Industry News

Interesting article on the BBC about a company that is providing 3D barcode technology to help prevent counterfeit.   They wont be ready until late 2016, luckily we can solve the same problem today. http://www.bbc.com/news/science-environment-34200649 itrace’s patented 2DMI is capable of being applied to a pill today and is already protecting watches across 17 brands. […]

PR: Strong growth predicted for anti-counterfeit food packaging A market research report says that anti-counterfeit packaging for the food and beverage sector will grow16 per cent a year to 2020, thanks to increased use of track-and-trace technologies. Radiofrequency identification (RFID) and barcode technologies will see strong uptake – particularly in the wines and spirits categories. […]

Click here for the full article. http://www.cbp.gov/newsroom/local-media-release/2015-08-27-000000/cbp-officers-miami-seaport-seize-over-1-million MIAMI — In one of the largest seizures this year at the Miami Seaport, U.S. Customs and Border Protection (CBP) officers seized over 2,300 counterfeit Gucci and Louis Vuitton handbags with an estimated Manufacturer’s Suggested Retail Price (MSRP) of $1,076,685. The handbags arrived in a shipment from China on […]

From the Counterfeit Report: A civil Racketeer Influenced and Corrupt Organizations (RICO) lawsuit against eBay® and PayPal® was filed in Federal Court claiming eBay knowingly and deliberately facilitates, proliferates and profits from the ongoing sale of counterfeit and fake products on its website. See the full article here: https://thecounterfeitreport.com/press_release_details.php?date=2015-08-20&id=489 Find a copy of the complaint here: http://rrexparris.com/wp-content/uploads/2015/08/Wimo-v.-eBay-Complaint-Filed.pdf […]

Consumer Reports looks at the true cost of counterfeit goods. Here is the link to the full article:  http://www.consumerreports.org/cro/news/2015/08/the-true-cost-of-fake-goods/index.htm   The true cost of fake goods Counterfeits don’t just knockoff watches and handbags. They also threaten your safety Counterfeiters aren’t scrappy entrepreneurs. They’re criminals whose nefarious deeds—selling everything from phony airbags and brake pads to […]

Here is the link to the full article from the World Economic Forum https://agenda.weforum.org/2015/08/how-do-we-combat-the-problem-of-counterfeit-drugs/ As we learn more about the threat from substandard and counterfeit medicines, it is becoming clear that it is a far greater problem than previously thought. It is also a scourge that is most acutely felt in developing countries, where fake […]