trial” on her impeachment case, with...

SB19 makes history as first Filipino act set to perform at Lollapalooza

A new major milestone for Filipino music has been set by the P-Pop Kings.

Peso breach of P60 threatens BSP’s easing path amid oil price risks

MANILA, Philippines — The Philippine peso’s slide past the P60-per-dollar mark is complicating the monetary policy outlook of the Bangko Sentral ng Pilipinas, raising...