Singapore—Looks like the sale of counterfeit goods is still rampant in the country. On Tuesday (July 9), six suspects were arrested for selling counterfeit luxury goods and clothing during a raid held at Far East Plaza.
According to police reports, four women and two men between the ages of 26 and 54 were arrested for their involvement in the sale of counterfeit goods when officers from the Criminal Investigation department raided the shops in Far East Plaza during a 16-hour operation.
The police said in a statement that “Distribution and sale of counterfeit goods are serious offences and the police will not hesitate to take tough action against perpetrators who profit at the expense of legitimate businesses and consumers.”
The confiscated fake goods amounted to an estimated value of S$80,000. More than 500 products such as shoes, watches, caps, and bags featured trademark infringement.
In Singapore, those who sell or distribute counterfeit items with fake trademarks may be fined S$100,000 and/or face up to five years of jail time.
Investigations are still ongoing.
A 2016 OECD report found Singapore to be the third largest traceable source of counterfeit and pirated goods in the world. Brands such as Rolex, Nike, Ray Ban, and Louis Vuitton are the most commonly reproduced counterfeit products./TISG