Post and Courier(Charleston South Carolina)

$1M in Counterfeit Goods Seized

More 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 Goods

In 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.

Counterfeit Culture - It's not just Gucci bags and Rolex watches anymore

NY Times International Herald Tribune

Counterfeit Goods are linked to Terror Groups

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."