Counterfeit crackdown nets $242M in fake products

July 18, 2020 by adminficci News 0 comments

Shanghai police have a message for would-be operators selling bogus goods — sooner or later, you will be caught.

Police reportedly seized copycat products worth more than 1.7 billion yuan (US$242 million) this year, destroying some 240 dens that produce, store or sell counterfeit items, The Global Times reported.

During a special campaign focusing on cracking down on intellectual property (IP) violations codenamed “Kunlun 2020,” police in Shanghai said they have solved more than 230 related cases, and protected the legitimate rights and interests of more than 60 brands, China Central Television (CCTV) reported.

One of the latest cases involved counterfeit bags of famous brands such as Victoria’s Secret and Chanel worth more than 50 million yuan, Global Times reported

Shanghai police have arrested and charged nine suspects, responsible for making the bags and selling them through online stores, said CCTV.

https://asiatimes.com/2020/07/counterfeit-crackdown-nets-242m-in-fake-products/