Former Third Street Flea Market Owner Sentenced To 12 Months House Arrest For Facilitating Sale Of Counterfeit Items
Memphis, TN – Fred Thomas Goodfellow, 72, of Memphis, TN, was sentenced today to 12 months and one day of house arrest by U.S. District Judge John Fowlkes for facilitating the sale of smuggled goods, announced U.S. Attorney Edward L. Stanton III; Raymond R. Parmer, Jr., Special Agent in Charge of U.S. Immigration and Customs Enforcement (ICE); Homeland Security Investigations (HSI) New Orleans Office; and Keith Morris, Inspector in Charge of the Atlanta Division, United States Postal Inspection Service (USPIS).
Goodfellow was the former owner and operator of the Third Street Flea Market, located at 4233 S. Third Street, Memphis, TN. While engaged in that enterprise, he knowingly allowed two undercover officers posing as vendors to rent a booth to sell imitation Rolex watches to the public, in spite of having received cease and desist letters from the trademark holders, thereby facilitating the sale of at least 42 counterfeit Rolex watches on January 28, 2011. He also accepted an imitation Rolex from the undercover officers as a gift.
Subsequent to Goodfellow’s arrest, approximately 40 fake Rolex watches were recovered in relation to the investigation. If authentic, the watches would have had an approximate value of $400,000. He pled guilty to the charges on June 14, 2012. Pursuant to a plea agreement and settlement with the United States, Goodfellow forfeited all interest in the flea market property.
It was revealed at sentencing that Coach has filed a $5 million lien against Goodfellow’s assets. Goodfellow will also be subject to three years of supervised release and must pay a $5,000 fine. The judge further ordered him to complete 20 hours of community service per month throughout his house arrest and supervised release. During his house arrest he will only be able to leave his residence to attend church, to attend to health care matters, and complete court-ordered community service.
U.S. Attorney Stanton commended the diligent work of the agents, investigators, and inspectors from ICE, HSI, and the USPIS. Assistant U.S. Attorney Brian K. Coleman represented the federal government.