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
$500K in counterfeit goods seized from east side flea market
INDIANAPOLIS - n A major raid at an Indianapolis flea market turned up $500,000...
NAFDAC seizes fake products worth N60 million in Lagos.
The National Agency for Food Drugs Administration and Control (NAFDAC) has...
Alibaba Sued Over Alleged Counterfeits
BEIJING—The owner of several of the world’s best-known luxury brands has filed a...
Illegal unit making counterfeit cigarettes busted; cops seize stock, machine worth ₹5 crore
Navi Mumbai: The crime branch officials of the Raigad police on Thursday busted a...