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
Lear MoreEUBAM: stepping up the fight against cigarette smuggling through regional cooperation
Representatives from customs and law enforcement agencies of Belarus, Georgia and Lithuania met recently at the Task Force Tobacco in Odessa, held under the aegis of the EU Border Assistance Mission to Moldova and Ukraine (EUBAM), to share their experience with colleagues from Hungary, Poland, Romania, Moldova, and Ukraine, as well as OLAF and SELEC.
The meeting resulted in an agreement to establish a regional mechanism for exchanging information on illicit cigarette shipments, intensifying the fight against tobacco smuggling on a regional level.
Lear MoreNigeria loses N9bn annually to counterfeit products
Stakeholders in the home appliance and baby care industry have lamented the increasing incidence of counterfeit products, which cost the country about N9 billion annually.While the country has also lost a whopping N200 billion annually to adulterated oil, the global economy via a cross-border trade in physical counterfeit is now $250 billion annually.
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The secret lives of Thailand’s counterfeiters
On streets in Bangkok and in some of its glistening air-conditioned malls, countless counterfeit Rolexes, DVDs, Gucci fashion accessories and other products are openly on sale.
Foreign tourists flock to Thailand’s ubiquitous street markets, fascinated by the look and feel of the high-quality counterfeit goods openly on display and the cheap prices shouted out by touts.
http://edition.cnn.com/2015/06/15/travel/thailand-counterfeiters-fake/
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