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Counterfeit

Counterfeit

According to a government study, $135 billion worth of counterfeit products were sold worldwide via the Internet. The study found that in 2007, the U.S. economy lost $58 billion due to product counterfeiting. Counterfeiting is big business In Fiscal Year 2011, US Customs & Border Protection (CBP) and Immigration & Customs Enforcement (ICE) seized nearly $200 Million worth of counterfeit goods intended for sale in the United States. Unfortunately, we also know that those represent only a small percentage of the total market for counterfeit goods. Globally, the trafficking of counterfeit goods is much larger, and growing. That growth is driven in part by CONSUMER DEMAND. Counterfeiters often prey on consumers’ desire for low prices, but consumers should recognize that there is a real difference between a cheap price and bargain. And the cheap prices offered by counterfeiters often come at a very high cost to others. You should know the truth about counterfeiting. Six Reasons You Should Never Fake It: •Counterfeiting is illegal and purchasing counterfeit products supports illegal activity. •Counterfeiters do not pay taxes meaning less money for your city's schools, hospitals, parks and other social programs. •Counterfeiters do not pay their employees fair wages or benefits, have poor working conditions, and often use forced child labor. •Counterfeit goods are often made using cheap, substandard, and dangerous components that put the health and safety of consumers at risk. •The profits from counterfeiting have been linked to funding organized crime, drug trafficking and terrorist activity. •When you purchase a fake, you become part of the cycle of counterfeiting and your money directly support these things you would never want to support.

 

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