Swiss Crackdown on Fake Watches

People arriving in Switzerland wearing fake Swiss watches could have their timepieces snatched away under new customs powers that come into force July 1, 2008. Previously these powers only applied to items smuggled into the country for resale.

The illegal counterfeit market is said to cost the Swiss economy an estimated $1.79 billion a year, according to the Swiss Import-Export Bulletin Board.

Categories: Swiss Watch News.

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