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
UN’s new counterfeit campaign
The United Nations Office on Drugs and Crime (UNODC) ‘Counterfeit: Don’t buy into...
Committee reports on illegal trade
In a report, entitled Cross-border Police Cooperation and Illicit Trade, they...
Gujarat fake currency racket busted: Rs 40 Lakh fake notes seized, kingpin on the run
AHMEDABAD: In a late-night raid, Banaskantha Police’s Local Crime Branch (LCB)...
YPB Group raises $1.65M to grow online anti-counterfeiting business
Anti-counterfeiting technology company YPB Group (ASX:YPB) has raised $1.65...


