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Richemont Brands Win Counterfeit Judgment

A handful of the company's watch brands won a hefty $100 million default judgment against cyber counterfeiters in New York Federal Court Friday.

FAKE OUT: A handful of Richemont-owned watch brands won a hefty $100 million default judgment against cyber counterfeiters in New York Federal Court Friday. Brands including Cartier, Alfred Dunhill, Roger Dubuis, Panerai and A. Lange & Söhne, were granted the princely sum after defendants Tony Chen, Fan Bao Dian and owners of Nanyang Technology Co. Ltd. did not respond to the lawsuit, which was filed in August.

 

RELATED STORY: Feds Seize 89 Counterfeit Web Sites >>

 

Between them, the defendants ran Cartierreplicawatch.us, Replicawatchshop.us and Fakeswatches.com, in addition to a slew of domain names hawking fake luxe watches. Judge William Pauley granted the Richemont-owned brands a permanent injunction, in addition to the ability to seize any monies in the defendants’ PayPal accounts or other payment providers linked to the sale of the fake watches, as it is virtually impossible to collect even a fraction of the $100 million judgment. The judge also said it would hold any third-party sites accountable in the infringement. Sites such as Facebook, Twitter, Alibaba, Google, Yahoo, YouTube and Flickr would be ordered to take down any content associated with the advertisement or sale counterfeit watches, the judge said.

Although the case is officially closed, the court said it would continue to monitor the activities of the defendants in order to enforce the injunction.

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