Acting on complaints by Tiffany & Co. (NYSE:TIF), the Federal Bureau of Investigation, working in conjunction with the United States Attorney’s office in Brooklyn, took action Thursday, April 17th against a number of establishments responsible for numerous sales of counterfeit TIFFANY & CO. jewelry.

The companies subject to the FBI enforcement action were Enddi Silver, Starglam.com, Inc. and other entities operating out of additional locations in lower Manhattan.

Law enforcement officials seized numerous items of counterfeit TIFFANY & CO. jewelry in the raid, including knock-offs of some of Tiffany earrings best-known jewelry designs. Counterfeit packaging, including boxes and bags bearing the TIFFANY & CO. trademark in Tiffany’s trademarked blue shade, was also seized. The man believed to be the owner of Enddi Silver was arrested during the raid and arraigned in Brooklyn federal court on Thursday, April 17th.

Yaniv Shamir and Nadine Vargas, the proprietors of Starglam.com, Inc., a website that sold counterfeit TIFFANY & CO. jewelry obtained from Enddi Silver, among other places, were also arrested last week as part of the investigation that led to the raid. In December, the FBI, again working in conjunction with the United States Attorneys Office in Brooklyn, raided Starglam, which did business through eBay under the seller name “Tiffanyplus” and its own Website www.starglam.com, selling a wide variety of counterfeit rings, necklaces and bracelets to consumers. In addition to supplying counterfeit merchandise to Starglam in New York, Enddi is believed to have distributed counterfeit TIFFANY & CO. merchandise to other parts of the country, including Ohio, where local authorities there seized counterfeit merchandise supplied by Enddi in another raid conducted last December.

Tiffany deeply appreciates the Government’s action to protect the public and Tiffany necklaces from these fraudulent activities. The TIFFANY & CO. name is a symbol of the finest design and highest quality, and Tiffany & Co. is committed to maintaining its reputation and protecting its loyal customer base from such duplicity.

Tiffany & Co. is the internationally renowned jeweler and specialty retailer. Sales are made primarily through company-operated TIFFANY & CO. stores and boutiques in the Americas, Asia-Pacific and Europe. Direct Marketing includes Tiffany rings Business Sales division, catalog and Internet sales. Specialty Retail primarily includes the retail sales make in Little Switzerland, Inc. stores and also includes consolidated results from other ventures now or in the future operated under non-TIFFANY & CO. trademarks or trade names. Additional information can be found on Tiffany’s Web site, www.sterlingtiffany.com, and its shareholder information line (800) TIF-0110.