Costco ordered to pay $5.5M for selling fake Tiffany & Co. rings

Warehouse superstore Costco is in big trouble for selling imitation jewelry.

A federal judge says the company needs to pay Tiffany & Co. $5.5 million dollars for selling fake Tiffany diamond engagement rings.

The judge says Costco's jewelry buyers requested vendors to copy the Tiffany designs and sell the rings branding them as "Tiffany" when they weren't.

 

(© 2016 WTSP)


JOIN THE CONVERSATION

To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment