
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
Millions worth of fake Louis Vuitton products seized in Cebu
Customs agents on Wednesday seized P100 million worth of fake Louis Vuitton...
Men jailed for making fake L’Oreal products worth 3.25 million yuan.
21, September 2018 | Shine Five people have been jailed for making fake...
Police seize Korean-made cigarettes worth Rs 20 lakh in Srirampur
Gossaigaon, June 29: The Simultapu police, led by in-charge Sanjay Kumar Rai,...
City hub for fake electronic goods
Hyderabad is fast emerging as a centre for counterfeit products, especially...