The big business of deception
Worldwide, counterfeiting accounts for more than half a trillion dollars, or 5% to 7%, of world trade each year. Counterfeiters are involved in the illegal production of knock-offs in virtually every conceivable area – food, clothes, pharmaceuticals, toys, health & wellness products, bath & beauty products, and much more. Often the temptation of bargain basement pricing can be too strong for consumers to resist, with many not understanding the risks and ramifications attached to this illicit industry.
Related Posts
Four held for smuggling foreign cigarettes.
30, September 2018 | The Hindu The Directorate of Revenue Intellingence (DRI),...
Two nabbed for liquor smuggling.
Ludhiana: The Koom Kalan police have booked Deepak Narula of Bahini Doaba village...
Alibaba sinks $161M into nixing counterfeits over two years
Over the last two years, China-based e-commerce giant Alibaba Group has spent...
Puerto Rico authorities seize counterfeit auto parts
US Customs and Border Protection (CBP) officers and import specialists seized...