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Old 10 July 2012, 01:44 PM   #1
MikeSalz
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Feds Seize $28M AP/Louis Arden Watches

Received this from a daily industry newsletter.

http://www.beaumontenterprise.com/ne...er-3688880.php

Scary if all those were on the street.
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Old 11 July 2012, 12:20 AM   #2
azguy
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Old 11 July 2012, 12:28 AM   #3
MoBe
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The Feds like to exagerate a bit I think,the street value of 4,200 counterfeit watches is not $28 million!
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Old 11 July 2012, 05:45 AM   #4
floater156
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This is exactly why I bought mine from an AD.
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Old 11 July 2012, 07:26 AM   #5
mrbill2mrbill2
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Quote:
Originally Posted by MoBe View Post
The Feds like to exagerate a bit I think,the street value of 4,200 counterfeit watches is not $28 million!
That's only an average of $6,666.67 per watch. Depends on how many were APs.

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Old 11 July 2012, 08:03 AM   #6
crowncollection
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Quote:
Originally Posted by MoBe View Post
The Feds like to exagerate a bit I think,the street value of 4,200 counterfeit watches is not $28 million!
exactly my thoughts, if they were real they may have been worth that much but certainly not counterfiets, anyway good on them for stopping them from hitting the market
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