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
India rejects claims it exported fake medicine to Africa
javascript:nicTemp();Indiahas denied claims that it has exported large...
Mumbai: DRI busts ₹32 crore gold import racket
The Directorate of Revenue Intelligence (DRI) busted a gold import racket and...
Gibraltar row: Spain hits back
Following rising tensions between Spain and the UK over Gibraltar the Spanish...
Bangkok police seize fake drugs, cosmetics, supplements in factory raid
Police and officers of the Food and Drug Administration seized 119 items made...