After convincing his school mates to invest in his failed get-rich-quick business venture, fashion-loving Alexander Beniac-Brooks is now being investigated by customs. The 17-year-old from Melbourne's Scotch College was left tens of thousands of dollars in the red after allegedly telling old classmates his business involved manufacturing watches for $2 to $3 in Germany and selling them for a huge profit. He then imported 50,000 'Obey Snapback' caps from China in a bid to repay the reported $185,000 he owed fellow classmates, but only dug himself further in debt due to the poor quality of the hats. Ms Beniac-Brooks has now found himself in more hot water after Australian Customs and Border Protection confirmed the teenager is being investigated for 'importing and selling counterfeit goods,' The Herald Sun have reported.Alexander Beniac-Brooks allegedly convinced friends to invest in businessA student involved in scheme said he tried to import hats to get out of debtBut the poor quality hats only put Beniac-Brooks in a worse amount of debtHe is now being investigated by customs for importing counterfeit goodsStudents from Melbourne's Scotch College left thousands of dollars in redHe told friends the business involved selling $2-$3 watches for huge profitStudents from five other elite schools also believed to have been involved
When the business folded in May, the father of Mr Beniac-_ reportedly started personally paying back the teenage investors to start clearing his son's debts.