SINGAPORE - Three men were arrested for allegedly importing counterfeit consumer electronics worth about $11 million, the police and Singapore Customs said in a joint statement on Tuesday (Dec 8).
The three men, aged between 27 and 40, were nabbed last Friday after police conducted a raid at a storage facility in Serangoon North.
More than 243,000 trademark-infringing goods such as hard disk drives, mobile phones and accessories, memory cards and computer software product keys were seized during the operation.
The counterfeit goods have an estimated street value of about $11 million.
The raid took place as a follow-up after Singapore Customs detained a consignment suspected to contain trademark-infringing hard disk drives and anti-virus software product keys two days earlier.
Investigations into the case are ongoing.
Persons found guilty of selling or distributing infringing goods with falsely applied trade mark may be fined up to a maximum of $100,000, and/or be jailed up to five years, the statement said.