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“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 ...
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 ...
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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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 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 ...
The QR code system was invented in 1994, at the Denso Wave automotive products company, in Japan. The initial alternating-square design presented by the team of researchers, headed by Masahiro Hara, was influenced by the black counters and the white counters played on a Go board; the pattern of position detection was found and determined by applying the least-used ratio (1:1:3:1:1) in black ...
Counterfeit and phony checks are a bane to consumers and businesses alike. But one state has come up with a way to keep folks informed about these attempts to rip off people and stores. The New ...