Police uncover Chinese owned fake shoe factory in Lagos, nab five

The Police Special Fraud Unit, PSFU, Lagos, has uncovered a counterfeit footwear mill successful Sagamu, Ogun, and detained 5 suspects, including 2 Chinese nationals, implicit their alleged engagement successful the cognition tally by Meibalun International Nigeria Ltd.

The PSFU spokesperson, DSP Ovie Ewhubare, disclosed this successful a connection successful Lagos connected Wednesday.

Ewhubare said that the find followed an probe into the company’s activities.

“The institution presented itself arsenic a shaper of Nigerian-made footwear but was allegedly producing and selling shoes bearing the names and trademarks of planetary brands without authorisation from their respective owners.

“The affected brands see Gucci, Nike, Timberland, Louis Vuitton and Adidas, among others," helium said.

According to him, further probe by the unit’s Stock Capital Market Fraud Section uncovered questionable fiscal transactions linked to the company’s operations.

He said payments made by customers were allegedly diverted into backstage slope accounts alternatively of the company’s designated firm account.

The spokesperson said the find prompted investigators to hint the ownership, question and utilisation of the proceeds of the alleged transgression activities.

The representation shaper added that the suspects admitted during interrogation that utilizing imitated overseas marque ...