The big business of deception
Worldwide, counterfeiting accounts for more than half a trillion dollars, or 5% to 7%, of world trade each year. Counterfeiters are involved in the illegal production of knock-offs in virtually every conceivable area – food, clothes, pharmaceuticals, toys, health & wellness products, bath & beauty products, and much more. Often the temptation of bargain basement pricing can be too strong for consumers to resist, with many not understanding the risks and ramifications attached to this illicit industry.
Related Posts
61 petrol pumps selling smuggled POL products demolished; Customs launches operation to comply Supreme Court orders
KARACHI: Pakistan Customs, in joint operation against smuggled oil sales at...
Raid disrupts counterfeit cosmetics trade in Malaysia
Assorted cosmeticsAn operation in the Malaysian capital Kuala Lumpur has resulted...
Southwest provinces struggle against border smuggling
VietNamNet Bridge – Authorized agencies have found it tough to fight against...
Agriculture Minister Backs Criminalization of Food Smuggling
Russia's Agriculture Minister Alexander Tkachyov has thrown his agency's weight...