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Counterfeit consumer goods are goods illegally made or sold without the brand owner's authorization, often violating trademarks. Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications .
In 2016, counterfeiting was a $460 billion industry worldwide, AdWeek reported, citing the International Trademark Association. You probably know that buying counterfeit goods is stealing ...
The green goods scam, also known as the "green goods game", was a scheme popular in the 19th-century United States in which people were duped into paying for worthless counterfeit money. It is a variation on the pig-in-a-poke scam using money instead of other goods like a pig. The mark, or victim, would respond to flyers circulated throughout ...
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 ...
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Amazon is taking steps to combat the selling of counterfeit products on its platform. Amazon shoppers: Watch out for counterfeit versions of these 17 brand names Skip to main content
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 ...
The RealReal used data from U.S. Customs and Border Protection and Census records to highlight the proliferation of counterfeit goods in e-commerce—and what consumers can do to protect themselves.