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A counterfeit consumer good is a good —often of inferior quality—made or sold under another's brand name without the brand owner's authorization. The term counterfeit, fraudulent, and suspect items (CFSI) is also used to describe such goods. [2] Pirated goods are reproductions of copyrighted products used without permission, such as music ...
“The dangers of buying counterfeit products aren’t always obvious,” notes U.S. Customs and Border Protection (CBP), which seizes all manner of such goods in its role as an agency of the ...
Counterfeit medications. A counterfeit medication or a counterfeit drug is a medication or pharmaceutical item which is produced and sold with the intent to deceptively represent its origin, authenticity, or effectiveness. A counterfeit drug may contain inappropriate quantities of active ingredients, or none, may be improperly processed within ...
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Counterfeit electronic components are electronic parts whose origin or quality is deliberately misrepresented. Counterfeiting of electronic components can infringe on the legitimate producer's trademark rights. The marketing of electronic components has been commoditized, making it easier for counterfeiters to make it out into the supply chain .
Here are the 10 product categories, in descending order, that lose the most money to counterfeit goods. 1. Footwear. Value: $99.8 million. Percent of Total Seizures: 38%. Just under $100 million ...
To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value than the real product. Counterfeit products are fakes or unauthorized replicas of the real product.
Here’s how to spot counterfeit Botox, according to the California Department of Public Health. The box or outer packaging: Displays the active ingredient as “Botulinum Toxin Type A” instead ...