FOX Business Flash top headlines for May 3
Check out what’s clicking on FoxBusiness.com.
U.S. Customs and Border Protection seized 460 fake Rolex watches that, if authentic, would have amounted to $10.1 million, the organization announced Monday.
CBP agents seized the watches from two shipments from Hong Kong bound for Brooklyn, New York. The first shipment contained 300 watches, while the second contained 160. Together with a third shipment seized earlier in April, the CBP has obtained more than $20 million in counterfeit watches.
DOLLAR TREE MANAGER OUT OF A JOB AFTER POSTING SIGN LAMENTING GEN Z'S WORK ETHIC: ‘BOOMERS ONLY’
"No one buys a luxury brand watch expecting it to fail or fall apart. As consumers increasingly purchase from online or third party vendors, our officers are at the frontline to guard against defrauders expecting to make money selling fake merchandise," CBP Chicago Field Operations Director LaFonda Sutton-Burke said in a statement.