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Counterfeit seizures on the rise. There are many reasons why counterfeit items slip through the cracks. Big platforms like Amazon sell a diverse range of goods from vitamins to clothing to ...
The buyer deprives designers of the fruits of their labor, transferring those profits to counterfeit producers. 5. Fake goods hurt consumers and businesses alike in virtually all aspects of ...
According to the non-profit organization and the CBP, counterfeit goods are often made of inferior and dangerous materials, manufactured in uncontrolled and unsanitary conditions, and damages ...
Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications. Typically of lower quality, counterfeit goods may pose health and safety risks. Various organizations have attempted to estimate the size of the global counterfeit market. [2]
Counterfeit t-shirts at a flea market. A counterfeit is a fake or unauthorized replica of a genuine product, such as money, documents, designer items, or other valuable goods. [1] [2] [3] Counterfeiting generally involves creating an imitation of a genuine item that closely resembles the original to deceive others into believing it is authentic ...
From handbags to clothing, shoes and even sunglasses, federal authorities say they seized more than $1 billion worth of counterfeit luxury products in New York, making it the largest seizure of ...
The Authentics Foundation is an international non-governmental organization that raises public awareness of counterfeits.. On 10 March 2008 The Authentics Foundation hosted the Fakes Cost More summit in Brussels, Belgium, to launch an international campaign against counterfeit goods.
Unfortunately, that means the erosion of sales in some industries due to counterfeit goods coming into the U.S. will continue. Here are the 10 product categories, in descending order, that lose ...