Hannaford on Fraud - Posting Fourteen
Counterfeit Products
Who out there hasn’t been tempted by a fake handbag or an imitation watch? You’re on vacation and these items are sold on the street by venders and it’s all in fun right? Well, there is likely no physical threat from a fake couture handbag, counterfeit products go beyond the odd accessory. I don’t mean to minimize the risks that counterfeiting poses to the brand names of large couture houses that employ people worldwide and pour millions into the economy. Or the music and film industries that report losing millions of dollars in sales to counterfeit products that are sold on the street every day. However, counterfeiting goes deeper than that. Counterfeit prescription drugs put peoples’ health at risk, counterfeit auto parts make our road unsafe and counterfeit protective equipment can leave people thinking that they are protected when they are not. In the coming months Fraud Squad TV will bring you episodes which deal with these issues and more.
If you have been a victim of counterfeit products fraud go to Take Action on the web sit and let us know. We would love to hear your story and you can see more on this and other types of fraud on Fraud Squad TV.
