Fake Bucks Championship Rings Worth Up To $1 Million Seized By Feds

BYAlexander Cole1374 Views
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Milwaukee Bucks
The fake championship ring scam continues to claim victims.

Championship rings in any sport are extremely valuable. For the players who earn them, it is a representation of their success and hard work over the course of their careers and a given season. They are also a fantastic memorabilia piece for fans who may have the funds to cop one at auction from a retired player who would rather give up their material possessions for a good cause.

Unfortunately, the value of these items has led to a lot of scams, and now, the Milwaukee Bucks are front and center. According to TMZ, U.S. Customs and Border Protection has been intercepting shipments of fake rings for months, and many have been making their way through Cincinnati. So far, 1,382 rings have been confiscated and some of them are related to baseball, NASCAR, and even college basketball. However, most of them were related to the Bucks.

Fake Bucks Championship Rings Worth Up To $1 Million Seized By Feds
Jonathan Daniel/Getty Images

As for the value of these rings, it is believed that the merchandise would have been sold for a collective total of $1 million, which is pretty costly for the fans who would have been duped. After all, if you don't know any better, it can be very easy to get caught up in one of these scams.

This is currently a developing story, so stay tuned to HNHH as we will be sure to bring you all of the latest updates.

Fake Bucks Championship Rings Worth Up To $1 Million Seized By Feds
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[Via]


About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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