Wednesday, August 11, 2010

Nautilus, Inc.: Successful Enforcement against Counterfeiters

“In its continuing actions against counterfeiters of Bowflex(R) products, fitness company Nautilus, Inc. /quotes/comstock/13*!nls/quotes/nls/nls (NLS 1.89, -0.06, -3.08%) cooperated with and aided U.S. Immigration and Customs Enforcement (ICE) in obtaining the conviction of Chunchai "Katherine" Yu for bribery and trafficking in counterfeit exercise equipment. Yu was convicted by a federal jury in southern California on July 15, 2010 and faces a maximum sentence of 90 years in prison and fines totalling $12.5 million. In addition, Nautilus is continuing with its civil litigation against Yu for knowingly importing and selling counterfeit Bowflex products.”

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