Feds Seize More Than $1.2 Billion Worth of Counterfeit Items

There were 23,140 counterfeit seizures in fiscal year 2014—worth an estimated $1.2 billion if the products had been genuine.

While this number declined 5 percent from a year before, U.S. Customs and Border Protection (CBP) deemed fiscal year 2014 its third busiest since 2005, according to a joint report released last week with Homeland Security Investigations unit of the U.S. Immigration and Customs Enforcement (ICE).