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Counterfeit Golf Equipment Seized in Beijing PDF Print E-mail
Saturday, 11 April 2009 08:13

BEIJING--(BUSINESS WIRE)--The U.S. Golf Manufacturers Anti-Counterfeiting Working Group today announced that on March 24, 2009 the Beijing Chaoyang Administration for Industry and Commerce (AIC) and the Chaoyang Public Security Bureau (PSB) jointly conducted raids against an assembly and warehouse facility of the Sunshine Golf Store located at Shangxinpu, Huanggang Village, Chaoyang District, Beijing. 



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Counterfeit Coach and Gucci Handbags Snatched by Customs and Border Protection PDF Print E-mail
Saturday, 11 April 2009 08:07

Handbags and backpacks seized by important specialists at Los Angeles International Airport as fakes.Los Angeles, California - Customs and Border Protection import specialists yesterday seized two shipments of counterfeit handbags and backpacks with an estimated manufacture’s suggested retail price of $1.1 million and a domestic value of $89,236.

CBP import specialists at Los Angeles International airport seized an air shipment of 1,300 handbags and backpacks which arrived from China containing counterfeit Coach and Gucci trademarks. A similar shipment containing 1,328 counterfeit handbags and backpacks was seized April 2.

 



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Read more: Counterfeit Coach and Gucci Handbags Snatched by Customs and Border Protection
 
Crypto-chip Offers Counterfeit Parts Solution PDF Print E-mail
Friday, 10 April 2009 10:55

 

 

Counterfeiting remains a serious problem in the aerospace industry. “About 2 percent of the 26 million parts installed on aircraft worldwide are counterfeit; that’s roughly half a million parts ranging from hardware to advanced electronics equipment,” said Ben Jun, vice president of technology for Cryptography Research of San Francisco.



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Read more: Crypto-chip Offers Counterfeit Parts Solution
 
Nanostart holding Nanosys: Cooperation for anti-counterfeit solutions with multi-billion dollar biotech company Life Technologies PDF Print E-mail
Friday, 10 April 2009 10:53

Nanostart holding Nanosys, Inc. and multi-billion dollar company Life Technologies Corporation (NASDAQ: LIFE) today announced a cross-licensing agreement to share rights to an intellectual property estate related to fluorescent nanocrystals (also known as quantum dots). New products developed as a result of this agreement will help prevent counterfeiting worldwide. The quantum dots will allow manufacturers to trace the source of their materials and manage and track product shipments, helping stop counterfeit material use in pharmaceutical and diagnostic products, food and beverages, and electronic goods, reducing counterfeiting of currency, documents, fine art, and luxury goods.



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Read more: Nanostart holding Nanosys: Cooperation for anti-counterfeit solutions with multi-billion dollar biotech company Life Technologies
 
Counterfeit components find new markets PDF Print E-mail
Friday, 10 April 2009 10:48

Although it’s impossible to know for sure, industry experts estimate counterfeiting cost at $100 billion to $200 billion annually, or nearly 10% of all electronic equipment sold worldwide. Most industry experts claim that the problem is escalating and note that, although the federal government and several industry associations have taken measures to limit counterfeiting, it continues to plague the components industry.

Counterfeiters are even targeting low-cost, passive components. “Everything is getting counterfeited,” says Robin Gray (photo), executive vice president of NEDA (National Electronic Distributors Association). “It’s not just the high-value items, [such as] semiconductors. It can be connectors, resistors, anything that can turn a good profit, anything that’s on allocation, anything that’s in high demand.”



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Last Updated ( Friday, 10 April 2009 10:49 )
Read more: Counterfeit components find new markets
 
Counterfeit Goods Could Be Funding Terrorism PDF Print E-mail
Friday, 10 April 2009 10:45

HOPKINSVILLE, Ky. - Police said counterfeit handbags for sale are illegally made and may be funding terrorism.

Investigators said they made their first arrest last month.

Earnest Romious and James Bailem of Clarksville are charged with knowingly selling "counterfeit couture," according to police.

Detective Chuck Inman said if the merchandise were authentic, it would've generated $50,000 for designers like Gucci, Prada and Louis Vuitton.

Beyond the obvious copyright violation, one advocacy group said there is usually something much more sinister beneath the surface.

"The folks that are involved in trademark counterfeiting, to a large degree, are the same individuals that are involved in drug trafficking, human trafficking, uh.. and weapons trafficking," said Travis Johnson of the Anti-Counterfeiting Coalition.

And while it might be illegal in some states for you to buy counterfeit merchandise, authorities are really looking for people buying these bogus brand names in mass quantity.



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