Recently a man was arrested and pleaded guilty for selling counterfeit gym equipment. I am sure he will be sent to jail, as Walid Osmond Turk charged $5.5 million on counterfeit credit cards, and defrauding companies like Fedex. His operation was so big, he even made it to the Cyber Criminals most wanted list.
It was a fairly large operation he had, the Secret Service had to use 6 trailers to haul off all the merchandise. Records also show he deposited over $7 million into his bank account, most likely from sales of counterfeit products.
Walid Osmond Turk of Ft. Lauderdale, Florida imported millions of dollars worth of counterfeit exercise equipment such as Fitness Quest’s Ab Lounge XL exercise chairs, Perfect Pushup devices and Nautilus’s Bowflex Exercise machines from China.
Yasmeen Turk, his wife, had helped him sell these products from 2003-2008. In 2008, they were charged in Syracuse for selling and importing counterfeit products after charges were dropped in Colorodo, where they were living at the time.
The Turks then fled to Amman, Jordan. After a plea bargain, Walid returned to the US to face charges. Charges against his wife were dropped as part of the plea agreement.
Walid is a US citizen, born in Lebanon. His wife is a Canadian citizen living in the US.
How they were found:
In April 2008, Immigration and Customs Enforcement seized $2.1 million in counterfeit merchandise in Oak Harbor, Washington. They were imported by a person named Bryan Polee, who claimed he imported them for a person who he only knew as “Wally” and the company he owned “Planet Mobile”. Federal agents did some investigation and found that Wally was Walid Turk and that he owned the company.
A lot of money was made:
When their bank records were search because of a subpoena, federal investigators found that $7 million was deposited into their accounts from 2004-2008. Investigators cannot say if all the deposits were from the sale of counterfeit goods.
Federal Express(Fedex) claimed the two used $5.5 million in stolen credit cards to ship their products.
UPDATE: 06 November 2014
Walid Osmond Turk sentenced to five years in prison, and was ordered to pay a fine of $250,000 and restitution of $8,204,328.49 . Read the full court sentence here.
The wanted poster: