Counterfeit Goes Prime Time

Posted on July 14, 2010
Filed Under Trademarks |

Tonight CNBC will premiere its show Crime Inc.:  Counterfeit Goods tonight, July 14 at 9 PM.  From the CNBC web site:

Fake handbags, watches, shoes and perfumes. The business of Counterfeit Goods is the largest underground industry in the world. Hundreds of billions of dollars are generated while sapping the economy, putting lives in jeopardy, and funding organized crime in the process.
CNBC’s "Crime Inc.: Counterfeit Goods," takes viewers on a rare look inside a global crime spree, where the goods are produced and confiscated in a world of high-risk and high-reward.
Host Carl Quintanilla takes you on raids with the LAPD anti-counterfeiting unit, inspections at ports, and back-room factories where counterfeits are produced. Meet a company whose whole brand was copied, and the story of a defense contractor who counterfeit defense parts that found their way into weapons depots in Iraq.
At around 7% of all global trade, Counterfeit Goods are a big business with low overhead. It makes too much money to go away any time soon.

You can also view a slideshow of the Top 10 seized goods.

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