
9 most counterfeited products in the USA
Counterfeit products may cost the global economy up to $250 billion a year, according to estimates from the Organization for Economic Co-operation and Development (OECD). Millions of those shipments enter the United States. While government agencies do their best to crack down on counterfeit goods, they only manage to catch a fraction of the fake products that enter the United States. Still, the U.S. Customs and Border Protection (CBP) values that seized fraction at staggering amounts. The value of counterfeit goods seized rose by 38.1% in 2013, from $1.2 billion in 2012 to $1.7 billion last year.
http://www.usatoday.com/story/money/business/2014/03/29/24-7-wall-st-counterfeited-products/7023233/
Related Posts
Bill defines smuggling as economic sabotage
The partylist group Abono has filed a bill to fight the smuggling of agricultural...
Fake Currency Notes Worth Over Rs 16 Lakh Seized In Rourkela, 1 Arrested
Sundargarh: The Special Task Force (STF) of Odisha Crime Branch on Sunday seized...
Genetically Modified Tobacco Plants Are Viable for Producing Biofuels
In her PhD thesis Ruth Sanz-Barrio, an agricultural engineer of the...
Two arrested at RGIA for smuggling gold, cigarettes
Hyderabad: Customs sleuths apprehended a passenger who arrived at Rajiv Gandhi...