CHARLOTTE – A man accused of buying and selling counterfeit airbags pleaded guilty in federal court Monday morning. Igor Borodin, 27, admitted to trafficking counterfeit airbags and delivering hazardous materials.
"My client is an example of the American dream gone bad by dealing with Chinese manufacturers,” said Borodin's defense attorney, Chris Fialko. “That's what happened in this case. He regrets it, he accepts responsibility for it."
The FBI raided Borodin's home in Indian Trail and his business two months ago and found more than 1,600 counterfeit airbags and $60,000 in cash.
The government says Borodin sold more than 7,000 fake airbags online, raking in nearly $1.5 million. They tested one of those airbags, and the government says it didn't work. They are still trying to find more than 5,000 others Borodin sold.
"My client sold airbags that had counterfeit logos and emblems on them, that's illegal and he's accepting responsibility for it," added Fialko.
Borodin will be sentenced another day. He faces a maximum of 15 years in prison, more than $2 million in fines, and deportation.
As part of the plea deal, Borodin will have to forfeit $1.7 million in assets, including his property in Indian Trail and the seized airbags and cash.