How a $10 Doll Worth $150 Million Has Begun to Haunt Your Dreams
A half-dollar coin worth $150 million has begun to haunt your dreams.
A doll of a half-sister of the doll maker is believed to be behind the “ghosts” that have been haunting the dollmaker’s factory in California for more than a decade.
In March, a Los Angeles jury found the doll, which is made by a dollmaker named Lalaloopsy, guilty of stealing $4 million from a third party.
The doll, called Lilaloloopsy Dolls, is part of a larger, $20 million doll business.
In October, a California court convicted Lalaloopy and three of his co-defendants, including the company’s CEO, of fraudulently using the doll to sell counterfeit goods.
A federal jury in New York has ordered Lalaloopes’ owner to pay $2.3 million in fines and fees for violating the Doll Act.
The verdict was made public this week.
According to a lawsuit filed by the government, Lalaloops’ business partners took the doll from a factory in Orange County and sold it to other doll makers in California and elsewhere, where it has been found to have been sold to children as young as 11.
The dolls are supposed to be sold at an average price of $100 each.
In court documents, the federal government argues the company has failed to tell customers of the dolls the doll is counterfeit and has deceived buyers.
Lalaloop’s co-conspirators have admitted to purchasing the dolls and using them in violation of the Doll Acts.
The federal government alleges that the company knowingly misled consumers and that the fraudulent sale of the counterfeit doll resulted in over $2 million in sales to customers and to others.