BOC inspects 168 mall for P7-billion suspected counterfeits

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The story "BOC inspects 168 mall for P7-billion suspected counterfeits" was covered 15 hours ago by Business Mirror, a news publisher based in Philippines.

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BOC inspects 168 mall for P7-billion suspected counterfeits - Business Mirror

Quick Summary:

THE Bureau of Customs (BOC) has found after its inspection of the storage and warehouses at a mall in Divisoria, Manila, that there may be P7 billion worth of suspected fake goods which bear the marks of Louis Vuitton, Coach, Gucci, Dior, among others, that could be confiscated.

However, these products are still waiting for the “positive” certification of non-authenticity to be issued by the concerned brand owners for the suspected counterfeit goods before they can be confiscated.

The LOA that allows BOC to inspect the 7th floor, 168 Mall, and 5th, 6th, and 7th floors of 999 Mall, Binondo, Manila was granted last November 14, 2024.