Slightly less reprehensible than stealing from independent designers, designer knock-offs still exist in a moral gray area. While police are cracking down on counterfeit handbag makers and sellers in New York, websites like Finders Keepers openly sell costume jewelry inspired by luxury designers like David Yurman and John Hardy.

It seems to us that the line in the sand is whether or not the item is trying to pass as the real thing. That fake Burberry bag might pass muster at the Junior League lunch, but any lady worth her pearls will be able to spot these fake David Yurman pieces a mile away. Two miles away!