(Metro News) NBI seizes fake LV products worth P92M in Quiapo raids

March 31, 2010 11:04 pm 

MANILA, March 31 — A total of 10,673 assorted counterfeit Louis Vuitton products worth P92 million were seized by agents of the National Bureau of Investigation (NBI) during simultaneous raids recently on nine stalls and two stockrooms of the Manila City Plaza Shopping Mall in Quiapo.

The bureau said the raids, part of the government’s effort to fight counterfeiting, were conducted by operatives belonging to the NBI Intellectual Property Rights Division (IPRD).

The raids stemmed from the complaint lodged by Mayank Vaid, director for brand enforcement, Asia Pacific, Louis Vuitton Malletier.

Earlier, the NBI operatives conducted surveillance and test-buys to confirm if there was basis for the complaint before conducting the operations, according to Atty. Joel Tovera, NBI-IPRD executive officer.

The NBI operatives were armed with search warrants issued by Judge Antonio M. Eugenio Jr. of the Manila Regional Trial Court (RTC) Branch 24.

A report by Special Investigator III Glenn M. Lacaran revealed that the operations resulted in the confiscation of 10,673 pieces of assorted LV products such as bags, hand bags, pouches, leather cases, shoulder bags and other accessories worth US$ 2,012,975 or equivalent to P92,596,580.

The owners and operators of the raided stalls and stockrooms are facing charges for violation of Republic Act No. 8293, otherwise known as Intellectual Property Code of the Philippines. (PNA) scs/JES


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