China Cracks Counterfeiting Ring That Sold $15M of Goods.
Chinese police have arrested 32 members of a group they said had made and sold up to 100 million yuan ($15 million) worth of counterfeit luxury goods from brands such as Louis Vuitton and Loewe, state news agency Xinhua said. The case highlights the challenge faced by brands in China, where products, such as cosmetics and even automobiles, run the risk of being copied. Police in the commercial capital of Shanghai also closed two assembly lines used to make the counterfeits and seized more than 4,000 bags, clothes and accessories, each of which they said cost the group 200 yuan to make. Authorities launched the investigation last year, following a tip that knock-off luxury handbags were being sold on Chinese mobile messaging app WeChat, which is operated by Tencent Holdings.
https://www.voanews.com/a/china-cracks-counterfeiting-ring-that-sold-15m-of-goods/4840668.html
Related Posts
Fake Brand Detergent Powder Seize
Bangalore: Malleswaram police raided a factory in Madanayakanahalli, Bangalore,...
Police dismantle major tobacco smuggling ring in Ontario
HAMILTON, Ont. – Authorities say a large contraband tobacco smuggling and...
6.5 kg of gold seized at Chennai airport
Chennai Air Customs seized 6.5 kg gold and electronic goods worth Rs. 3.09 crores...
Fake expiry dates on products, buyers beware!
If there is anytime one need to be vigilante when shopping, it is now....