counterfeit
New York (AFP) - Anyone who walks the streets of Manhattan can observe sidewalk vendors hawking counterfeit luxury products. It's big business, really big. Just how big became clear Wednesday when prosecutors announced the "largest ever seizure of counterfeit goods in US history" -- a massive haul of about 219,000 fake handbags, shoes, clothing and other items. "The seizures announced today consist of merchandise with over $1 billion in estimated retail value, the largest-ever seizure of counterfeit goods in US history," federal prosecutor Damian Williams said. Counterfeit goods commonly have ...
AFP
Washington (AFP) - US authorities arrested a Chicago pharmacist Tuesday for selling dozens of official cards showing proof of Covid-19 vaccination on eBay, the Justice Department said. The department said Tangtang Zhao sold 125 official Centers for Disease Control and Prevention vaccination cards for $10 each. Zhao worked at an unidentified chain of pharmacies and had access to the cards, which are provided each person who gets a coronavirus vaccination. The cards are increasingly important as more businesses, offices and public events demand proof of vaccination by workers or participants. Zh...
AFP
Amazon Inc (NASDAQ:AMZN) announced that it had blocked 10 billion listings in its crackdown on counterfeit products. Brands, shoppers and lawmakers have been pressuring the online retailer to remove listings for fake products. Q1 2021 hedge fund letters, conferences and more Amazon cracks down on fakesAmazon said it removed over 10 billion listings for counterfeit products before any sales were made. The company released that number in its first report on its anti-counterfeiting efforts since it revealed new technologies and tools about two years ago. The number of fake listings last year grew...
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