Philips Alerts on Counterfeit Products In Nigeria
Royal Philips yesterday lamented that over 50 per cent of products bearing its name in Nigeria market are fake.
This according to the firm buttresses the Standards Organisation of Nigeria (SON) 2011 report that about 85 per cent of goods in circulation in Nigeria were substandard and counterfeit.
Lear MoreAuthorities adopt an ‘iron fist’ in effort to tackle smuggling
In recent years, police, army and customs have been fighting smuggling, trade fraud, and fake products. But results have not been as good as expected. How do you evaluate the situation? Fights against smuggling, trade fraud and fake goods are considered one of the Government’s most important tasks. In recent years, they have made some achievements.
Lear MoreIllicit tobacco seized from Lincolnshire cabbie ‘belonged to organised crime gang
A Grantham taxi driver was caught with more than £250,000 worth of illicit tobacco destined for an organised crime gang.
Alan Clater, 62, was stopped by Wiltshire Police on the M4 near Swindon, during a joint operation with HM Revenue and Customs.
More than 1.5 tonnes of tobacco was discovered in the back of his transit van and Clater, of Hornsby Road, Grantham was sentenced to 18 months in prison, suspended for two years, when he appeared at Swindon Crown Court. He was also ordered to carry out 100 hours of unpaid work.
Researchers Develop Special Fluorescent Ink to Reveal Counterfeit Products
One day soon, the simple act of taking a photo with your smartphone could help fight crime, and prevent you from getting ripped off in the process. With just one snap, you could instantly know whether or not someone is trying to sell you a fake. How is this possible? Northwestern University scientists have invented new advanced fluorescent inks – revealed through a phone’s ultraviolet light – that serve as the product barcodes of the future.
Counterfeiting is a mega big business that totals up to 650 billion dollars in global losses every year, according to the International Chamber of Commerce.
http://bgr.com/2015/06/17/counterfeit-goods-detection-technology-ink/
Lear MoreLaunch of Coalition against Illicit Trade (CAIT) to Fight Global Counterfeiting and Smuggling
Today marks the launch of the Coalition Against Illicit Trade (CAIT), a new worldwide coalition of businesses and organisations dedicated to fighting the trade of counterfeited and contraband goods, which causes significant harm to consumers, governments, businesses, and society in general.
CAIT will focus on encouraging cooperation among those affected by illicit trade, sharing best practice, and working towards practical solutions that can be applied across industries.
Karen Millen anti-counterfeit campaign stops sale of over £2.6m worth of fake garments
An international anti-counterfeit campaign by leading fashion house Karen Millen has succeeded in stopping the sale of over £2.6m worth of fake garments traded illegally using the brand’s name, since its launch in 2012.
Under the campaign, Karen Millen has worked closely with a number of online marketplaces including eBay, Amazon, Taobao and Alibaba, as well as other fashion retailers. The brand has also implemented measures to tackle other parts of the supply chain, including targeting trade site sellers, retail operations and the factories manufacturing imitations.
Research develop special fluorescent ink to reveal counterfeit products
Oneday soon, the simple act of taking a photo with your Smartphone could help fight crimes, and prevent you from getting ripped off in the process. With just one snap, you could instantly know weather or not someone is trying to sell you a fake.
Counterfeiting is a mega big business that totals up to 650 billion dollars in global losses every year, according to the International chamber of commerce.
Lear MoreReal or Fake? Consumers Can Now Tell
Belgian label producer Reynders has teamed up with ScanTrust, based in Lausanne, Switzerland, to produce a label printing technology that sets new standards in protecting a product’s authenticity and safeguarding customer trust. The solution itself is as straightforward as it is innovative: a label with a unique code that cannot be copied and can be verified using a mobile app. Moreover, this industry first turns out to be more cost-effective than traditional anti-counterfeiting solutions.
http://www.prnewswire.com/news-releases/real-or-fake-consumers-can-now-tell-507814401.html
Lear MoreThree men sentenced after probe into cigarette and tobacco smuggling led by HM Revenue and Customs
The gang evaded more than £220,000 in duty by sending more than 400,000 cigarettes and hand-rolling tobacco through the post from Europe
A father and son have been jailed after a probe into cigarette and tobacco smuggling.
Peter Robinson, 69, and Adam Robinson, 28, both from Rossendale, were sentenced alongside accomplice Christopher Quint, 59, of Heywood, following an investigation led by HM Revenue and Customs.
Lear MoreRajasthan tobacco flip- Months after WHO pat, state cuts paan masala taxes
Rajasthan has “in public interest” slashed tobacco taxes by 20 to 30 per cent on the ground that the steep rates were encouraging evasion and smuggling, months after earning a WHO pat for its strict tobacco tax regime.
The VasundharaRaje-led BJP government made the cuts in the value added tax (VAT) quietly through an order last week, prompting cries of collusion with the tobacco lobby.
http://www.telegraphindia.com/1150618/jsp/nation/story_26350.jsp#.VYKrJ_mqqko
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