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NBI raids P50-M worth of counterfeit luxury goods at Greenhills

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Niko Baua, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Niko Baua, ABS-CBN News" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/life/04/05/20230405-nbi-raids-counterfeit-in-greenhills-via-nikobaua.jpg"/><figcaption>Several counterfeit luxury brands were confiscated by the NBI at Greenhills in San Juan City on April 5, 2023. Niko Baua, ABS-CBN News</figcaption></figure></div>MANILA — The National Bureau of Investigation (NBI) implemented search warrants Wednesday at Theatre Mall, Greenhills in San Juan City for two stalls and storage areas for allegedly violating the intellectual property rights law.The complaint was filed by Quisumbing Torres law firm, the legal representative of Chanel, Hermes, and Rolex.The estimated worth of the confiscated counterfeit jewelry, watches, shoes, and bags was P50 million, according to authorities.<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Niko Baua, ABS-CBN News" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/life/04/05/20230405-nbi-raids-counterfeit-in-greenhills-via-nikobaua-2.jpg"/><figcaption>Niko Baua, ABS-CBN News</figcaption></figure></div>The items will be presented in court as evidence, and will eventually be destroyed. The stall owners will face an intellectual property rights complaint from the brand owners.The management of Theatre Mall and Greenhills Shopping Center have yet to issue a statement on the raid.Last Jan. 31, the Greenhills Shopping Center was cited in the US Trade Representative’s 2022 Notorious Markets for Counterfeiting and Piracy list.It was among the 39 online markets and 33 physical markets worldwide that reportedly engage in or facilitate counterfeiting or copyright piracy.Early February this year, the Intellectual Property Office of the Philippines (IPOPHL) said it was working on a plan to tackle the alleged counterfeiting activities at Greenhills Shopping Center.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/02/02/23/ipophl-plans-to-address-counterfeiting-in-greenhills">IPOPHL drafts plan to address alleged counterfeiting at Greenhills Shopping Center</a></li></ul>Last year, the IPOPHL signed a memorandum of understanding with the Philippine Retailers Association, where Greenhills is a member, in stamping out counterfeit products.

The NBI implemented search warrants at Greenhills for two stalls and storage areas for allegedly violating the intellectual property rights law.

NBI raids P50-M worth of counterfeit luxury goods at Greenhills

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NBI raids P50-M worth of counterfeit luxury goods at Greenhills

Niko Baua,

ABS-CBN News

Published Apr 05, 2023 09:03 PM PHT

Read More:

Greenhills

counterfeit

NBI

Chanel

Hermes

Rolex

Intellectual Property Office of the Philippines

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