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N.Y. shuts down illegal LiveStrong bracelet operation

August 31st, 2005 by Tim Grahl

With every good deed, there are people looking to exploit it…

Austin Business Journal:

New York Attorney General Eliot Spitzer says his office shut down an illegal New York City operation that imported and sold counterfeit LiveStrong bracelets.

Spitzer says the defendants in the case pleaded guilty and turned over $111,830 to the Austin-based Lance Armstrong Foundation, which benefits from the popular bracelets.

During the raids, authorities seized more than 80,000 counterfeit bracelets and over $100,000 in cash.

Undercover investigators working on the case purchased a box containing more than 1,000 counterfeit wristbands at a store in Manhattan operated by some of the defendants in this case.

via fixedgear


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