Monaco Journal - Shanghai police bust gang selling counterfeit Labubu toys

NYSE - LSE
BCC 0.39% 74.99 $
NGG 1.04% 76.12 $
BCE -0.96% 19.73 $
RIO 1.42% 94.21 $
GSK -0.32% 47.03 $
CMSC 0.4% 20.24 $
VOD 2.62% 16.82 $
CMSD 0.44% 20.43 $
RBGPF 0.14% 65.09 $
RYCEF 0.62% 19.42 $
AZN -0.51% 156.9 $
JRI 1.19% 10.9 $
BTI 0.54% 52.64 $
RELX -0.21% 33.42 $
BP 0.65% 44.79 $
Shanghai police bust gang selling counterfeit Labubu toys
Shanghai police bust gang selling counterfeit Labubu toys / Photo: STR - AFP/File

Shanghai police bust gang selling counterfeit Labubu toys

Police in Shanghai busted a gang making and selling fake Labubus this month, detaining eight people and 5,000 counterfeit toys worth $1.7 million, local state-owned media reported.

Text size:

Made by Beijing-based toymaker Pop Mart, Labubu dolls have become a must-have item internationally, adorning the handbags of celebrities such as Rihanna and Dua Lipa.

The furry, fanged creatures, which typically sell for around $40, are released in limited quantities and have caused frenzies at stores around the world.

Knock-offs -- many of which are also made in China -- have flooded online platforms, dubbed "Lafufus" by social media users.

The Shanghai bust in early July uncovered 12-million-yuan ($1.7-million) worth of fake Pop Mart toys, state-run Shanghai Daily reported late Tuesday.

Pop Mart notified police when a customer reported that one purchased online was in fact fake.

This led to the discovery of an online store that sold fans, speakers and gaming consoles -- but was also a front for selling the counterfeits.

Police raided a warehouse, detaining eight people and the 5,000 toys, complete with forged trademarks and fake anti-counterfeit stickers, the report said.

It is not the first time the fluffy monsters have been associated with crime.

In Singapore, CCTV footage captured a family stealing Labubu dolls from a claw machine last year, according to online media outlet AsiaOne.

And in June, burglars broke into a store in California and took several Labubu dolls along with electronics and other valuables, US news outlet ABC reported.

V.Colombo--MJ