![](https://www.ficcicascade.in/wp-content/uploads/2019/04/shutterstock_250849483.jpg)
China Breaks Counterfeit Goods Ring Worth 100 Million Yuan.
Chinese police have arrested 32 members of a group they said made and sold up to 100 million yuan ($14.9 million) worth of counterfeit luxury goods from brands such as Louis Vuitton and Loewe, state news agency Xinhua said. The case highlights the challenge faced by brands in China, whose products, such as cosmetics, and even automobiles, run the risk of being copied. Police in the commercial capital of Shanghai also closed two assembly lines used to make the counterfeits and seized more than 4,000 bags, clothes and accessories, each of which they said cost the group 200 yuan to make. Authorities launched the investigation last year, following a tip that knock-off luxury handbags were being sold on Chinese mobile messaging app WeChat, which is operated by Tencent Holdings.
Related Posts
MoH warns of fake herbal medicines and products
The call comes after the ministry here was alerted by its Australian counterpart...
Andhra Pradesh: SEB, police destroy liquor worth about ₹2 crore
60,000 liquor bottles were destroyed in the operation, says SEB officials....
5 Bhutanese nationals arrested for smuggling 20 kg gold worth Rs 6.4 crores.
02, November 2018 l India Today The Directorate of Revenue Intelligence (DRI)...
Counterfeit MAC makeup could be toxic
Canada's most famous makeup brand is facing a big counterfeiting problem....