Owner of boutiques in ritzy Palm Beach peddled $2M in fake Chanel, Tiffany and Rolex: cops

Palm Beach police said Olena Austin, owner of Blesk Jewelry, peddled $2 million in phony designer brands at two stores in the upscale city.

The owner of a pair of upscale boutiques in Florida’s ritzy Palm Beach who hob-knobbed with the likes of former President Trump was nabbed peddling $2 million in phony goods, according to police.

Olena Austin, 51, was charged with selling counterfeit clothing and jewelry at two Blesk Jewelry locations in the city — shutting down both locations, WPTV-TV News reported earlier this month.

The stores were selling Fugazi knock-offs of top-shelf designer brands like Chanel, Tiffany, Rolex, Versace, Pucci, Bottega Veneta and Van Cleef & Arpel — and telling customers they were the real deal, police said.

“We have to go through the authentication process with all the brands to, you know, more fully authenticate exactly the values on the counterfeit items,” Palm Beach Cap. Will Rothrock told WPTV. “That might bring additional charges later.

Olena Austin was charged with selling counterfeit goods at her Palm Beach boutiques, with merchandise worth some $2 million. WPTV

Olena Austin’s Fugazi goods included fake Chanel jewelry items that were just knock-offs, according to police in the city. Palm Beach Police

“Innocent tourists might be buying something that they believe is a certain item and a certain value,” Rothrock said. “And they may not find out until years later, unexpectedly, that it was counterfeit and not worth what they think it is.”

He said the fakes could also affect other merchants in the area, whose prices are undercut.

Austin was pictured with former President Donald Trump in a snap posted to social media. Facebook / Helena Gates

She allegedly traded in knockoffs of major brands like: Chanel, Tiffany, Rolex, Versace, Pucci, Bottega Veneta and Van Cleef & Arpel Facebook / Helena Gates

According to an affidavit reviewed by the news outlet, a company called “A Action Investigations & Security, Inc.” is listed as the victim of the scam, but a spokesperson declined to comment.

Olena was arrested at one of the shop on June 7 and was later released on a $50,000 bond.