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%shareLinks-quote="America's ports of entry produced more than 23,000 seizures of fake products worth an estimated $1.2 billion that could have cheated or threatened the health of American consumers."
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. Typically of lower quality, counterfeit goods may ...
Much of it is downright illegal, including flora, fauna, the active ingredient in Botox, and counterfeit purses and jewelry. Other items are downright bizarre, including gold dust, cow manure ...
That bootleg Prada bag you proudly dangle from your arm -- the one you scored on Canal Street in New York City, that hotbed of knockoffs? Someday soon, you could be fined for buying that fake ...
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 ...
Counterfeiting remains a growing problem in the modern world economy. The garment industry is one of the largest areas of counterfeit goods. Louis Vuitton estimates two to three million counterfeit Louis Vuitton pieces are produced each year—about twice the number of genuine products it manufactures. Because of this, Louis Vuitton spends ...
The Customs and Border Protection agency, which is in part responsible for enforcing intellectual property rights and upholding trade laws, seized $3.33 billion worth of counterfeit goods in 2021 ...
Though slug usage is illegal in the United States and elsewhere, [2] prosecution for slug usage is rare due to the low value of each theft, the difficulty in identifying an offender, and also the difficulty in proving mens rea (especially when the slug is another country's genuine coin) since perpetrators when confronted will often claim the ...