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Saturday, May 4, 2024

Customs dept in hot water after auctioning fake timepieces

Department spokesman Panthong Loikulnant said on Monday that it had invited the license owner of the brand to check the watches in question last Thursday, who confirmed that all 13 are counterfeit.

He said the department had confiscated 14 watches from a shop in Siam Square One shopping mall in Bangkok in July last year. The license owner of the brand had checked the products and found that one of them was counterfeit, while the remaining 13 were genuine products. This prompted the department to announce the sale by auction of the 13 timepieces.

The auction started on June 28 with 18 individuals submitting bids on July 6.

After the license owner confirmed that all the watches sold in the auction were fake, the department cancelled the auction and said it would return the money to all the buyers, who spent around 5 million baht on the watches, Panthong said.

A committee will be…

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