Authorities confiscate 2,400 counterfeit luxury brand logos in Tenerife
Customs Officials from the Tax Agency and officers from the Guardia Civil's Fiscal and Border Section (UDAIFF) in Santa Cruz have intercepted a package containing 2,396 counterfeit commercial logos of various luxury brands, valued at a loss of 1,569,380 euros in sales to the companies they represent.
Following the seizure, an investigation has been launched into a male resident in the south of Tenerife who was the intended recipient of the package, as the alleged perpetrator of an intellectual property crime.
The counterfeit logos underwent a certification process, with the estimated market value of the seized goods. When these logos are applied to fake handbags and wallets they have a market value exceeding half a million euros as they are sold at an average of a third of the price of the originals.
After conducting the investigation at customs facilities and completing the necessary paperwork by both agencies, the case was forwarded to the Duty Court in San Cristóbal de La Laguna.
The sale of these counterfeit goods poses a threat to consumer protection and other public interests. It encompasses illegal trade in various counterfeit goods or products that do not comply with consumer standards and regulations.
The Fiscal Services have paid special attention to these high-risk sectors recently, conducting coordinated and joint operational actions at the national and international levels, driven by organizations such as the World Customs Organization, OLAF (the European Commission's Anti-Fraud Office), and EUROPOL, among others.
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