As the price of imitation jewells tumbled and the demand for the fakes fell, many Australians turned to the underground markets of online markets such as eBay and Amazon for the cheap imitation jeweller’s goods.
Many Australians have resorted to these black markets to buy counterfeit jewellery and have paid the price.
But now, with counterfeit jewellings now making up a third of all stolen goods, many of the black market sellers have begun to take the counterfeiter’s advice and are selling their goods on the streets.
They are selling them for a much lower price than the originals, as the fake items are often less than $50.
And many are selling in stores that aren’t necessarily known for having quality or genuine merchandise.
In Victoria, police have identified more than 500 fake imitation jewelers that are selling counterfeit items to consumers in Melbourne and Sydney.
Police are now working to shut down all of these black market markets in Victoria.
So what can we do about it?
Police say counterfeiters who are selling fake jewellery should be caught, charged and prosecuted.
It’s also important that we don’t buy counterfeit imitation jews from a black market seller and that all counterfeit jewells should be destroyed.
We can’t rely on police and other government agencies to act to enforce these laws.
To be sure, police can take action against counterfeiters that do breach counterfeiters’ terms of trade, but the majority of counterfeiters have never been caught.
“We have been able to shut these black-market jeweller markets down in Victoria by taking action against some of the individuals that have been caught, but we can’t guarantee the same will be done in the future,” Victoria Police spokeswoman Michelle Brown said.
Anyone who suspects someone may be selling counterfeit jewelery is asked to contact police.
If you have been accused of buying or selling counterfeit imitation jewelry, call Crime Stoppers on 1800 333 000 or crimestoppersvic.com.au.