$1M in Counterfeit Goods SeizedMore than $1 million in counterfeit merchandise was seized Saturday at
the Coastal Carolina Flea Market in Ladson, including 60,000 CDs, 3,000
DVDs and 700 pairs of shoes, officials said Monday.
NPR - National Public Radio
Chinese Crackdown Fails to Stem Counterfeit GoodsIn Shanghai, the local government claimed a victory when it recently
shut a famous market, where 80 percent of goods sold were said to be
fake. But for tourists like Jenny Jones from California, the market's
closure represented just another shopping opportunity.
Examiner.comCounterfeit Culture - It's not just Gucci bags and Rolex watches anymoreNY Times International Herald TribuneCounterfeit Goods are linked to Terror Groups snippet from article:
In the year between October 2005 and September 2006, the Department
of Homeland Security made 14,000 seizures of counterfeit goods worth a
total of $155 million.
In New York alone, the trade was worth $80
billion, and it costs the city an estimated $1 billion a year in lost
sales tax revenue.
"It's virtually all profit and it isn't funding anything good," the
city police commissioner, Raymond Kelly, told a conference on
counterfeiting this month. "It is a threat to democracy and a threat to
the rule of law."