What’s in the News?

Counterfeit Products In The News:


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2 LA Merchants Banned, Fined $26M For Selling Counterfeits


May 09, 2014 - By Los Angeles City Attorney
Two downtown Los Angeles merchants have been banned from the Fashion District and assessed a $26 million penalty – which officials say is the largest such penalty on record – for selling counterfeit goods.
 
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Alibaba, Chairman Ma's Dealings Raise Red Flags   external link


May 08, 2014 - By Reuters
Alibaba's long-awaited IPO prospectus has a subtle, striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests.
 
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DOD Issues Final Counterfeit Electronic Parts Rule


May 07, 2014 - By DOD
The Department of Defense (DOD) issued the much-anticipated final rule regarding detection and avoidance of counterfeit electronic parts. The final rule has significant implications for contractors.
 
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SFO plays key role in seizing counterfeit products   external link


May 06, 2014 - By Mike TeSelle
From fake Viagra pills to knockoff sunglasses, sports jerseys and cellphone accessories, U.S. Customs and Border Protection Supervisor Jeffrey Meleg said the battle to keep counterfeit goods from landing on U.S. soil is relentless.
 
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WSJ Counterfeit Report Features Dahon Bikes   external link


May 06, 2014 - By Jan Willem van Schaik
According to Dahon CEO Dr. David Hon: "Up to half of the bikes sold on Taobao are either non Dahon products, branded with the company logo, or are guilty of copyright infringement."
 
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Concern Growing For Alibaba Upcoming IPO


May 06, 2014 - By TCR Press Release
Alibaba's Taobao.com removes 114 million suspected counterfeit listings but seeks $15 billion in investor funding for its operations.
 
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Dangerous fake goods thrive on the Web   external link


May 01, 2014 - By WZZM
Legal authorities and counterfeit experts say many counterfeit goods are traded on popular consumer sites like Alibaba, eBay and Amazon.com, which are finding it increasingly difficult and expensive to differentiate between legit and bogus sellers.
 
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Confident Consumers Continue To Be Fooled By Counterfeit Products   external link


May 01, 2014 - By Canon USA
Anti-Counterfeit study reveals that U.S. consumers seem to be unaware of the full impact and risks of purchase and use of counterfeit products.
 
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185 counterfeit guitars valued at $1 million seized at mail center   external link


Apr 30, 2014 - By US Customs and Border Protection
CBP officers working at a bulk mail center in Jersey City have confiscated and will destroy more than 185 counterfeit guitars that would have sold for more than $1 million.
 
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China, India named on U.S. piracy, patents blacklist   external link


Apr 28, 2014 - By Krista Hughes
The United States named China and India on a watch list for countries that aren't doing enough to fight intellectual-property crimes, warning of trade-secret theft in China and the proliferation of generic drugs and counterfeiting in India.
 
 

 
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