ICE cracks down on counterfeit NFL products
SAN JOSE, Calif — Just days ahead of Super Bowl 50, U.S. Immigration and Customs Enforcement has announced that they have seized at least $20 million of counterfeit NFL merchandise. The fake swag was confiscated in various locations from San Francisco down to the South Bay. Bruce Foucart, the director of Homeland Security Intellectual Property Rights, said officers have seized all sorts of bogus merchandise over the last couple weeks, including hats, t-shirts and replica Super Bowl rings. These poor quality products are bad for a number of reasons, according to Foucart. “We estimate that the U-S economy loses between $250 billion and $300 billion to counterfeiting every year. But beyond just being bad for business, Foucart said there is a far bigger problem than just hurting the bottom line of the wealthy NFL. “We’ve seen an instance where an individual has sold these goods and invested it (the earnings) in guns to carry out terrorist attacks overseas,” said Foucart.
http://www.kionrightnow.com/news/local-news/ice-cracks-down-on-counterfeit-nfl-products/37808892
Related Posts
Fake currency notes printed by Maoists seized from Chhattisgarh forest: Police
The security forces recovered a huge cache of fake currency notes printed by...
HP: Excise department seizes 43,000 bulk litre of illicit liquor
Shimla, Jun 2 (PTI) Excise Department has seized 43,000 bulk litres of illicit...
Warning up vs fake, smuggled cigarettes
The rampant rise and open selling of smuggled cigarettes in many parts...
Gold worth Rs 2.07 crore seized at Chandigarh airport
LUDHIANA: In another success for Customs Commissionerate Ludhiana in its...