ICE cracks down on counterfeit NFL products
SAN JOSE, Calif — Just days ahead of Super Bowl 50, U.S. Immigration and Customs Enforcement has announced that they have seized at least $20 million of counterfeit NFL merchandise. The fake swag was confiscated in various locations from San Francisco down to the South Bay. Bruce Foucart, the director of Homeland Security Intellectual Property Rights, said officers have seized all sorts of bogus merchandise over the last couple weeks, including hats, t-shirts and replica Super Bowl rings. These poor quality products are bad for a number of reasons, according to Foucart. “We estimate that the U-S economy loses between $250 billion and $300 billion to counterfeiting every year. But beyond just being bad for business, Foucart said there is a far bigger problem than just hurting the bottom line of the wealthy NFL. “We’ve seen an instance where an individual has sold these goods and invested it (the earnings) in guns to carry out terrorist attacks overseas,” said Foucart.
http://www.kionrightnow.com/news/local-news/ice-cracks-down-on-counterfeit-nfl-products/37808892
Related Posts
CAN NEW TECHNOLOGIES THWART COUNTERFIETERS
Earlier this month, Jack Ma, chairman of Chinese e-commerce giant Alibaba, made...
VN sizes up massive smuggling caseload
Vietnamese authorities discovered and solved hundreds of thousands cases of...
Smuggling has negative impact on revenue collection – Chanda
GOVERNMENT is concerned about the revenue losses it is incurring through rampant...
Mother-of-two made £400,000 selling fake Mulberry bags at ‘handbag parties’ before spending cash on private school fees and holidays
A woman who made more than £400,000 selling fake designer handbags spent the...