A Chinese woman has been sued for counterfeiting $6.9 million worth of 8 luxury brands
This could be the story of an American dream. An immigrant family builds a successful business and buys a four-bedroom house in a quiet neighborhood with good schools for their young son. But not all is as it seems on the steep, curving streets of San Diego’s Rancho Penasquitos.
In Vietnam, counterfeiters thrive on desire for cheap luxury
Nguyen Thu Ha bought a pair of Gucci shoes for only one-tenth the price of a similar pair she had seen at a store of the Italian luxury brand abroad.
Although they felt quite different on her feet than the pair she had tried, she seemed very happy.
Lear MoreHow NZ Watch Stores are Fighting Counterfeit Merchandise
The counterfeiting of luxury timepieces is a rampant practice all over the world, and New Zealand is no exception. This illegal trade cost the watch industry over a billion dollars every year, and saddles unsuspecting buyers with inferior quality products.
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Nigeria, Benin Partner On Anti-Smuggling
The bi-lateral agreement took place at Seme Border on Tuesday, July 7, and was witnessed by dignitaries and agencies from both countries.
http://www.naij.com/482697-nigeria-benin-partner-on-anti-smuggling.html
Lear MoreThree attempts by tobacco and contraband cigarette smugglers foiled
Three separate attempts by smugglers to bring in duty-unpaid chewing tobacco and cigarettes have been thwarted by authorities over the last three days, authorities said on Friday (Jul 10).
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Counterfeiters From China Live Large in California
The Chinese woman has a history of selling counterfeit luxury goods. She has been sued in the U.S. by eight luxury brands. She owes Chanel Inc. $6.9 million for selling products online under its name.
http://www.theepochtimes.com/n3/1443126-counterfeiters-from-china-live-large-in-california/
Lear More‘Edible Barcodes’ Help Fight Counterfeit Drugs
Who knew that the answer to fighting the trillion-dollar global counterfeit drug problem rested in a particle the size of a speck of dust? At least that’s what entrepreneur Dr. Hank Wuh is counting on with TruTag Technologies, one of the companies that falls under the larger umbrella of Skai Ventures, the tech-focused venture capital accelerator that he founded. The central idea behind the tech company are “TruTags” – invisible, edible barcodes that can be planted right onto medicine to verify that the pills and tablets you might consume are the real deal.
http://news.discovery.com/tech/biotechnology/edible-barcodes-help-fight-counterfeit-drugs-150710.htm
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Tobacco smugglers see profit go up in smoke
Over the last few months, CRTF officers laid charges against three people and seized 1,720 kilograms of fine cut tobacco, two cases of contraband cigarettes, one vehicle, a boat and an outboard motor. The contraband has a street value of $156,849.
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Fake meds seized in Cebu
SEVERAL boxes of allegedly fake medicines were seized yesterday during a simultaneous raid in five pharmacies in the cities of Cebu, Mandaue, Talisay and Naga.
Lawyer Augusto Eric Isidoro, National Bureau of Investigation (NBI) 7 assistant director, said the medicines and vitamins that were confiscated are counterfeit products of Unilab, a pharmaceutical company.
http://www.sunstar.com.ph/cebu/local-news/2015/07/09/fake-meds-seized-418061
Lear MoreHong Kong foils smuggling of cigarettes
Hong Kong Customs announced on Thursday that 100,000 sticks of suspected illicit cigarettes with a market value of about 270,000 HK dollars (about 34,800 U.S. dollars) were seized in an operation on July 7.
http://news.xinhuanet.com/english/2015-07/09/c_134397861.htm
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