Mumbai, June 16 (SocialNews.XYZ) Mumbai police have busted a major racket by some stores that allegedly engaged in the sale of fake watches from major international brands and seized the watches worth Rs 1.06 crore, officials said here on Thursday.
Five people have been arrested in connection with the mega-scam which is under further investigation.
Following a tip-off received by the police, the Economic Crimes Wing and MRA Marg Police have started their low-key investigations into the famous Manish and Al Saba markets in South Mumbai which are notorious for selling commodities premium imported.
Detectives have discovered that numerous shopkeepers in the two main markets allegedly smuggled counterfeit watches of various high-end brands to gullible customers at exorbitant rates.
Accordingly, searches were carried out by police teams on Wednesday in Manish Market stores No. 1, 8 and 40A, and Al Saba Market stores No. 127, 133 and 134 from where traders were caught red-handed offense with fake watches in their possession.
Some of the top-ranked brands featured on fake watches include Armani, Diesel, Fossil, G-Shock and Michael Kors, among others, officials said.
Based on a complaint filed by Anup Kolap, representing a firm specializing in intellectual property rights, the EOW filed suit against the traders arrested under the Copyright and Trademarks Act 1957 , and further investigation is ongoing.
The whole operation was carried out under the leadership of Police Commissioner Sanjay Pandey and other senior officers including Pravin Padwal, Mahendra Pandit and others from various departments of Mumbai Police and MRA Marg Police Station.
Officials said they would ask if the tentacles of the scam spread to other locations in Mumbai and to high-end outlets in malls or malls retailing personal watches imported from large international brands.