
China Cracks Counterfeiting Ring That Sold $15M of Goods.
Chinese police have arrested 32 members of a group they said had made and sold up to 100 million yuan ($15 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, where 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.
https://www.voanews.com/a/china-cracks-counterfeiting-ring-that-sold-15m-of-goods/4840668.html
Related Posts
Man tapes 94 iPhones on his body to smuggle into China
Crazy Chinese people news now, and a man has been arrested after trying to...
PharmaSecure goes mobile in battle against fake drugs
Counterfeit drugs affected people in 124 countries in 2011. Among them was India,...
Hong Kong Customs detects suspected case of smuggling illicit tobacco
Hong Kong (HKSAR) - Hong Kong Customs smashed a suspected case of smuggling...
Customs files smuggling raps vs Batangas rice importer
MANILA, Philippines—The Bureau of Customs (BOC) filed on Thursday smuggling...