NFL Cracks Down On Counterfeit Merchandise - 13 WTHR WTHR.com is the news leader for Indianapolis and Central Indiana. Get the best news, weather, sports and traffic information from Channel 13. http://www.wthr.com/Global/story.asp?S=6013033
Counterfeit Merchandise Flying Off The Shelves In Philadelphia The other day on the South side of Philadelphia, Federal authorities raided four businesses who were selling counterfeit merchandise. http://www.securityinfowatch.com/counterfeit-merchandise-flying-shelves-philadel
Extractions: @import "/sites/all/modules/simplenews/simplenews.css"; @import "/files/css/32e4163415ba2d2f79f54fa92faecc9d.css"; Site Search OAS_AD("Top");//LEADERBOARD Home > node > Counterfeit merchandise flying off the shelves in Philadelphia The other day on the South side of Philadelphia, Federal authorities raided four businesses who were selling counterfeit merchandise. ( South Street Businesses Faking It ) Rolex watches, Gucci bags and more - all high end merchandise, you name it they had it except it was all counterfeit. In all, investigators removed over $500,000 in fake products, the businesses were closed down and the owners arrested. To make matters worse, this is not the first time some of these same "retailers" had been raided. Back in February (2010) the Federal authorities raided some of these same businesses, taking all of their merchandise. There are two reasons there is such a high demand for counterfeits products, 1) People looking for deals see that Gucci bag, at a highly discounted price, and buy it and 2) Consumers know the product is counterfeit and see it as an opportunity to be like the "Jones' - they think nobody will know, but them. The epidemic is not just germane to the Philadelphia region, it's a world wide epidemic as globally, retailers loose about $600 billion annually with the losses estimated here in the US at about $400 billion annually - this tells me the US consumer is driving the counterfeit merchandise epidemic.