Tag: counterfeit
Authorities Seize $1 B in Counterfeit Goods—Largest Bust in US History
Federal authorities announced that recent raids on storage facilities in New York City uncovered a substantial amount of counterfeit handbags, shoes, and other luxury merchandise, potentially valued at over $1 billion if authentic.
When Did Counterfeit Become Cool?
Once upon a time, counterfeit luxury goods were considered a fashion faux pas. Unfortunately, there now seems to be a growing comfort with—even preference for—counterfeit luxury goods.
Poker Player Allegedly Revealed as Mastermind Behind $230M Counterfeit Drug Scheme
Las Vegas poker player Lazaro Hernandez has been exposed as the mastermind behind a $230 million counterfeit prescription medication operation.
Nike Files Lawsuit Against Social Media Influencer for Allegedly Endorsing Counterfeit Products
Lawsuits have been filed by Nike against a social media influencer who allegedly sells and promotes counterfeit Nike apparel. Learn more in this article.
Shrinktoberfest Webinar: No Tricks Just Treats to Support Your Holiday Asset Protection Strategy
Join us for the pre-season push to gear up with our subject matter experts as we talk about internal theft trends, AP data analytics, and new ways to identify counterfeit currency.
US Currency Education Program Hosting Webinar Series on Identifying Counterfeit Cash
Each Thursday in October, the CEP will provide education and training to frontline cash handlers to familiarize them with the security and design features of US Currency, so they can better recognize counterfeit cash.
When Did Counterfeit Become Cool?
Unfortunately for high-end retailers, there seems to be a growing comfort with—even preference for—counterfeit luxury goods.
$11.3M in Counterfeit Goods Found in Storage Units Seized by Police
Police officers seized $11.3M in counterfeit goods in a storage unit in Shrewsbury, police say. Read more about the incident, here.
Amazon Announces Anti-Counterfeiting Exchange
Amazon has announced the new Anti-Counterfeiting Exchange (ACX), an industry collaboration designed to make it safer to shop online and more difficult for counterfeiters to move among different stores to attempt to sell their counterfeit goods.
Amazon Seized Over 6M Counterfeit Products in 2022
According to the report, Amazon identified, seized, and disposed of more than 6 million counterfeit products in 2022 before they could reach customers or be sold elsewhere in the global supply chain.