‘Fakes’ worth P11.8M destroyed at Crame
Authorities on Thursday destroyed some P11.8-million worth of counterfeit goods, including copies of high-end fashion brands, a fraction of the total products confiscated during the first five months of the year worth P6.7 billion.
The activity, which employed heavy equipment that included a road roller, a backhoe, a bulldozer and an armored personnel carrier, was held by the National Committee on Intellectual Property Rights (NCIPR) at Camp Crame.
Witnesses included the representatives of companies whose products were counterfeited, including Louis Vuitton, Lacoste and WD-40, among others.
https://newsinfo.inquirer.net/1005326/fakes-worth-p11-8m-destroyed-at-crame
Related Posts
Zim loses US$30m to smuggled washing powder
Zimbabwe is losing approximately US$30 million a year through the smuggling of...
Chinese fakes bully Vietnamese products on home market
Copycats of many Vietnamese gadgets have been smuggled to Vietnam from China,...
Cigarette smuggling causing over Rs 7b loss annually
Smuggling of cigarettes of different brands and tax evasion causes a loss over Rs...
Financial Crisis Sparks Cigarette Smuggling in Greece
Nearly a quarter of tobacco products used in Greece are likely to have been...