The Ministry of Commerce and Investment has defamed the owner of an Est. specialized in retailing watches in Riyadh, following a court verdict condemning the owner of violating the Anti-Commercial Fraud Law, by possessing, offering and selling counterfeit products, bearing forged trademarks. This is a kind of violation and misleading towards the consumers.
The verdict issued by the criminal court in Riyadh imposed a fine, confiscating the seized goods, destroying the tools used in forging, and defamation by publishing the verdict in a local newspaper at the expense of the violator.
MCI received a tip about the said Est., located in Al-Marqab neighborhood in Riyadh. After carrying out the necessary investigation, 4.800 fake watches bearing forged trademarks have been confiscated, in addition to 4.000 fake stickers bearing forged trademarks as well. Accordingly, the case was referred to the concerned authorities for taking the legal measures, in accordance with the Anti-Commercial Fraud Law and Trademarks System.
The Ministry of Commerce and Investment confirms the continuation of addressing those violating the Anti-Commercial Fraud Law by taking stern measures and imposing the legal penalties against them, in view of the fraud and deception towards the consumers. The Rules & Regulations related to Anti-Commercial Fraud Law stipulates penalties that may reach to three-year imprisonment, fines up to one million riyals or both , Defamation in two local newspapers at the expense of the violator, deportation of the illegal labors from the Kingdom, besides the suspension and prevention of practicing the same commercial activity.
MCI calls on all consumers to lodge their complaints or observations through MCI Consumer Call Center (1900), or through the application of a Commercial Violation Report, or via the Ministry's website.