All posts by: itracetech

SINGAPORE — Three men were arrested last Friday (Dec 4) for their suspected involvement in importing counterfeit electronic goods, said the police and Singapore Customs in a press release today. The trio, aged between 27 and 40, were arrested during a raid on a storage premise at Serangoon North Avenue 4, where more than 243,000 […]

The Bank of China will face a daily fine in the US unless it complies with a court request to give details of customers accused of selling fake goods. The bank was held in contempt of court in Manhattan last week for refusing to turn over the records. The state-owned lender is appealing the civil […]

Over 37 thousand websites have been seized by law enforcement as part of an ongoing battle against counterfeit goods trade, IP theft and piracy. Officials from Europol, the U.S. Immigration and Customs Enforcement (ICE) and Homeland Security Investigations (HSI)’s Intellectual Property Rights Coordination Center led police agents in a joint operation designed to take down […]

With the support of the European Anti-Fraud Office (OLAF), Spanish customs and police intercepted in October a counterfeit shampoo criminal network in Spain. With a production capacity of 200,000 bottles per month, this is the second clandestine factory to be raided this year. The products, which infringed intellectual property rights, were destined for the European, […]

Check out these 9 products that you could be buying counterfeits of every day. http://www.thefiscaltimes.com/Media/Slideshow/2015/11/16/9-Counterfeit-Products-You-May-Be-Buying

The world’s biggest online retailer courses with an unprecedented torrent of counterfeit and sham goods, and neither the big brands, the Chinese government nor U.S. pressure can do much about it.Jack Ma, the most powerful businessman in Asia, can. But shutting down the fakes would undermine his Alibaba empire. Be warned: Jack Ma, the man who oversees the […]

More than 40 percent of goods sold online in China last year were either counterfeits or of bad quality, the official Xinhua news agency said, illustrating the extent of a problem that has bogged down the fast-growing online sector. Read more at Reuters  http://www.reuters.com/article/2015/11/03/us-china-counterfeits-idUSKCN0SS02820151103#mBVLEclte8wMFBwS.99

The Counterfeit Conundrum: 5 Best Practices for Mitigating Counterfeit Issues in the Electronics Industry Industry white paper highlighting proven strategies to limit the impact of counterfeiting issues in the electronics manufacturing industry. http://www.siliconexpert.com/white-papers/counterfeit

UK Annual IP Crime report. Highlights the current and emerging threats surrounding counterfeiting and piracy https://www.gov.uk/government/publications/annual-ip-crime-report-2014-to-2015

A NEW study by the Office for Harmonisation in the Internal Market (OAMI) based in Alicante, has warned of the impact of counterfeit sporting goods. The report said that the manufacturing of counterfeited sporting goods in the EU causes an economic impact of €500 million in the countries and a strong impact on employment estimated […]