Authorities Bust $472 million USD Counterfeit Sneaker Ring

2019 saw America's Customs and Border Protection (CBP) seize a wide array of counterfeit sneakers, including a $3 million USD bust in August and October's $2.2 million USD fake Nike seizure. To cap off the year, Quartz reported on an unsealed federal complaint, revealing that the agency procured over 20 boxes of fake goods from a single supplier, boasting a combined street value of over $472 million USD.Seized between February 2012 and December 2016, the 22 boxes of fake Nike and Louis Vuitton f...