On Friday, Daofu Zhang, a Chinese citizen, pleaded guilty to conspiring to sell counterfeit computer chips used in military applications. According to Zhang’s plea agreement, the offense carries a maximum penalty of ten years of imprisonment and a $2 million fine. Zhang’s is just the latest conviction in the long, established trade of fake or […]
A belated spotlight: the trade in fakes The OECD, the industrialised world’s think-tank, will today publish its first comprehensive study since 2009 of the trade in counterfeit and pirated goods. The illicit industry is bound to have expanded in the past seven years: trade of all kind has grown as the world has recovered from […]
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