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
Alibaba Group Holding Ltd Partners With US CSPC
Alibaba Group Holding has partnered with US CSPC to end sales of harmful products...
Raids Crack Down on Zig-Zag Counterfeiting
In June, on behalf of North Atlantic Operating Co. Inc. and National Tobacco Co....
Fake Johnson and Johnson sutures racket busted in Mumbai
Mumbai: In a major swoop, the Mumbai Police Crime Branch has busted a racket...
Youth held in Bengaluru for printing, circulating fake notes; cops say he learnt from YouTube videos
A 24-year-old man, who learnt how to print fake notes by watching YouTube...

