Industry News

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 […]

THE grand golden doors of 500 Pearl Street, in Manhattan, have welcomed such glamorous names as Hermès, Tiffany & Co and Kering, a French conglomerate whose treasures include Gucci and Bottega Veneta. The building is not a posh hotel or department store. It is the federal court for the Southern District of New York, a […]

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 […]

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 […]

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 […]

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 […]