Industry News

15Aug 2015

Washington (AFP) – It goes by many names — K2, Spice, Bizarro, Scooby Snax, Kryp2nite and Stoopid, to name but a few — and it’s setting off alarm bells across the United States. Synthetic marijuana is being cited by police and public health officials for a dramatic surge in potentially lethal overdoses and drug-related offenses […]

13Aug 2015

US prosecutors are charging a Canadian pharmacy website with smuggling, money laundering, and conspiracy after it allegedly sent millions of dollars worth of counterfeit medications, including fake cancer drugs, to American doctors. A Montana grand jury returned an indictment against the Winnipeg-based canadadrugs.com last year, the Associated Press reported, but the case against 14 defendants was sealed until […]

07Aug 2015

Undercover investigation purchases L’Oreal USA’s products to inform consumers about the issue of product diversion. This occurs when unauthorized retailers sell hair salon products that can be overpriced, outdated, or harmful because they are not authentic. https://www.youtube.com/watch?v=zTKEXyhJRFQ

06Aug 2015

People are being told to keep away from cheap booze after police uncovered an illegal alcohol factory which may have sold counterfeit and potentially “toxic” vodka. Trading Standards urged drinkers to avoid any unusually cheap alcohol, warning it can pose serious heath risks, including blindness. Authorities seized some 130,000 litres of the suspected illegal alcohol […]

04Aug 2015

TOYOTA Australia is trying to locate “thousands” of counterfeit airbag parts that could prove deadly in a crash. The bogus parts — sold in what appears to be genuine Toyota packaging — fit most of the 2 million Toyotas sold in Australia over the past 10 years, but the company has no idea how many […]

30Jul 2015

The economic cost of IPR infringement in the clothing, footwear and accessories sector The economic cost of IPR infringement in the clothing, footwear and accessory sector study looks into the direct and indirect industry revenue loses and job losses due to the presence of counterfeit products. It also looks at the impact on public finance. […]

28Jul 2015

Have you ever seen an iPhone on sale with a price that’s too good to be true? It turns out counterfeiting the iPhone is a profitable pastime in many parts of the world. But at least one massive counterfeit iPhone operation in China was recently shut down, as police raided a factory that produced more than […]

23Jul 2015

http://www.euroweeklynews.com/3.0.15/news/on-euro-weekly-news/spain-news-in-english/131246-spain-goes-counterfeit-crazy-with-1-in-6-purchases-fake COUNTERFEIT brand clothing and shoes cause losses of up to €4.1 billion every year for the sector and represent a staggering 16 per cent of the total sale volume. They are estimated to destroy 50,296 jobs (13.5 per cent of the total employment positions in the sector). These figures were presented by the Office […]